Private banks do not any longer offer mortgages in foreign currencies. This has affected wealthy borrowers who tried to take advantage of the lower interest rates abroad. The falling value of the pound has, however, increased repayment amounts drastically. The Royal Bank of Scotland International and Barclays Wealth were among the private banks that sold […]
In a majority of the cases it is always better to pay off the mortgage and be done with the debt as it will save you a lot of money in terms of interest. However, under some conditions it is not the best thing that you can do. Should the Mortgage Be Paid Off Early […]
When you leave your home, the homeowner’s insurance policy that you have purchased will also follow you. It protects you and your family against theft or loss of personal possessions and liability due to property damage or accidental injuries. A standard homeowner’s policy, thus, includes off-premises coverage unless you have decided to exclude it, according […]
An analysis by More 2 Life, equity release lender, reveals that over 1.3 million people above 55 years of age are continuing to pay their mortgage and 289,000 people above 65 years of age owe money on the home loan that they have taken. More 2 Life’s analysis found out that 18% of the owner […]
Most people don’t give much thought to home insurance. They just pay the premium every year, accepting it as part of owning a home. However, if you can give a little more attention when the homeowner’s insurance is due for renewal, you will be able to get a better value for your money and proper […]
Adages and proverbs pepper our daily expressions. ‘A stitch in time…’ is a peculiar one. Although we know it is related to the benefits of[...]
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