Most lenders offer new customers a discount on the standard variable rate they offer. The discounted rate will be valid for a set period and will fluctuate in the same manner as standard variable rates. After the agreed set period, the interest rate will revert back to the lender’s standard variable rate. read more

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Things to be aware of:

A property doesn’t become yours until you’ve paid the whole mortgage off. It may sound obvious, but it’s important to bear this in mind when choosing a mortgage. If you can’t keep up with your repayments, your home could be repossessed. read more

Filed under: Category mortgage info | Tags: deposit,exit penalties,legal expenses,property valuation by admin
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