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Mortgage Refinancing Help

Mortgage Refinancing Help: United Kingdom

Lenders like pristine credit reports. If you have a bunch of open credit card accounts that you never use (and who doesn't?), consider closing them. It will boost your credit score and make you a much more attractive borrower to a lender. Then, a month after you've closed your accounts, go over your credit report with a fine-tooth comb. It should read that the accounts were closed at your request. (You don't want lenders to think someone cut you off and that you're a bad credit risk.)

 

 
           
Mortgage Refinancing Help : Business: Financial Services: Banking Services: Banks and Institutions: Associations : United Kingdom (27)

 

 

 

Mortgage Refinancing TipIf you plan on moving out of your existing home within the next few years, it may not be beneficial for you to refinance. Make sure you let your mortgage specialist know your future plans.


Mortgage Refinancing Help: United Kingdom ()

See also:


 
Wholesale Markets BrokersWholesale Markets Brokers' Association »
Provides details of SONIA (Sterling Over-Night Interbank Average), and also of EURONIA, both of which are used in OIS (Overnight Index Swaps).
 
Jersey Bankers AssociationJersey Bankers Association »
List of committee members, links to member banks, and a diary of meetings.
 
Association of Friendly SocietiesAssociation of Friendly Societies »
Trade association for UK's mutually owned friendly societies.
 
Financial Markets Law CommitteeFinancial Markets Law Committee »
Identifies issues of legal uncertainty in wholesale financial markets which might give rise to material risks. Also acts as a bridge to the judiciary.
 
Building Societies Members AssociationBuilding Societies Members Association »
Since 1982 representing the interests of all building society members, being concerned for genuine mutuality and democracy in the running of building societies.
 
Restore UKRestore UK »
Agency of the British Bankers' Association that handles claims relating to accounts frozen under World War II legislation.
 
Council of Mortgage LendersCouncil of Mortgage Lenders »
The trade association for mortgage lenders in the UK. Policy submissions and responses, and other press releases.
 
Joint Money Laundering Steering GroupJoint Money Laundering Steering Group »
Service provided by the British Bankers' Association on behalf of JMLSG and containing important information about countering money laundering.
 
International Financial Services LondonInternational Financial Services London »
IFSL promotes the international activities of UK-based financial institutions and professional and business services. Includes analysis and statistics on financial services.
 
Guernsey - Association of Guernsey BanksGuernsey - Association of Guernsey Banks »
Association of Guernsey Banks - List of committee members, contact details, and news about various matters including the OECD harmful tax practices initiative.
 
British Cheque Cashers AssociationBritish Cheque Cashers Association »
The trade association of the cheque cashing industry in the UK, providing representation for its members to the government and to regulatory bodies in London and Brussels.
 
Committee of Scottish Clearing BankersCommittee of Scottish Clearing Bankers »
The representative body of the four Scottish clearing banks: Bank of Scotland; Royal Bank of Scotland; Clydesdale Bank; and Lloyds TSB Scotland.
 
Arab Bankers AssociationArab Bankers Association »
Develops ties between Arab finance professionals working in the UK and elsewhere.
 
The London Gold Market FixingThe London Gold Market Fixing »
Includes a detailed history of the fixing, and of the five firms participating in it. Also has most recent fixes, and charts.
 
Isle of Man Bankers AssociationIsle of Man Bankers Association »
Representing the interests of banking licence holders on the Isle of Man; providing a forum to discuss issues from regulation to new technology.
 
Scottish Clearing BanksScottish Clearing Banks »
The Committee of Scottish Clearing Bankers, which is the representative body of the four Scottish clearing banks. History of banking in Scotland and aspects of Scottish banknotes.
 
Chartered Institute of Bankers in ScotlandChartered Institute of Bankers in Scotland »
Provider of banking professional qualifications to the banking and financial services sector.
 
The Guild of International BankersThe Guild of International Bankers »
Combining the traditions of the City Livery Companies with a modern outlook on the financial services sector.
 
Turkish Bankers Association - UKTurkish Bankers Association - UK »
UK - Brings together Turkish nationals working in banking in the United Kingdom. Includes career vacancies, and pictures of the annual ball.
 
Building Societies AssociationBuilding Societies Association »
List of member building societies, back copies of the annual newsletter, and various press releases.
 
London Bullion Market AssociationLondon Bullion Market Association »
Association of banks, fabricators, refiners, shippers and brokers involved in precious metals trading in London.
 
British BankersBritish Bankers' Association »
Details of the definition of the London Inter-Bank Offered Rate (Libor), the composition of the BBA Libor panels, recent and historical fixings of Libor in GBP, USD, EUR, JPY, CHF, AUD, CAD, DKK, NZD, and former national currency units, and the BBA Sterling General Collateral fixing. Also other information about the wholesale financial markets, and standard policies for retail and corporate accounts.
 
Finance and Leasing AssociationFinance and Leasing Association »
The Finance and Leasing Association is the industry body for the asset finance, consumer finance and motor finance sectors.
 
Association of British Credit UnionsAssociation of British Credit Unions »
Trade association for credit unions, financial co-operatives owned and controlled by the members.
 
London Platinum and Palladium MarketLondon Platinum and Palladium Market »
Has information on the XPT and XPD fixings, on the good delivery specification, and on usual market practice.
 
Banking Code Standards BoardBanking Code Standards Board »
Ensures that the Banking Code and the Business Banking Code deliver their promises of fair dealing and standards of good banking practice to the customers of UK banks and building societies.
 
Gibraltar BankersGibraltar Bankers' Association »
Includes links to members and a guide for clients opening accounts in Gibraltar.

 


 
      


Mortgage Refinancing TipIf there is a big difference between the initial interest rate and the APR listed in the ad, it may mean that there are high fees associated with the loan.
 

Mortgage Refinancing TipIf you are planning to stay in your home for several years, then you can save money by paying points for lower interest rates. You pay up front fees to ensure you have lower interest payments over the course of your loan. Remember, this only works if you keep your mortgage for several months.
 

Mortgage Refinancing TipAsk for more than just rates. Bad loan officers will tell you anything to keep you on the phone -- then change the details to suit them later. Instead, make them get real with you! Ask how long they've been in the industry. Probe them about their experience in the industry. Also, ask what their opinion is on the current market and where it's going.
 

Mortgage Refinancing TipIf there are only a few years left on your current loan, it's no use refinancing with a long term loan. You may need extra cash but with a long term loan, you'll end up paying more for the entire loan term.
 

   

   


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