The issue of shared ownership is a major issue for many people looking to arrange their financial future. What is a shared ownership mortgage? A shared ownership mortgage is where you buy a share within the property, generally with a deposit and the help of a mortgage, and you then […]
Given the challenges people face when arranging a mortgage, it is understandable that people have a lot of questions. The issue of an IVA mortgage arises for many people. If you have an IVA, it is natural you will have concerns over what you can and cannot arrange financially. A […]
What is an interest only mortgage? An interest only mortgage is a mortgage taken out where you only pay the interest for borrowing the money and you do not pay back any capital. For example; if you borrow £150,000 over 15 years you will only make monthly payments covering the […]
What is a secured loan? This is a loan where there is a charge placed upon your property, so in the event that you do not make the required monthly payments, the lender could potentially repossess your home. It is important that you consider the implications of having a secured loan […]