House prices in June '6.3% down on last year'
Average house prices last month were 6.3 per cent lower
Brits expect small drop in house prices
Almost three-quarters of people believe house prices will fall in
First-time buyers face bigger deposits
First-time buyers are now having to stump up bigger deposits
Fixed-rates "still" popular
New research has revealed that fixed-rate mortgages continue to be
First-time buyers "struggling" to get mortgages
People looking to secure funding to get onto the property
Consumers 'no longer king' in mortgage market
The mortgage market has completely changed over the last year
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Repayment mortgages are when you pay a piece of the loan and interest in the repayments you make. Meanwhile, as the title suggests, interest only mortgages you will pay only the interest part of the loan, leaving you owing the initial loan sum in full. Read the article on ‘endowment mortgages’, a type of interest only mortgage.
With a rising housing market interest only mortgages have grown in popularity over the last few years, causing great concern among industry experts. Read more about mortgage types in our introduction to mortgages article.To begin your search of mortgages or remortgages, complete our mortgage application form and we will search the market for you. First time buyers, bad credit history, ccjs are all welcome to apply also. Even with a bad credit history it is still possible to get a mortgage or re-mortgage by using our search form.
What Is A Mortgage?
A house is probably the most expensive thing you will ever buy. Today, the
average property in the UK costs approximately £195,000. Taking out a loan
to cover this kind of sum is not something that should be done without a
great deal of thought and consideration........
Endowment Mortgages UK - What Are They?
Buying a house is the most expensive purchase you will ever make in your
life. In the UK we are a nation of house buyers. In other countries they are
quite happy renting property. Here, it's our great history of land-owning
that we can thank for the biggest millstone most of us carry for decades!
There are many different types of mortgage than can be used to pay for a
property and like most things they are subject to fashion. The endowment
mortgage is one such product that has fallen out of favour and become
unfashionable, why?.....
Mortgage Types