Many UK homeowners are reading the headlines these days and coming away with a picture that is uglier than reality.  We hear things like “there is no money in the system”, “It is difficult to get loans and mortgages”, “the credit system is tied up” and similar statements.  While these statements may be true for [...]

Home equity loans, sometimes referred to as HEL, represent a type of loan that allows a borrower to use their home equity as collateral. The most common situations for the use of such loan options include medical bills, house repairs, college education and other situations of emergency when money is needed urgently. With home equity [...]