The Thames gateway is regarded as being as one of the government’s solution to the housing crisis in the South East. They are looking to build 120′000 homes and create 180′000 jobs by 2016 in one of the biggest growth initiatives in the UK.    

Gordon Brown has unveiled plans to investment £9 billion in the Thames Gateway project. The Prime Minister Mr Brown has said that the money will be used to fund infrastructure such as transport, education and new homes. The properties at the Thames gateway will need funding with mortgages.

“The Thames Gateway is about housing but it is more than a housing project. It’s about transport but it is more than a transport project,” said the prime minister.

“It is a historic endeavour to bring so many people of determination and initiative together to create one of the most vibrant and successful areas in the world,” Mr Brown added.

The government plans to build three million new homes by 2020 in an effort to meet the demand for housing. Will investors try to get in on the act and try and buy properties in the Thames gateway with buy to let mortgages?

Looking for a 100% mortgage. Every one wants the best mortgage deal at the best rates available. Fixed 100% mortgages deals help individuals become financially stable. Tracker 100% mortgages offer borrowers the chance of having a reduced payment if the lender drops the rate in line with any decreases that the Bank of England make.

If you want to borrow above the property value, here are some of the 100% mortgages deals available.

Birmingham Midshires are currently offering a Tracker at 6.74% a 2 year fixed rate at 6.99% and a 5 year deal at 6.69% they all come with a £1995 arrangement fee.

If you want to borrow just up to the property value, here are some of the 100% mortgages deals available.

Cheltenham & Gloucester are currently offering a tracker at 6.18% and a 3 year fixed rate at 6.18 they both have a £2750 arrangement fee. The Mortgage Works have a 5 year fixed rate with a £499 arrangement fee.

100% mortgages are currently very hard to secure due to lenders increasing the credit score you need to get the amount you require to purchase a house at today’s values.

Looking to remortgage your council house.  Are you looking for a council house remortgage which suits your needs?  Every one wants a cheap council house remortgage deal at the best rates available. 

Cheap council house remortgage rates enable a borrower the following benefits, Low interest rates, easy repayment options. Remortgage loans replace the existing council house mortgage with a new one from either the same lender or a new lending company. It helps to reduce monthly payments and release home equity. Competitive council house remortgage deals help individuals become financially stable.

Getting a cheap council house remortgage could be a way of reducing your monthly outgoings or freeing up equity in your property for other expenses.  Many lenders are now offering more competitive interest rates to attract new business, and switching lenders can be easier than you might expect.

Please note that once a property has been sold under a Right to Buy purchase program, the local Council will no longer retain the title deeds, and these will be passed across to the mortgage lender. If you remortgage your council house within the first 3 years you will not be able to increase the amount you borrow, unless it’s for additional home improvements. You must obtain quotes and get the additional borrowing agreed by the local authority.

Are you looking for cheap remortgages which suit your needs?  Every one wants a cheap remortgage deals at very favourable rates. These mortgages will help you meet any of your needs like investing in first property as a first time buyer or a seasoned developer who needs to remortgage some of their existing portfolio.

Cheap remortgage rates enable a borrower the following benefits, Low interest rates, easy repayment options. Remortgage loans replace the existing mortgage with a new one from either the same lender or a new lending company. It helps to reduce monthly payments and release home equity. Cheap remortgage deals help individuals become financially stable.

Getting a cheap remortgage could be a way of reducing your monthly outgoings or freeing up equity in your property for other expenses.  Many lenders are now offering more competitive interest rates to attract new business, and switching lenders can be easier than you might expect.

Almost half a million UK homeowners have failed to meet a monthly mortgage repayment in the last six months. This is going to be a huge problem for the next couple of years for anyone who has a poor credit mortgage deal, or has risked taking on a low rate mortgage and will now be facing a mortgage rate hike. 

Anyone who found themselves unable to pay their mortgage to should take action immediately and discuss their options with the lender as soon as possible.

According to recent research by MoneyExpert, this found that since July last year around 463,000 people have missed mortgage payments. The personal finance website said that those aged between 25 and 34 were the most likely to have missed payments.

Sean Gardner, chief executive of MoneyExpert, commented: “Missing a mortgage payment doesn’t incur an automatic charge like failing to pay your credit card bill. But it is a sign of real distress as keeping a roof over your head should be the priority for most of us.”

The website cited the “difficult festive period” as a possible cause of many missed mortgage payments. Lenders have a duty to help people with missed mortgage payments and will usually only take serious action after 3 missed mortgage payments.