Build wealth. Love your life
You need a mortgage to buy a house. You also likely have debt; after all, who doesn’t have debt these days? And the question you ask yourself is will debt affect getting a mortgage. I will give you the short answer first, and please forgive me for sounding like…
Editor’s note: Today I give you a guest post by Lauren, the creator of Brit On A Budget where she posts about innovative ways to make and save money. You can follow Lauren on Facebook and Twitter. You might have seen numerous tweets and adverts encouraging people to open a…
There are benefits to having a later life mortgage ranging from preparation for your golden years to benefaction and preserving the possibility to borrow. As usual with money, there are also mistakes you must avoid. Benefits and mistakes are set out in this post. “My new apartment is lovely. Unfortunately,…
You may not realise it yet but you could be a mortgage prisoner, like tens of thousands of other homeowners across the country. You may be blissfully (well not quite blissfully) paying off your mortgage every month, completely unaware that when your mortgage deal comes to an close at the…
We’ve been writing about how to choose a house to buy, how to spot a great neighbourhood and whether it is better to rent or to own your house on The Money Principle. Recently I had a conversation with our niece who is looking to buy a house that…
Today, in Money Week, I saw that the Bank of England is expecting interest rates to be up to 3% by 2017. Now, this is only three years away; which means we all should pay more attention to the houses we have (and the mortgage), the houses we want…