http://www.brightlightequitymortgages.co.uk The simple guide to equity mortgages Sat, 27 Sep 2008 12:11:53 +0000 http://backend.userland.com/rss092 en With the extreme popularity of equity mortgages, it is easy to see that there are many advantages to this type of financial product. With so little responsibility and such easy terms, it is easy for those who are intending to sell as a remodel or purchase as a buy to ... http://www.brightlightequitymortgages.co.uk/equitymortgages/equity-mortgages-hoped-to-outperform-market/ Those who decided to purchase property overseas are finding it difficult to keep up with their equity mortgage. Falling values have led many into a situation of a negative equity mortgage and there are few places to turn for help at this time, until property values come back up. "This also ... http://www.brightlightequitymortgages.co.uk/equitymortgages/emigres-deal-with-equity-mortgages/ While in many cases, new equity mortgages appear to be on the decline, there does appear to be a trend where more people are getting into buy to let mortgages. This shift in the equity mortgage market may be caused by the upsurge in demand for rental properties. More people ... http://www.brightlightequitymortgages.co.uk/equitymortgages/more-interested-in-equity-mortgages/ As negative equity becomes an even bigger problem for many homeowners, they are finding it impossible to keep current on their equity mortgage payments. Experts are urging those in this situation to seek a refinance on their equity mortgage before it is too late and foreclosure proceedings begin. This is ... http://www.brightlightequitymortgages.co.uk/equitymortgages/equity-mortgages-forcing-many-into-default/ As home values continue to plummet, many seeking equity mortgages do not know where to turn. Right now, getting an equity mortgage may be impossible, especially for those that have lost tremendous value in their homes. Some experts are offering short term solutions for these homeowners. “Savings are the key,” said ... http://www.brightlightequitymortgages.co.uk/equitymortgages/experts-offer-equity-mortgage-advice/ It appears as though 1 in 7 Britons now has a negative equity mortgage, thanks to falling housing prices. This is creating quite a problem for those seeking to get a new equity mortgage, especially if they are not aware that their home value dropped that much. Although equity mortgages ... http://www.brightlightequitymortgages.co.uk/equitymortgages/negative-equity-mortgages-now-common/ As the housing crisis continues, many with equity mortgages are truly feeling the pain. Home values have fallen to the point where many equity mortgages are now worth more than the property they were taken out on. Many worry that problems with equity mortgages and other home loans may be ... http://www.brightlightequitymortgages.co.uk/equitymortgages/equity-mortgages-feeling-brunt-of-crisis/ The FBI is conducting a massive round up of those that may be involved with equity mortgage and other loan frauds in the United States. Several arrests have already been made and it appears as though several equity mortgage and loan companies may be in serious trouble as ... http://www.brightlightequitymortgages.co.uk/equitymortgages/equity-mortgage-fraud-investigated/ As some analysts predict that housing values could fall by 50%, consumers are increasingly concerned about negative equity. Right now, thanks to the housing crisis, it is nearly impossible to get an equity mortgage as banks try to limit their risks. Homeowners that already have an equity mortgage are finding ... http://www.brightlightequitymortgages.co.uk/equitymortgages/equity-mortgage-fears-continue/ For those sitting on a high value property, it has now become much harder to get an equity mortgage. This news is being blamed on falling home values, and for those with an existing equity mortgage, this may mean that the loans are now worth more than the actual property. ... http://www.brightlightequitymortgages.co.uk/equitymortgages/high-end-equity-mortgages-hit-hard/