Buying a property isn’t just about the right mortgage; it also involves solicitors, surveys and insurance. Surveying Before offering you a mortgage, your lender will instruct a survey to confirm the price you’re paying for the property is appropriate. The most common types of survey are: Basic Mortgage Valuation This is for the lender’s own […]
Types of Mortgages
Before you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs. Variable Rate Your monthly payment fluctuates in line with a standard variable rate (SVR) of interest, which is set by the lender. You probably won’t get penalised if you decide to change lenders and […]