BMV Club » Mortgages

When Will Interest Rates Rise?

admin — Fri, 11 Jun 2010 11:21:46 +0000

One of the things that makes property investors anxious is the interest rates. Yesterday Bank of England left interest rates unchanged for the 15th month in a row at 0.5%. Every investor and home owner has benefitted from lower mortgage payments. But how long this party can last? Some economists and institutions like OECD [...]

Why So Many Sub-prime Borrowers Face Repossession

pankaj — Sun, 07 Oct 2007 07:32:55 +0000

BBC has been conducting a survey over the past 3 months. After looking at more than 7,000 court hearings, they found that lenders have been acting recklessly and disproportionately to give money to people who can not afford it. More than 70% of all repossessions are from people who could not afford the mortgage [...]

Northern (C)Rock – What Does This Mean to UK Housing Market?

pankaj — Fri, 14 Sep 2007 13:47:19 +0000

In the end, UKâ€™s fifth largest mortgage lender, Newcastle-based Northern Rock, had to go cap in hand to the Bank of England (or BoE) for some extra lending, after spending best part of last week doing some explaining to BOE and the Chancellor of the Exchequer.

Here is a bank with a solid mortgage [...]

How Some Investors are Paying Off Their Mortgages Without Lifting a Finger

admin — Mon, 03 Sep 2007 19:40:04 +0000

Many investors prefer to buy property to hold, and others prefer to sell as soon as they can make a decent profit. Some prefer a bit of both to keep the cash flow going.

If your investment strategy is â€˜buy and holdâ€™ then one of the most important considerations is: how are you going [...]