Finance, homeowner loans, mortgages. Finance advice, information on homeowner loans and mortgage guides, from Independent Financial Advisors and Mortgage Brokers.

Finance in the form of credit cards, hire purchase, and other unsecured debts, has expanded rapidly over the last ten years. As the property market has grown and house prices have risen, the finance industry has seen huge increases in consumer borrowing.

Most types of finance are regulated by the Office of Fair Trading which issues Consumer Credit Licences to licensed credit brokers and other people who arrange finance for consumers. If you are shopping around for finance you should make sure the person or company you deal with has a Consumer Credit Licence to cover them for the type of finance they are offering you.

As more people reach their credit limits on credit cards, store cards, and other finance products, people are seeing the advantages of replacing various different types of finance with one single loan. This is known as debt consolidation, and is often achieved either by taking out a new mortgage (known as a remortgage) or a homeowner loan.

For mortgages, you should make sure the lender and broker you are dealing with are authorised and regulated by the Financial Services Authority who regulate a wide range of finance products within the UK.

Homeowner loans can offer a flexible alternative to taking out a new mortgage or applying for an unsecured personal loan.



Homeowner loans often attract borrowers who do not want to incur early repayment penalties, survey fees, conveyancing costs, and other fees that come with taking out a new mortgage or remortgage.

People who have bad credit and would therefore find it more difficult to get a mortgage might also find that a homeowner loan is the best way forward.

Homeowner loans usually have very simple application processes with no fees to pay up front. Home owner loans normally have very flexible repayment terms, competitive interest rates, and are speedier to arrange than a remortgage.

Homeowner loans are a way that you can consolidate debt or raise money for any purpose.

Mortgages are secured loans that people take out in order to buy a house, flat, or other residential property. There are all sorts of different mortgages: variable rate mortgages, fixed rate mortgages, base rate tracker mortgages, discount mortgages, mortgages for first time buyers, and specialist mortgages for people who are self employed or for people who need a mortgage with credit problems.

There are more than 150 different mortgage lenders in the UK and between them they offer a variety of more than 6000 different mortgage and remortgage products. With such a bewildering range of mortgages available, it can be a difficult and time-consuming job trying to decide which mortgage or remortgage is the best one for you.

For this reason, it is often sensible to take advice from a professional mortgage broker who will have an expert knowledge of the mortgage market and will be able to help you pick the most appropriate mortgage or remortgage product for your needs.