Actual for You - Real Estate

IP GEO Location - A Safe and Forward Thinking Idea
Sophisticated or not, IP geo location technologies give web operators the possibility to discover the location of abusive users around the Globe and apply national or international laws on them. The virtual world of the Internet offers freedom to the users more than the offline world. The reason why so many laws are broken with the help of the Internet is that people get caught less online. Authenticity, fraud, copyrights and so many more c

for the money.

Whilst most of the lenders who charge HLC's will readily agree to add the charge to your mortgage, that's little consolation. In any case this means that you'll end up paying interest on top of the charge. Then, over a 25-year term, your HLC will have cost you closer to ?2,700!

In our opinion HLC's should have died out with the dinosaurs. If a

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After you scraped together a modest deposit for your new home you may think you're home and dry. Think again. On top of there's the surveyors and solicitors to pay. Then the government want a slice. You've got to pay stamp duty at 1% of the property's price (if the house costs more than ?250,000 the rate of stamp duty increases – see the information at the foot of this article). Phew! You're lucky you'll just make it – you'll be a homeowner at last!

Then out of the blue the mortgage lender sends you a new bill – another ?1,500 please Sir. They've called it a Higher lending Charge (HLC) and it's charged if you borrow more than 90% of the value of the house. About 75% of all mortgage lenders charge it and ?1,500 is about the average they ask for.

And guess what – they money you pay won't benefit you in any way whatsoever! Not one jot. You're being charged for a form of protection insurance that protects the mortgage lender, not you. The HLC pays the lender if you default on your mortgage, your property has to be repossessed and the sale proceeds are less than the outstanding balance on your mortgage. In theory the HLC then pays out the shortfall to the lender but in practice many lenders carry the risk themselves so the HLC is just an extra fee to offset a higher lending risk.

But an HLC doesn't let you off the hook! If your home is repossessed and there's a shortfall, you still have to pay the shortfall back to your lender - they're sure to chase you for the money.

In our opinion HLC's should have died out with the dinosaurs. If a l

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rticle). Phew! You're lucky you'll just make it – you'll be a homeowner at last!

But an HLC doesn't let you off the hook! If your home is repossessed and there's a shortfall, you still have to pay the shortfall back to your lender - they're sure to chase you for the money.

In our opinion HLC's should have died out with the dinosaurs. If a

Home Buying Tip: 7 Key Questions to Ask a Home Inspector
This home buying tip will help you ask the right questions when researching home inspectors.A proper home inspection will give you the comfort of knowing your new home has been checked for breakage, disrepair and other problems.But it all starts with choosing a professional home inspector who can give your home the thorough review it needs. So don't be afraid to ask plenty of questions when choosing a home inspector. He

they ask for.

But an HLC doesn't let you off the hook! If your home is repossessed and there's a shortfall, you still have to pay the shortfall back to your lender - they're sure to chase you for the money.

In our opinion HLC's should have died out with the dinosaurs. If a

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ortgage. In theory the HLC then pays out the shortfall to the lender but in practice many lenders carry the risk themselves so the HLC is just an extra fee to offset a higher lending risk.

But an HLC doesn't let you off the hook! If your home is repossessed and there's a shortfall, you still have to pay the shortfall back to your lender - they're sure to chase you for the money.

In our opinion HLC's should have died out with the dinosaurs. If a

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Networking can be a challenge for some people because they either don’t understand it or they don’t feel the need to participate. People have their own perceptions about the value of networking and when they should network.For some people, networking is only important when a need arises (such as a new job or a product to sell). People with this attitude fail to realize that networking is a process over time. If done effectively, thei

for the money.

In our opinion HLC's should have died out with the dinosaurs. If a lender is worried you'll default, they shouldn't have lent the money in the first place. And with all today's hi-tec credit checks and the risk based assessments used to process your application, you'd think the lenders were doing enough to protect themselves. In any case you may also end up paying a small interest premium for a 90% plus mortgage – so in practice you're being charged twice for the same risk!

The Nationwide Building Society, who incidentally do not charge HLC's, recently reported that during the last five years ?1 billion has been charged in HLC's by some 800,000 borrowers. It also found that just over 500,000 were first time buyers – largely youngsters struggling to buy a home. We believe that HLC's are just another money making ploy for the mortgage lenders. By the way, the Higher Lending Charge used to be called a Mortgage Indemnity Guarantee, but they are all the same - only the name is different!

We think it's time for the Office of Fair Trading to open up the box and take a look inside in the same way as they did with credit cards. The OFT recently ordered many credit cards to reduce their charges by up to 40%. A bit of that magic would do wonders for Higher Lending Charges!

Current Stamp Duty rates on house purchases in the UK

Houses under ?125,000 No Stamp Duty

Houses ?125,000 to ?249,995* 1%
Houses ?250,000 to ?499,995* 3%
Houses over ?500,000 4%

*HM Inland Revenue rounds up house prices to the ne

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So many people are concerned with lowering their TCIR number or simply meeting their safety goals that they loose sight of the issue of actually making the workplace safer. Here are 7 tips that will help lower your numbers.

With the current economic crises prevailing around us, it is not surprising to hear of companies that are shutting down or workers being layed off of their jobs. People are in constant worry of the possible downturns that may occur, be it in their careers, businesses, or investments, and so they recognize the importance of ‘not putting their eggs in one basket’ by venturing in multiple streams of income.

There are advertisements everywhere these days from companies begging to loan you money. Get a fast cash loan with no questions asked.

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