Full on Finance

The world of mortgages, property prices, interest rates and lending can be a tricky minefield to navigate. So many lenders shouting different rates and offers at you, not to mention the effort it takes to assess and select the most appropriate mortgage type in such questionable economic times. It’s little wonder people put off joining or advancing up the property ladder.
 
This area of FullonFinance looks at everything to do with mortgages and remortgaging in plain English. We want to cut through all the noise from the lenders and get back to the basics; helping you see the wood for the trees and giving you confidence in your decisions. After all, taking on a mortgage is a long term commitment and one that you want to get right from the start.

 

Understanding lending: Mortgages in brief

If talk of mortgages boggles your brain, have a read of this handy jargon-free guide to mortgages: types of mortgages available and how to go about choosing the right mortgage for you.

Getting started: Building up a deposit

Times have certainly changed for first time buyers. Where once it was easy to get 100% mortgages or borrow multiple times your salary, the economic crisis has resulted in lenders being far more prudent with what they’ll let you borrow. Now, significant deposits are required to get a foot on the property ladder and give you access to the best mortgage deals. Full on Finance takes a look at how you can build up a deposit to secure your first home.

Money management feature: Remortgaging

There are a number of reasons to remortgage your house. From equity release for home improvements to saving money on monthly repayments, we look at how remortgaging can benefit your financial situation.