http://www.brightlightequityloan.co.uk The simple guide to equity loans Sat, 27 Sep 2008 12:11:33 +0000 http://backend.userland.com/rss092 en With so much focus on equity loans and the ability to pull money out of your home, it can be a good idea to take a moment to look at the overall cost of your home and the value in comparison to its modern-day replacement. With the volatility of the ... http://www.brightlightequityloan.co.uk/equityloans/equity-loans-in-a-market-of-high-volatility-is-essentially-gambling/ As the economic picture worsens, many homeowners are turning to equity loans as a means of staying afloat. However, falling home values have put a crimp in many of these plans, and now, instead of being able to get an equity loan, many are finding that they actually owe more ... http://www.brightlightequityloan.co.uk/equityloans/many-looking-to-equity-loans-for-help/ Although the news on equity loans has been bad throughout the UK, it appears as though Scotland has been able to weather the storm to this point. There are much fewer defaults on equity loans in Scotland and property prices have not fallen quite as much as other values around ... http://www.brightlightequityloan.co.uk/equityloans/scottish-equity-loans-hang-tough/ As homeowners struggle to make ends meet, it appears as though more of them are now seeking equity loans in hopes of paying their bills. However, as housing values drop, this may create a problem for those with outstanding equity loans. In addition, homeowners may not be able to get ... http://www.brightlightequityloan.co.uk/equityloans/equity-loans-growing-in-popularity/ The amount of equity loan applications is still going down, as falling home values and changing LTV ratios continue to affect consumers. Less people are seeking equity loans and those that do are finding it difficult to get an approval. The equity loan issue is affecting many segments of the ... http://www.brightlightequityloan.co.uk/equityloans/equity-loans-dwindling/ Consumers that are losing equity in their homes are now considering whether or not a refinance is a good idea. For those in need of an equity loan, the options are small and many are deciding that it is best to stick with their original loan, rather than risk losing ... http://www.brightlightequityloan.co.uk/equityloans/many-seeking-new-equity-loan-options/ As officials start to crack down on deceptive lending practices, consumers may get an edge when it comes to getting the truth about equity loans. Although there are many misconceptions out there, many consumers have been defrauded with bad equity loans, and have ended up homeless as a result. These ... http://www.brightlightequityloan.co.uk/equityloans/equity-loan-rules-may-be-on-the-way/ As property value continue to plummet, many are regretting the equity loan that came with their house. The prevalence of the 125% mortgage convinced many that an equity loan was a good thing, but now that values on homes have dropped, consumers are now left with no equity at all. ... http://www.brightlightequityloan.co.uk/equityloans/equity-loan-problems-continue/ As housing values continue to fall, the availability of equity loans is also falling. Homeowners trying to improve their houses, or get money to pay off debts are finding it increasingly difficult, if not impossible to get an equity loan. Banks are simply not willing to risk offering equity loans ... http://www.brightlightequityloan.co.uk/equityloans/equity-loans-continue-downward-slide/ As fears of negative equity sweep across the UK, consumers are finding it increasingly difficult to get an equity loan. Falling property values have left many consumers stranded and the banks that had offered them equity loans have little recourse if the loan goes into default. Although many had hoped ... http://www.brightlightequityloan.co.uk/equityloans/equity-loan-rates-going-up/