Cardiff is a vibrant city, with a vast array of properties throughout the area. Whether you’re looking for a modern apartment in the city centre, or a spacious family home outside the hustle and bustle, Cardiff has something to offer everyone. But how do you go about finding your dreamContinue Reading
When people face a financial crisis, they mostly think of either redeeming their investments or availing of a loan. Though redeeming your investments can lead to you saving money on interest payments, it is likely to interrupt your long-term goals. Though a loan can be a better choice in caseContinue Reading
A loan against property (LAP) helps utilize the locked-in value of the property for personal or business use. The facility is available for up to 10 years. The foremost requirement for LAP is that the property under mortgage needs to be in the borrower’s name. LAP is an ideal financingContinue Reading
Starting a new career or changing professions may be a difficult decision. This is true even if you’re only searching for a way to supplement your present income. Other aspects to consider include what best matches your talents and expertise, how much money you want to make, where your mostContinue Reading
When you apply for a mortgage, we assess your financial situation to determine the reasonable amount you can spend on the purchase of a property, taking into account that you are in a stable position to continue making your monthly mortgage payments. . It’s also a way to reassure lendersContinue Reading
While some of the closing costs will not be negotiable in some areas you may qualify for a discounted rate. For example, you can ask the lender to waive application fees and processing fees. Origination fees are usually 1% of the loan amount. With a $300,000 refinance the origination fee should be $3,000. Likewise, what are the costsContinue Reading
Interest is often called “the rent of money” because it is an amount that must be paid between the time of the loan and its complete repayment, just as we pay rent during the term of our stay in the accommodation. How is the interest rate determined The interest rate is aContinue Reading
A mortgage is a loan that allows you to finance the acquisition of your home. A mortgage is, technically speaking, a legal agreement under which property serves as collateral to secure the repayment of a loan. If all the terms of the mortgage are met, the borrower, i.e. you, willContinue Reading
Complementing retirement is increasingly important to be able to enjoy a moment of retirement from work with a better quality of life. The problem that many Spaniards encounter is how to do it. In Spain you do save, the problem is that its financial culture is very different from thatContinue Reading
The risks associated with a mortgage are unlikely, but if they do occur, they are truly damaging. There is mortgage life insurance to cushion this blow, which comes into play when the insured’s life is cut short by death, illness, disability, unemployment, or other circumstances. We tell you how thisContinue Reading