UK Specialist Lenders offering Remortgage Advice and Discount Mortgage Loans If you are buying a mortgage for the first time, our website will help you compare thousands of UK remortgage rates and deals. Also helpful advice for buy to let, equity release or self employed loans. More About Our UK Mortgage Services >>

Do you know which type of mortgage is best suited for your needs? We provide a complete breakdown of mortgage types so that you can fully understand the market. These are sectioned into mortgage basics, first time buyers, remortgages, buy to let, self employed mortgages, bad credit, equity release and insurance. Use our free calculators and keep up to date with the latest interest rates. An endowment mortgage or a capital and interest repayment mortgage? A fixed rate of interest or a variable one? Are you paying too much for your current facility? Worth rearranging your terms, perhaps? Crucial questions that the mortgage shop are on hand to provide the answers to.

We are an independent organisation and consequently are not tied to one financial institution. We have the freedom of choice of 120 lenders at our disposal. Not only that but we can save you time and trouble by putting in place all the other components, such as surveys and solicitor's services.

A remortgage loan is simply a new loan that replaces an existing mortgage. It can be obtained through your existing lender or you can use a different lender, depending on where you can find the best deal. As part of the remortgage process, your old mortgage will be paid off and you may even have the option to cash out some of your home equity.

Whether you are a first-time buyer looking for a new mortgage or aiming to switch home loans at the end of a deal with an existing lender, you want to find the best option to meet your needs. You may want the security of a fixed rate mortgage and an existing borrower may just want a cheap remortgage deal – and those with bad credit will simply be looking for a specialised lender willing to give them a chance.

There are many different types of home loans – including fixed, discounted and even offset mortgages – which is why an apparently cheap deal may not always be best for your needs. A mortgage is a sum of money borrowed from a bank, building society or other lenders in order to purchase a property or home. The mortgage is then repaid over time, along with added interest.

UK Mortgage Loan News

Saturday, 04-Jul-2009 23:08:13 BST