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Please note that articles on this site & any other 'planning-approval' related web site does not constitute professional advice. All articles are intended to provide a general view of many subjects. We suggest you to consult a solicitor before making any important decisions.  The author is not an expert in any given field.

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Mortgages, home & business finance, top up loans, bridging loans, home loans, debt consolidation, flexible mortgage, remortgage, and all other forms of mortgage services etc.

Please use our carefully selected featured links below to obtain information & quotes for all types of mortgages & home  or business loans. This Article is FREE for anyone to use.


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Obtaining Planning Permission for residential development in either extending your property or redeveloping the site for new dwellings needs careful presentation & a risk assessment prior to submitting for Planning Consent. A badly presented scheme to the Planning Department by the Novice home owner can lead to an Automatic Rejection & a Planning Refusal that could be hard to overturn. Our MAXIMUM BUILD Guide will assist you in assessing your sites potential & what areas you can exploit prior to submitting your scheme for Planning Permission.

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Quick links  to our MORTGAGES guide -
flexible mortgages  I  remortgaging

If you have been looking for a mortgage that gives you maximum financial freedom, then look no further than the Flexible Mortgage. In short, this type of mortgage allows overpayments, underpayments and the facility to take payment holidays without incurring penalties.

Flexible mortgages are particularly suited to anyone who can't be sure they'll always have enough cash when they need it, due to the nature of their work pattern. The flexible option also offers an efficient way to save, as interest on overpayments is calculated at the mortgage rate you are paying. Some lenders also offer all-in-one accounts that combine your current account with your mortgage.

Will a flexible mortgage work for you? You could save money with a flexible mortgage if, for example, you are in a position to overpay your monthly mortgage repayments from your income or if you anticipate getting a lump sum in the future, perhaps from dividends, an inheritance or other investments. A flexible mortgage can also give you more financial stability if your employment is based on short-term contracts or if you are self-employed and your income is irregular.

This type of mortgage is suitable only if the borrower has a disciplined approach. Types of flexible mortgage There are many different types of flexible mortgage – these can be categorised as follows:

Standard variable rate (SVR) mortgages Variable rates on flexible mortgages used to be prohibitively high, but many are now in line with non-flexible products and are even discounted. Tracker mortgages Tracker mortgages generally track the Bank of England base rate. Fixed-rate mortgages These have a fixed interest rate for a set period, after which the rate reverts to the SVR. Capped-rate mortgages With this type of mortgage, you pay the SVR up to a predetermined limit. Above that, your borrowing rate does not rise for a set period. Current account mortgages (CAMs) CAMs combine your home loan with your bank account.

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You pay interest at one rate, recalculated daily, on everything you borrow. All the money that comes into the account immediately reduces the total borrowing. If you would like to discuss the mortgage options available to you or would like to consider ways of reducing your existing mortgage borrowings, please e-mail or contact us to arrange a meeting or use our online advice service.

Ask yourself the question: "How long ago was it that I arranged my mortgage?" If the answer is "Years ago", now could be an excellent time to see if we can help you arrange a better deal. Obviously, you don't want to pay more for your mortgage than you have to! What it means to you Remortgaging means changing your mortgage contract, and usually your mortgage lender too.

All you're actually doing is changing the terms of your mortgage. You have to go through some of the same processes as you would if you were moving home, but it should be less stressful. If right for you, it is an ideal way to save money. The options You could opt for a fixed or capped rate if you're anxious to control your budget, or a discounted rate paying a reduced rate for a defined period to take advantage when interest rates fall. Cashbacks offer a lump sum if you need some extra cash, perhaps to carry out some home improvements or fund a family event.

Alternatively, you could plump for one of the new-style tracker mortgages, where the rate you pay is linked to the Bank of England base rate. Or you could consider a flexible mortgage, which offers you the ability to make regular or lump-sum overpayments, take a payment holiday, cut your repayments, reduce your repayment term and so on. With so many choices available to you, how do you decide which option to take? Your main consideration is the interest rate. If you are currently paying at your lender's standard variable rate, then most special offers, such as fixed, capped and discounted rates, will be able to offer you a cheaper rate.

Cost facts
Although you are not moving home, you will still have to pay for your legal costs, unless the lender offers to pay them as part of your new deal. Local searches are only valid for three months, so you'll probably have to get another one of those done, too. Your new lender is also likely to want a valuation carried out on your property.

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property investing
property refurbishment
buying overseas property
moving house
home letting
buy to let
home improvements

top 10 celebrity areas
6 up & comming areas
5 signs that an area is up & comming
city types yearn for the country in town
your place in the sun
equity release
planning permissions & extensions
estate agents
rent or buy
buy to let
mortgage overpayment
mortgage endowments
mortgage protection
stamp duty
self build your home
electrical surveys
the cost of moving in
the perfect neighbourhood
council tax
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good neighbours
stamp duty land tax
top 20 towns 2003
cut the cost of moving
interest rates
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first time buyers
the worth of uk homes
bad estate agents
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home improvements

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