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Ill Retirees Could Withdraw More Equity Retirees suffering from ill health may be entitled to enhanced terms available from some specialist equity release providers, according to Key Retirement Solutions.For those who are suffering from ill-health that may impact their life expectancy, some specialist equity release providers will allow them to release greater sums from their homes compared to traditional lenders.In addition more...... Similar Editorial : Attention Retirees by Paula Martinez. | Source : Account Ira
Tracker Rates Hit By Credit Crunch The margins added to tracker interest rates by lenders have negated the 0.5% decrease in the Bank Base Rate since July 2007, according to Defaqto.Before the credit crunch, the margin above the Base Rate added by mortgage lenders to tracker mortgages was generally stable in the region of 0.5% to 0.75%, depending on the length of the tracker term, Defaqto found.In today's increasingly difficult...... Similar Editorial : The Credit Crunch by David Lynes. | Source : Low Credit Score Loans
Over A Million Borrowers Facing Rate Hike Around 1.4 million borrowers are likely to face higher Mortgage costs in 2008 when their fixed-rate mortgages come to an end, according to the Financial Services Authority.Supported by members of all sides of the House of Commons, the Money Advice Trust charity has been working with the Council of Mortgage Lenders (CML) to publish advice for these borrowers.The Money Advice Trust's chief...... Similar Editorial : Facing Foreclosure by Thomas Bladecki. | Source : Generate Wealth
Mortgage Lenders Ignoring Customer Loyalty Mortgage lenders are ignoring the age old business adage that it's five times more expensive to win a new customer than to keep an existing one, according to comparison site Moneysupermarket.By charging customers who want to renew their fixed-rate mortgage with the same lender, providers are leaving customers wondering why they have to pay a price for their loyalty.Consumers coming to the end of a...... Similar Editorial : Customer Loyalty by Christoph Puetz. | Source : Mortgage Rate Quote
First Direct Withdraws Mortgages For New Customers Mortgage lender First Direct has temporarily stopped offering mortgages to non-customers in order to process the unprecedented number of applications it has had in recent weeks.The lender will still allow existing customers to apply for Mortgagesand will resume offering mortgages to non-customers as soon as the backlog of applications has been dealt with. In the interim, HSBC - the bank's...... Similar Editorial : Courting Customers by Bryan Brandenburg. | Source : Mortgage Rate Quote
Co-op Pulls Two-year Mortgage Range The Co-operative Bank has decided to withdraw its two-year mortgage range on a temporary basis from close of business on 3 April.It said the decision was based on a desire to create long-term customer relationships and to not compromise its customer service by chasing business volume at any cost.John Barker, head of mortgages at Co-operative Bank, said: "We are fully committed to providing...... Source : Mortgage Rate Quote
Buy-to-let Landlords Prefer Variable Rates Variable-rate mortgages are becoming more popular among buy-to-let landlords, according to Legal & General Mortgage Club.L&G's recent survey found that although fixed-rate mortgages remain a favourite with residential homebuyers, landlords are more comfortable with taking on an element of risk.An estimated 64% of buy-to-let mortgages taken out between December and February were variable,...... Source : Pa Landlord Tenant
Benn Calls For Greener Homes Environment secretary Hilary Benn has set out a range of initiatives to enable people to make their homes greener.He said: "It is because none of us will be immune to dangerous climate change, that we all need to take steps to prevent it happening. These initiatives will give people the support to do this in their everyday lives."This is essential because if we are to stop climate change's...... Similar Editorial : US Sporting Greener Cars by Anthony Fontanelle. | Source : Rent Lease Agreement
Rents Rise As Serious Landlords Stay Put The average annual rent reached £11,886 in February, up from £11,604 in January, according to buy-to-let lender Paragon.The lender's buy-to-let index found that rents rose by 2.4% since January and 5.2% over the past quarter. The average rental yield for February - the rental income expressed as a proportion of the property's value - was 6.3%, compared with 6.0% three and six months ago...... Similar Editorial : Association Of Landlords by Peter G. King. | Source : Rental Property Management Companies
Car Hire Italy Cheap The cost of hiring a car is usually reasonable depending on where you did you booking. Once you choose the model you want and pay your fees you are ready to go explore this wonderful city... Similar Editorial : Bristol Airport Car Hire by Gen Wright. | Source : Car Rental Guide Pg. 2