An offset mortgage allows your savings to work much harder for you than if they were just sitting in an ordinary savings account. An offset mortgage means borrowers only pay interest on their net loan amount – minus any savings they have in the same or linked account. Monthly mortgage repayments are calculated on [...]
Posts Tagged ‘100 Mortgage’
An Offset Mortgage Allows your Savings to Work for you
Posted by admin on January 1st, 2010
Posted in Articles 
Tags: 100 Mortgage, Allows, Borrowers, Conventional Mortgage, Council Of Mortgage Lenders, Households, Loan Rate, mortgage, Mortgage Debt, Mortgage Lender, Mortgage Loan, Mortgage Rate, Mortgage Repayments, Mortgage Tracker, New Mortgage, Offset, Savings, Savings Account, Three Months, Work, Year Mortgage 
No Comments »What Is A Flexible Mortgage?
Posted by admin on December 29th, 2009
A flexible mortgage is a secured loan, which can be paid back in differing amounts while providing access to the housing equity (within pre-agreed limits). There are five key features with a flexible mortgage: the ability to pay the mortgage off early through overpayments or lump sum payments, the ability to borrow money back by [...]
Posted in Articles Tags: 10 Months, 100 Mortgage, 3 Years, Capital Debt, Control, Flexible, Flexible Mortgage, Lump Sum Payment, Lump Sum Payments, Lump Sums, Money Mortgage, Money Savings, mortgage, Mortgage Interest Rate, Mortgage Loan, Mortgage Payment, Mortgage Rate, Overpayments, Payment Holidays, Savings Account, Secured Loan No Comments »