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SHOULD YOU SPEND ENTIRE MONEY ON EVERYTHING THAT SATISFIES YOU?

  When you are in college or about to graduate, you often dream about earning money and living a lavish life. Watching movies and TV series also makes us wonder how we want our lives to be in the future. We are never satisfied with what we have now and always want more. It can be a better car, a big house, a better job, better furniture, better clothes, or shoes. If you start walking on the road where you spend money from your savings on whatever you feel like at that moment, trust me, there is no going back. Are we trying to tell you that spending your own hard-earned money is bad? Not at all, but not spending it wisely is not a great option. Sometimes a person starts using multiple credit cards to meet lavish expenditures and end up in credit card debts. As per the latest research, money is not the way to buy happiness in your life, and we couldn’t agree more. The question comes about how you should tackle your money to lead a more productive life: Ü   Start making a luxury bud
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How to Get The Best Mortgage Rate Possible

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The rate of interest dominatingly affects the total cost of the mortgage ; this is why the prime struggle is to get a lower price. It is necessary to squeeze the size of the monthly instalments to make them fit in the monthly budget. But the question is, how to get the desirable rates? Well, several ways may help you get the best possible rates on a mortgage. Your stronger finances are the key to best rates Yes, this is true. We keep wandering here and there begging to lenders and arguing on the silly things to get a lower rate. But the prime power lies in our financial conditions. A significant amount of monthly salary, perfect debt-to-income ratio, credit score, registration on electoral roll etc. are your pillars. If you have a stable financial condition, nothing can be better than this. Lenders are always flexible for promising customers. Also, the available choices increase considerably in number. Stability gives you the strength to negotiate on the rate quote. T
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Location: Manchester, UK
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How to safeguard your credit score during coronavirus?

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Nowadays, everything needs a protection layer against coronavirus. The height of threat is that not only your body but also your credit score needs preventive measures. As many financial lives are at stake due to lost jobs during the corona chaos, credit rating falls drastically. It is necessary to work on the ways that can keep your credit score and in turn, your personal finances in good condition. Indeed, it is difficult, as the money problems are there but to have a safe future, you need to work hard.   Add a consumer statement to your credit report Very few people know about this tactic, but it is instrumental. A consumer statement is a mention by a person on his/her credit report about a situational cause that is affecting finances. You can add a statement to your credit report in which you will mention, ‘I am affected by the coronavirus pandemic and facing financial issues.’ With more or fewer changes in the language, you can mention your situation in the stateme
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How a self-employed can ensure a faster approach to mortgage approval

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Talk about a mortgage with ‘self-employed’ as the employment status and you are surrounded by varied issues. It is never considered secure for the self-employed to get a mortgage. There are several constraints that pop-up against the rules of normalcy. You can count the types of problems you face as an applicant The lenders fail to understand the nature of business The source of income may not be considered reliable by the mortgage provider The ups and downs in the monthly profit of business create doubt on the income stability The current lockdown situation due to corona has made the situation even worst Around 71% of self-employed mortgage applicants believe that it is complicated to get approval The above reasons clarify that why so many people find it difficult to borrow money for property buying. How to overcome the issues? Now the question that arises is how to tame the situation and get approved for a property loan. Through several ways, it is possible t
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Location: Manchester, UK
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3 Major Facts Behind The Fiction Of Guaranteed Bad Credit Mortgages

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With quite an enchanting and attractive image, guaranteed bad credit mortgages in the UK  always become the magnet for the borrowers from mortgage brokers like Shinemortgages.co.uk . They are still on demand because they look like the last-minute saviours for those who ever get denials. Yes, the bad credit score people. A mortgage is a big size loan, and for a person with poor credit score performance, it already sounds unachievable. What makes the property market offer a guaranteed approval thing on the bad credit mortgage? It is essential to know how things work . 1.      No lender has the rights to offer a guaranteed approval Few things are for only promotional purposes to catch the attention of the borrowers. Let us all confront reality. The lending market is restricted in many rules made by the regulatory authorities. Technically and ethically, no lender can ever offer guaranteed approval . Especially when it is about the applicants with imperfect payment record
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Do You Know How to Get a Mortgage without a Deposit?

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A mortgage and that too without a deposit?? Sounds impossible right? But something that is so much popular carries some part of reality. Same is the case with the mortgage without a deposit. However, it would be best if you do not forget that this situation demands consideration of some fundamental aspects. They are surely uncompromised in importance. What exactly lies behind the concept of mortgage with no deposit? There are two significant conditions through which you can borrow without any advance payment on a property. If the applicant can facilitate that, approval can happen. Situation 1# Savings account of the guarantor gets sealed for a particular time As guarantor is a vital obligation, it has one more important role than just backing your application in case of the loan without a down payment. The guarantor needs to keep his savings account in the authority of the lender with a 5% amount of property value in it. For example – You want to buy a house
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Location: Manchester, UK
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4 Foremost Things to Know About Mortgage Brokers

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Mortgage brokers are an unavoidable part of the real estate industry. However, their selection is a tough task for any borrower . By knowing them deeply, it is possible to make the right decision on them. Even if you are not buying a property, it is best to stay informed for future use. There are 5 most important things about the brokers you should keep in your knowledge. 1) Mortgage brokers paid by the lenders are safer to hire There is no clash on the method through which the brokers get paid. However, usually, the lenders pay them. It is considered the best way, especially for the borrowers who keep a negative image of them due to the brokerage factor. The advertisements that mention  fee-free mortgage broker  online in the UK denote the same message, which means that the borrower is not required to pay anything.   Such brokers are considered genuine. 2) Brokers are different from loan officers It is crucial information. There is a prevalent confusion on the two
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Location: Manchester, UK
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