There are lots of reasons why you might find a second mortgage an excellent option A second mortgage, often known as a homeowner mortgage or loan, is a loan that’s secured on your home. It can help you get access to a large amount of money without remortgaging. You...
Plymouth’s historic Drake’s Island fortress on sale for £6m The entire island is one massive development opportunity and comes complete with a disused 6th Century barracks, a pier, a network of underground tunnels and planning permission for a luxury hotel and spa....
A mortgage broker such as Loan.co.uk can help you through the options How might leaving the EU affect your mortgage and what you can do in the meantime? On 29 March, 2019 the UK is due to leave the European Union. We take a look at how Brexit could affect mortgages,...
The Competition and Markets Authority (CMA) has taken a close look at how companies are penalising customers for sticking with companies rather than moving to better deals You would probably assume that most businesses would reward their most loyal customers by giving...
Contents What are my options for funding home improvements? Remortgaging for home improvements When is it a good option to remortgage? When is it a bad idea to remortgage? Homeowner loans for home improvements When might a homeowner loan be a better option than...
Self Employed? You will need your SA302 to buy a home Over 5.5 million UK taxpayers have less than a month to submit their Self-Assessment tax return. The deadline is 31 January and HMRC has warned that a penalty will apply for those who do not meet the deadline. The...
Loan.co.uk recently asked 2,000 British men and women what they would do with £50,000 to spend? The question comes just a month after Patrick and Frances Connolly from Northern Ireland were revealed as the winners of the £115 million New Year’s Day Euro Millions...
Bumper Q3 and Q4 performance puts industry back on track A FOUTH-QUARTER surge in the second charge mortgage market is set to tip lending back to pre-pandemic levels, according to national broker Loan.co.uk. Following official figures published today, the company,...
Paul McGerrigan, Loan.co.uk's CEO comments on - HMRC Property Transactions Data The data showed that, whilst the seasonally adjusted estimate of UK residential transactions in November 2021 was 24.3 percent higher than in October, it was still 16.4 percent lower than...
Paul McGerrigan, Loan.co.uk’s CEO comments on – UK House Price Index data for October “House prices have rocketed over the past 18 months, jumping more than ten per cent in a year fuelled by the race for space as people sought larger properties and outdoor area under...
Paul McGerrigan, Loan.co.uk’s CEO comments on – the Mortgage Lender’s and Administrators’ Statistics for Q3 2021 “The frenzied activity in the market seen in previous quarters of 2021, and the end of 2020, has dropped abruptly after hitting the proverbial wall of the...
Funding an extension to your home If you’ve run out of space in your property but don’t want to move to a new one, a home extension can be a great way of adding the extra room you need. Moving somewhere bigger isn't always affordable, especially once you add on the...
What is remortgaging? Remortgaging simply means taking out a new mortgage and using the funds to pay off your previous one straightaway. You can choose to stay with your current mortgage lender, or you may want to move to a different provider if there is an...