Over recent months mortgage exit fees have been at the centre of controversy, with regulators and campaigners questioning why a number of lenders have hiked up the cost of mortgage exit fees by huge amounts – in some cases by 200% over the past few years. Mortgage exit fees have been charged to those closing their mortgage accounts, such as those that have paid off their mortgages and those deciding to remortgage with another lender. Read the rest of this entry »
Popularity: 71% [?]
Financial stability for many homeowners in the UK has become increasingly difficult as a result of the interest rate rises that have been enforced by the Bank of England over the past year. Homeowners are having to pay out more in the way of mortgage repayments, which has left them with lower levels of cash to deal with other bills and repayments, and many are struggling hugely to keep up with repayments on their bills and other financial commitments. Read the rest of this entry »
Popularity: 79% [?]