Solution Mortgages through its trusted partner Strategic Mortgages has negotiated substantial discounts off the open market value on properties throughout the UK. Our buying power enables us to negotiate discounts of up to 20% on true market value. To view our current portfolio of below market value properties click here Please call us on 020 7953 8505 to find out…
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Looking for Debt Management?
Are you struggling to pay catalogue repayments, credit cards, store cards, overdrafts or loans? Do you have debts of £2,000 or more? If so get your finances back under control by consolidating your debts without a loan, freeing you from your debt worries. Get in touch with Solution Mortgages and we can put you in touch with one of our…
Need a secured loan
Are you in need of a secured loan? Do you want to consolidate your existing credit cards and loans to bring your monthly payments down and make things more manageable? Are you tied in on your existing mortgage and will have to pay a large penalty if you remortgage now, but still would like to consolidate your credit? If so…
Equity Release is resilient
The Equity Release market is still strong despite the downturn in the wider mortgage market. The popularity of draw down mortgages is likely to protect the market from the credit crunch and any downturn in the housing market. Applicants are guaranteed their cash facility regardless of falling house prices. Other factors that are protecting the equity release market are the…
Mortgage availability continuing to fall
Credit conditions in the UK are worse than ever but a recent survey by the Bank of England indicates that lenders are likely to put a further squeeze on availability of home loans in the short to medium term. Lenders advised that the chronic shortage of liquidity in wholesale funding was the reason for the reduction in credit availability. Lenders…
Warning on credit cards
The credit crunch is making things more difficult for all of us but is ever more important to cut back on needless spending and service your current debts. Lenders are concerned about the funds they have lent being repaid and will take action if they are not. Many people who are in debt are finding themselves under increasing pressure as…
Credit crunch v House Prices
The credit crunch is still showing no signs of abating. The financial events that begun last year in the US have shocked the world at the sheer speed and size of economic change. Many people are now feeling much more vulnerable and exposed than they did 12 months ago. Corporate and retail expectations have turned sour and a continuing stream…
Rise in payday loans highlight's debt problems
There has been a large rise in the number of households taking out payday loans since the start of the credit crunch. This highlights the level of unsustainable personal debt in the UK. The number of payday loans taken out since August 2007 has risen by 130%. This is a large but not unsurprising increase due to the availability of…
Home improvements can still add value
Home improvements is still an effective way to add value to your property despite the recent downturn in the property market. The most prudent home improvements for homeowners to undertake are a loft conversion, building an extension and adding a conservatory. These improvements add an average of £22,898, £19,800 and £12,229 to a property's asking price respectively. Green improvements such…
Inflation likely to decline in 2009
Inflation is likely to hit the 4% mark in the second half of this year due to rising food, energy and fuel costs. The Bank of England has hinted that they are unlikely to raise interest rates to quell this in the short term however. Inflation is now above 3% and the mandatory letter has been sent from the governor…