Mortgages

Property for sale signs

Buying a house is the biggest financial decision most people make. Unless you are buying with cash, a mortgage is unavoidable. Picking the right one is crucial to ensuring it's not also unnecessarily expensive.

Recent articles (3)

Why rate cuts won't help you

(14 November 08)

If you think the recent interest-rate cuts will mean paying less for your borrowing, think again, says Tim Bennett. Banks are far too busy repairing their profit margins to help their customers out.

Why interest-rate cuts won't affect your mortgage

(11 November 08)

Interest rates are now lower than they have been for decades, which sounds like good news. But when it comes to mortgages, personal debt and credit cards, the base rate makes practically no difference at all, says Merryn Somerset Webb. We're still paying through the nose.

Why your mortgage won't get any cheaper

(15 October 08)

Despite a cut in official interest rates, your mortgage isn't likely to get much cheaper while banks remain cautious about lending. But the banking crisis does have one silver lining: people are finally waking up to the fact that they need to take control of their own finances.