What is a repayment mortgage? A repayment mortgage is a home loan where you repay a bit of the capital, which is the amount you borrowed, along with some interest each month. With a repayment mortgage ...
Including what happens with inflation, falling swap rates, and no unexpected shocks to the economy. Average monthly mortgage repayments by average house price You might be wondering what this week’s ...
Mortgages generally fall into two categories: fixed-rate deals (which guarantee your rate for a set number of years), and variable rate deals (where your rate can go up or down depending on economic ...
One option for you, as you say, is to switch on to a BTL mortgage. But these carry a higher risk (since rental income can be viewed as more unstable). Lenders charge higher rates and require borrowers ...