How to find your dream mortgage

Article Abstract:

It can be very difficult to choose the right mortgage from the very wide range now available in the UK. The traditional repayment mortgage is suitable for most people, but is less flexible than interest-only home loans, which can be transferred when you move house. Other alternatives include pension mortgages, where the borrowed capital is repaid out of the 25% of your accumulated pension fund that is permitted to be taken out tax-free in cash on retirement, and with profits endowments, where premiums are paid into a life assurance plan.

---

Market forces come good

Article Abstract:

The UK's building societies and banks have a great deal of money to lend, and this could prompt them to compete fiercely for mortgage business. This will in turn benefit those seeking a mortgage. Variable loans are currently very popular, especially if it is possible to obtain a discount for the first two or three years. Fixed-rate mortgages are more suitable for those who wish to be sure of the level of their repayments throughout the mortgage period.

---

Similar abstracts:

• Abstracts: Steps to turn your dream into a reality. Make sense of the computer conundrum. Now's the time to get mobile
• Abstracts: A loan for all seasons. Mortgage options for single people
• Abstracts: How to get them knocking at your door - minus the estate agent. part 2 The day I sold a haunted house ...
• Abstracts: Cookies that tell the world your fortune. Small but perfectly informed. With microtransactions, every little helps
• Abstracts: Ten killed on Jakarta's streets of rage. Suharto's offer of reform falls on deaf ears. Suharto finds the old magic losing its power

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.