Mortgage Advice, Pensions, Loans, Tax, Investments And Savings

Category: Finance, Mortgages.

Mortgage advice, pensions, loans, tax, investments and savings.

But this is clearly no new predicament. All a relative minefield for todays average person looking to secure the future for themselves and their offspring. Honey, Im pregnant- again- for the eigth time! Fine dear, let me count the spare camel, chickens bags of, sheep grain, limbs etc. Not the sort of welcome home many men wish to hear these days but imagine going back a few thousand years to that homecoming. I can swap for a bigger property!

From grain, tools and tobacco through to Cowrie shells from the Indian Ocean which were still used until recent times. Man has, since the beginning of time, found ways of dealing for profit and gain long before money was invented. Even today, within the households of the mind blowingly rich around the world, gold bullion is preferred as a tangible commodity. But they did modern day man a huge favour with the Code of Hammurabi- the first official laws regulating banking operations. The royal palaces and temples of ancient Mesopotamia may well have had no idea just what they were starting when they initially provided secure places for the safe keeping of commodities such as grain. Long gone are the days of hauling around shed loads of grain to buy a house with.

Hence, the fast growing popularisation of electronic banking. For the average person in need of protection from loan sharks gold bullion is not a realistic option and neither is hiding your hard earned savings under the mattress. With all our assets tied up in banks and building societies can we always be sure of getting the most from our money? This is where mortgage advisors and mortgage brokers come into their own. After all, they are all money making organisations out for their own interests ahead of the consumers. Recent years saw a huge upsurge in people wanting to jump on the investment bandwagon of buying to let. Banks have cashed in on this trend with a push of their mortgages for buy to let schemes.

Probably fuelled by a trend in TV programmes relating to property renovation and making people feel this get rich quick scheme was accessible to even the most inexperienced developer. However, according to the Council for Mortgage Lenders, UK house repossessions for 2006 totalled 17, 000- a massive 65% increase on the previous year. A wise decision for any prospective purchaser or investor is an independent mortgage advisor. So, are individual banks doing whats right for the consumer? Regulated to protect the consumer, they are able to advice on a much broader range of products that can be tailored to the individual. Mortgage advisors are there to find you the very best deals in mortgages- whether it be investment, pension or repayment, endowment. Although still working for a commission( no grain! ), they are not obliged to draw customers to one organisation or another.

They can advice on overpayment, payment holidays, underpayment, variable rates, discounted tracker and, fixed capped rates. They can even advice on the raising of finance for house boats, mobile homes or the more unusual property. All financial concerns can be discussed with your personal mortgage advisor, including the buy to let mortgage, for everyone from the commercial developer to the first time buyer, from self build project managers to those looking to re- mortgage or buy a second home. Your mortgage advisor will be able to help deal with problems such as CCJ s, bankruptcy and repossessions to get you back on that property ladder as well as imparting his vast financial advice of insurances, savings taxes and, pensions will writing. So, with that next child on the way, a retirement looming or an unexpected accident or illness there is no need to panic, or round up the wildlife, just get advice from a mortgage broker.

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