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What Happens at the End of an Interest-Only Mortgage?

In this article, we explore what happens at the end of an interest-only mortgage, and the risks and benefits involved in managing this type of mortgage.

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An Introduction to Lifetime Mortgages

You need to be at least 55 to get a lifetime mortgage. You do not have to make any monthly payments. Repayment occurs eventually from the sale of your home.

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An Introduction to Top Slicing Buy-to-Let Mortgages

Find out how top slicing buy-to-let mortgages allow property investors to meet lender requirements when rental yields fall short of affordability criteria.

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An Introduction to Securing a Mortgage When Self-Employed

Securing a mortgage as a self-employed person is possible with the right preparation, financial documentation and understanding of lender requirements.

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An Introduction to Extending the Term of Your Mortgage

Extending your mortgage term reduces monthly payments but increases total interest costs. Eligibility depends on age, affordability and lender policies.

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An Introduction to How Shared Ownership Mortgages Work

Shared ownership mortgages combine the affordability of renting with the flexibility of increasing your ownership stake in the property gradually, over time.

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Auto-Enrolment into a Workplace Pension Scheme

Learn about the UK's workplace pension auto-enrolment system, which requires employers to enrol eligible employees and minimum contributions.

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Understanding Mortgage Prepayment Penalties

This article discusses mortgage prepayment penalties, also known as Early Repayment Charges (ERC), which may apply if you pay off your mortgage early.

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How to Calculate Mortgage Interest Payments

Understanding how your monthly mortgage payment is calculated will help you understand how much interest you will need to pay and how much to budget for.

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Should One Get an Individual Savings Account?

This article explores Individual Savings Accounts (ISAs) for tax-free savings and investments, including Cash, Stocks and Shares, and Lifetime ISAs.

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How do Life Insurance and Critical Illness cover differ?

Discover the key differences between life insurance and critical illness cover, including benefits, coverage, and why you may need both for comprehensive security.

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What is Annual Percentage Rate of Charge (APRC)?

Learn how APRC calculates your mortgage's full cost, including fees and rate changes, to help you choose the best long-term deal.

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How to Finance a Loft Conversion

Explore cost-effective ways to finance your loft conversion, from loans to savings, and transform your home into a valuable living space.

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Top Mortgage Lenders in 2024: Rates and Insights

Explore the best mortgage lenders of 2024, featuring competitive rates, flexible options, and key insights for homebuyers and remortgagers.

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What does a property “under offer” mean?

Learn the meaning of 'under offer' in real estate, how it differs from 'sold subject to contract', and what steps buyers and sellers should take next.

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