Repayment Mortgages
A repayment mortgage is a mortgage home loan, according to the terms of which, the borrower returns part of the principal as well as the interest accrued in his/her monthly payments.
Offset Mortgages – Advantages and Disadvantages
The UK mortgage market offers a wide range of mortgage products to homeowners. Offset mortgages, which were born in Australia, have become very successful in the UK.
What is a Portable Mortgage?
As the name indicates, a Portable Mortgage is mortgage than can be moved from one property to another.
Pros and Cons of a Non Status Mortgage
If you are self employed and have a fluctuating income or get you income from different sources, a Non Status Mortgage may be the best loan option for you.
Mortgage Securitization Explained
Mortgage securitization is yet another term in the mortgage market that can confuse mortgage shoppers no end.
Contents of a Monthly Mortgage Payment
Few of us can afford to purchase a house with our meagre savings; but most of us can afford to take out a mortgage loan to purchase our dream homes.
Mortgage Insurance – Types and Benefits
Taking mortgage insurance is an inevitable aspect of taking out a mortgage home loan. There are many insurance products associated with taking out a mortgage loan such as life insurance, building insurance, mortgage payment protection insurance (MPPI), and many others.
Why Take Interest Only Mortgages?
An interest only mortgage is a type of mortgage that allows borrowers to pay only the interest accrued on the loan for a specific period of time.
Benefits of a Flexible Mortgage
A Flexible Mortgage is one of the healthiest mortgages that you can take out on your property as it allows the mortgage holder to make an overpayment and thereby save money by cutting down his interest rate.
Advantages and Disadvantages of Fixed Rate Mortgages
Fixed rate mortgages are one of the innumerable varieties of mortgages found in the UK mortgage market.