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  • 2). Offset Mortgages. A dream for well off homeowners.  By : Michael Challiner
    Offset mortgages represent one of the biggest mortgage innovations seen in recent years. Six years ago there was hardly an offset mortgage to be seen. Now they and the current account mortgage, to which they are closely related, account for £10 out of every £100 of new lending. What's more, one of the UK 's large lenders believes that 25% of existing mortgage holders would be better off with an offset mortgage.
    Article Related to: mortgages, mortgage, offset, well, off, homeowners

  • 7). Is Your Loan Company Ripping You Off?  By : Michael Challiner
    The companies that loan people money then add on sky high interest rates might claim to be doing people a favour by offering them the chance to have instant cash. Instead, they are crippling the poor with debt. So says the Competition Commission which will quickly and clearly point out that what these outfits are doing is plain wrong. What these companies have become, the commission is likely to tell you, is sharks - predators which prey on the most vulnerable in society because they earn the least and have no other way of gaining credit.
    Article Related to: loans, interest, rip, off



 


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