With UK interest rates now on what is looking like a steady but lengthy upward trend, many homeowners and first time buyers are wondering whether they might be better off looking at a longer-term fixed rate deal. For instance, quite a few mainstream lenders now offer 10 year fixed rate mortgages, with both Halifax and Lloyds being the most recent lenders to enter the space. But what are the potential pros and cons of taking on a 10 year fixed rate mortgage?

Mortgage Brokers managed to get themselves a bad name during the economic crisis and with good reason. During the years of the mortgage boom, many mortgage brokers entered the market who really had no care for the clients they were supposed to be representing. This lack of care eventually led to the sub prime and credit crisis of 2007-08.

With the number of people in the UK on a zero hour contract approaching 1 million – according to recent figures from the Office of National Statistics – it is no surprise that the availability of mortgages for people engaging in this type of work is becoming more and more important. So, is it possible to get a mortgage if you are on a zero hours contract and is it an easy process?

When most people decide that they want to buy a house, the first thing that they do is head down to their local bank where they hold their current account to check if they are eligible to take out a mortgage. While this might seem like the most sensible thing to do, it might not be the wisest.

You could be forgiven for thinking that there aren’t many financial sectors left which have yet to be shaken up by the technology revolution. From selling your home online to peer-to-peer lending, the internet has massively changed the way we manage our finances and many people would say for the better.