Mortgage News

Are you a First Time Home Buyer? – Check the Most Helpful Tips to get Your Dream House All of us have an idea about our dream house and often want the place to be comfortable, cosy and relaxing. We have the mental picture of the design and the feel of the home, but buying […]

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Content in this article What is a remortgage? What is the difference between a remortgage and a loan? What is the difference between a loan and a secured loan? What happens if I take out a personal loan and default on the payments? What happens if I take out a secured loan and default on […]

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Content in this article The Benefits Of Having Life Insurance What Is Mortgage Life Insurance In The UK? How Does Mortgage Life Insurance Work? Do You Need Mortgage Life Insurance? What Life Insurance Do I Need For A Mortgage? How Much Does Mortgage Life Insurance Cost? Choose The Right Cover For Your Needs Thinking about […]

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If you’re looking for information about your current mortgage or what you might be able to borrow, you may be looking for a calculator to help you find out that information. There are many different types of calculator and it can get confusing as to which does what – here’s a quick guide. Mortgage Base […]

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For Example, The property is located in London and its price is £500,000. Cash Deposit is £25,000 You can get a mortgage loan up to 40% against the equity in London. Total loan you can get would be £200,000 and mortgage requirement would be £275,000 Your mortgage loan eligibility also depends on your annual income. […]

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For Example, Repayment Interest only If you take £100,000 as a mortgage loan for 25 years at 3% interest rate, your monthly repayment would be £474.21 and total interest you will pay will be £42,263.39. If you take £100,000 as a mortgage loan for 25 years at 3% interest rate and choose to pay interest […]

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