Interest only mortgages explained
24th Jan 2019
Interest only mortgages are homeowner loans where repayments only consist of interest charged on the total amount of capital borrowed. The Mortgage Market Review (MMR) of 2014 made changes to mortgage lending rules in response…
Posted in Mortgages
Read More Do you know your current mortgage rate? Is it a fixed or variable rate?
3rd Sep 2014
If your answer is ‘I’m not sure’ to either of these questions, then you may not know how a rise in the Bank of England Bank Rate (also known as the ‘Base Rate’) might affect…
Posted in Mortgages
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