Posts Tagged ‘borrowers’

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Why The General Election Is Bad News For Mortgage Borrowers.

Why The General Election Is Bad News For Mortgage Borrowers.
The worst-kept secret in politics has been confirmed – the election is on May 6. Talk of a hung Parliament is rife as the polls shift from clear winners to a close call, but if this happens, City analysts expect gilt yields to rise – which is a key factor in determining the long-term cost of mortgages – and the chances are you would be ...
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Deals for property worth >£750k. Beat the 5% stamp duty rap by getting your lender to pay the difference.

Deals for property worth >£750k. Beat the 5% stamp duty rap by getting your lender to pay the difference.
While first-time buyers were being given a carrot to buy property, anyone buying a property worth more than £1m was certainly given the stick, as Stamp Duty on these deals has risen to 5%. But you can save money which will at least help reduce the pain of the tax rise. Here are the best deals for loans over £750,000.
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Mortgage Deals. First Time Buyers: Updated rates for up to 90% LTV mortgages.

Mortgage Deals.  First Time Buyers: Updated rates for up to 90% LTV mortgages.
First-time buyers have been given a leg-up to get on the housing ladder by Chancellor Alistair Darling in the Budget, as they do not have to pay any Stamp Duty on properties up to £250,000 for the next two years.
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Mortgage. Five-Year Fixed Rates Alert

Mortgage. Five-Year Fixed Rates Alert
We think interest rates will go up after the election as traditionally interest rates are lower than at most other times in the political cycle. Take advantage, and with a five-year fixed rate that will guarantee your mortgage payments through the next Parliament.
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