We understand mortgages can be a confusing topic. If you're a first-time buyer, it's important you have a clear understanding of mortgages and your options before you buy your first home.
If you have been furloughed and are currently on the government Job Retention Scheme, you may understandably be slightly worried about how this may affect your mortgage application.
Whether or not you are able to take out a mortgage depends on your ability to repay the loan, or rather, your lender’s confidence in your ability to repay.
When repaying your mortgage, there may be one solution that is better for you than others. There are three different ways you can arrange repayment of a mortgage, with each varying on the way in which repayments and interest is structured.
When taking out a new mortgage, or even remortgaging, you will need to answer questions and provide information about your finances. Here’s what you can expect…
