Just like all other types of loans, mortgages carry an interest payment element charged by the lender for loaning a borrower money to buy a property. How much interest you are charged could vary depending on what type of product you have chosen from the lender.
Is a standard variable mortgage appropriate for you? It depends on your individual circumstances, but here are some things to consider: Your financial [...]
You may have heard of different types of interest rates when it comes to mortgages such as fixed rate and variable rate. As the name suggests, fixed rate mortgages mean the interest rate you pay during the length of your deal is fixed at a set amount.
