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…
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…
Secured loans have become more popular in the UK in recent years, and can be a great option for homeowners looking to raise some cash. But how are they different from a traditional mortgage? And how do you go about getting one? What is a secured loan? Unhelpfully,…
If you own a property, you aren’t limited to having just one mortgage secured against the bricks and mortar you own. You can take out a second mortgage too, which can come in useful for all sorts of reasons, from funding home improvements to clearing your debts. But…
A homeowner loan is a type of loan that’s only available to… well, people that own their own home. Pretty obvious, right? And, whether you’re planning on finally getting that extension you’ve been dreaming of for years or you need some help tackling your…
You’ve might have heard debt consolidation described as “rolling up all of your debts into one payment”, and that’s pretty much the gist of it. Instead of paying back smaller amounts to lots of different providers, debt consolidation works by taking all of the money…
Sometimes, a lick of paint or some fresh wallpaper is all it takes to spruce up your home and make it feel new. Other times, you can’t help but find yourself daydreaming about bigger, more exciting projects. Like that home gym you’ve always wanted… Or converting…
A jargon-free look at the pros and cons of different credit options There are many different credit options out there: from credit cards and payday loans to second mortgages and remortgaging. With so many choices, how are you supposed to know which is the best credit…
Savvy home improvements that a secured loan could fund – and will add value to your property With house prices high but with so few homes on the market, many people are staying put in their current home and choosing to carry out renovations, rather than moving to a…