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…
It’s easy to get into debt — borrowing a little here and putting stuff on your credit cards there — but getting out of debt can be a little harder, especially if you’re not exactly sure where to start. And with the amount of advice available, it can be…
Think of it as a cross between a grade for how you’ve been handling borrowing and a prediction for how well you’ll manage a loan in the future A credit score is a figure a lender calculates when deciding whether to make a loan to a potential borrower. Think of it as a…
First, take a deep breath. The first thing you need to do when you want to manage money better is to actually look at your finances. If you don’t balance your outgoing spend with your income, you will begin to struggle to make ends meet, and if you turn to short term…
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…
Take a look at credit scores and credit reports in a bit more detail They both show how you handle credit, but one’s a grade that’s shown as a numerical figure and the credit report is a summary of how you’ve been handling credit. Let’s take a look at credit scores…
Should you manage your money jointly or separately? Choosing to jointly manage your money is a big decision, but what exactly are joint finances and what are the consequences of having them? A quick overview of joint finances Although it’s not particularly…
How to keep your money and personal information safe online Online shopping has transformed the way we live, making it incredibly easy to do everything from finding a great deal on a loan to saving money on the latest technology. Yet, sadly, there are people out there…
How to consolidate your debts into one secured loan will leave you with more spare money each month If you are struggling to repay many different debts and own your own home, you could qualify for a type of loan to transform things. It’s called a consolidation loan…