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
Homeowners who are considering refinancing their mortgage may have come across the term “no cost refinance.” But what exactly does this mean, and is it the right option for you? In this article, we’ll take a closer look at the no cost to refinance loans, including how they work andContinue 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
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
When a loan is obtained, what must be repaid in installments is the amount collected and the interest due, which is the bank’s remuneration for the loan disbursed, and other related expenses. So how do you calculate interest on a mortgage? Let’s take a look. When a bank issues a mortgage,Continue Reading
What is Scotland’s Debt Arrangement Scheme? The Scottish Government established the Debt Arrangement Scheme (DAS). It allows you to repay your debts in a manageable manner without the threat of legal action from the people to whom you owe money (creditors) like in the Scotland debt free DAS allows youContinue Reading
The reverse mortgage is a way to obtain an income to complete your payment when you retire, taking advantage of your home. It can be instrumental, but it also has its risks. There are many ways to take advantage of a house to retire better and complement the public pension.Continue Reading