A property search, house prices and mortgage rates all in one place – is this the ultimate homebuying/snooping app?App: Halifax Home FinderBy: The app was built by design company Grapple (which we wrote about here)Price: FreeAvailable on: iOS 4.0 or …
Posts Categorized: Features
Should I overpay the interest-only or repayment part of my mortgage?
Q I am trying to calculate the impact of paying off £20,000 of my mortgage. I owe £28,000 on a repayment basis and £30,000 on an interest-only basis, and the mortgage has 10 years left to run.I am planning to pay £10,000 off the interest-only porti…
The Manchester Mortgage: how one city is solving the housing crisis
Manchester council is providing affordable housing via a subsidised mortgage scheme for first-time buyersDemand for housing in Manchester is higher than ever before; as the city’s economy, job opportunities and population continue to grow, so does the …
How do my ex and I split an outstanding mortgage?
Q My ex partner and I – we were not married but co-habited for 23 years – drew up an agreement through mediation that we would split our house 55/45 on sale. It has now come to the agreed time to sell.He is maintaining that if I am getting 55% then…
Why is my mortgage lender charging me for using my own solicitor?
Q I am applying for a mortgage. I have appointed my own solicitor and my bank has told me they will charge me £160 plus VAT to do so. There would be no fee if I had used their appointed solicitor. I am confused as to what this charge is for. Am I obli…
Repossession capital of England still trying to build its way out of trouble
Leaders of the former steelworking town of Corby hope it can build its way to prosperity, but many who moved there are trapped in negative equity”You could own this home for as little as £451 a month,” yells the advert for a four-bedroom townhouse set…
Crisis looms in repossessions hotspots
Race is on to help homeowners most at risk if interest rates riseThe 75-metre-high tower of Lister’s Mill symbolised the power and status of Bradford during the city’s industrial heyday. It was the largest silk factory in the world, churning out the ve…