Blog about Loans

smaller homes investment tips in UK Property investment in UK is moving to another level with rises in rates in property around the globe. The homes bought today for investments are moving from large houses and properties towards a smaller  versions of flats. Golden Rules for investment in property in UK 1) Do not invest all your money in one property. Divide into  many properties at different places, countries, locations. 2) Always remember UK currency is in dollars and if you are a person from another country you will always have to convert the currency and calculate costs and purchase amounts accordingly. 3) Infra structure is very important for homes bought for investment.  You need to get renters  you must supply necessities at least. 4) The money amount you will invest in buying a property or flat will   be proportionate to the returns you get.In UK places in different areas cost at different rate per square foot. 5) It is not over with one time payme...

Availability of Budget Homes  NRI Investing in Property here in India , this is the best time with so many affordable and reputed constructions going in full swing. Helpful Simple Tips for the NRIs before you invest in Property 1)Location, address. The price of the property will totally depend upon the are you choose. A place in the mid city with good infrastructure will be more than the place on the outskirts of the city or suburbs.  Every area has its own rate per square feet, and this will depend upon your budget for investment. In case you or your family wish to stay here for vacations trips it is better to opt for places near the airport or in vicinity of good transport.  2)  Price Factors an NRI would consider before investing is just that even though you may have a budget fixed approximately for purchasing property for investment  it would be better if you finalize the use of this property while selecting to buy. Is is going to be kept locked, are you goi...

Search Effectively e property Web Portals in UK How to use online property websites in UK , how to maximize benefit from online   property   websites when you are flooded with so many offers and sites e-portals of estate agents and property dealers become one challenge. Aren’t there some simple steps that you can follow in the UK and spend less time on the net    and find the right place with the best deal. While you begin surfing house hunting online many times it may happen you come back dry even after searching for   hours and days about properties available in the UK , so many portals and property sites. Why does this happen when there is so much information available online? Because there is a right way and the wrong way while searching the internet for any information about UK Properties.   While Google does keep prompting you to various options you need to be focused while surfing the net for information on home buying and selling. The best way to ...

NRI investment options are vast and as we know the first step for buying any property or investing in a home by home loan , would be to open an account in a reputed bank for any financial dealings it is best that your bank is able to supply all the information and guidance required by NRI here and also in UK. One of the major criteria for any home loan by an NRI it is of priority hat they have an account in a bank that connects here in India as well as has branched in other foreign countries. ICICI bank a universally accepted reputed finance option for NRIs   has great offers for loan and an NRI when fulfilling certain criteria can avail to these financial loan options easily. What more can we   ask for the bank allows customers to open accounts in multiple currencies, be it USD, GBP, EUR, JPY, CAD and AUD. So from Great Britain Pound to US Dollars to Australian dollars there are no hassles in currency matters. Another advantage here is that every time the renewal there is au...

What are interest only home loans.   ‘Interest only home loans’ means that the borrower ends up paying only the interest for some years and then the principle amount is added later for years.  This has risen as a better option for many who are not in position to pay large amounts as EMI’s in present years. Usually for homes bought in construction phase, you keep paying small amounts of interest. In this type of offer the lender gives money to the borrower and the purchase deed is completed. The borrower becomes the owner of the house. Every month he has to pay a small amount that is interest to the principle amount (loan amount). During later years, as    the construction progresses and the housing complex is ready   he has to pay the interest along with large sums of the principle amount. This option may be good for individuals who are highly qualified and have a new job and they know that over the years their salary is going to increase with their experience....

House Hunting Home surfing online E Portals House hunting home surfing is not like it was a few years back. While people used to spend their Sundays, their only vacation day in the week on finding , searching for flats, homes. Now when anyone wants to buy   a property, flat or   house they just need to sit in the comforts of their home   and search the net. Home surfing   has become the new search   listing in Google search. Not only do people visit various websites of reputed builders to hunt for home in latest projects but now with many online   property portals one can easily surf, search, locate and buy a new property or house very easily. With so many websites of individual property builders and housing finance companies home loans have also become easily accessible and one can compare and go for the best deal in home loan. As also we get to compare different properties, their amenities provided as well as any offers concessions on purchase of houses....