Equity release is an excellent way for people to access the equity which is tied up within their home, but who does not wish to sell, in order to do so. However, it is important to fully understand what equity release is and what the alternatives are before proceeding further and committing to an equity […]
Read MoreShould I Place my Buy to Let Mortgage on an Interest Only or Capital and Repayment Basis?
Determining which mortgage to get may be a stressful time in your life, it is for many people. It is a big decision to make and there are many responsibilities to having a mortgage. It is not a simple decision that can be taken lightly and made quickly. Therefore, top tips for buy to let […]
Read More Annual Percentage Rate, Buy to Let Mortgage, Capital and Repayment, Capital and Replacement Basis Mortgage, Endowment Products, Interest Only, Interest Only Mortgage, Interest Only Payments, Interest Only Products, Long Term Care Facility, Mortgage, Mortgage Products, Mortgage Type, Release of Equity, Standard Lifetime Mortgages, Tips for Buy to Let Mortgages, Type of Mortgage Product, Types of MortgagesWhat is the Interest Only Mortgage Calculation Formula to Ascertain How Much Can Be Borrowed?
Choosing the correct mortgage when buying a home can be a little confusing. There are many options available and ways to go about handling the mortgage too. Choosing the correct one to fit your needs may not be the easiest process. Yet you have tools like the mortgage calculator to make it a little easier. […]
Read More Halifax, Halifax Calculator, Halifax Mortgage, Halifax Mortgage Calculation, Interest Only, Interest Only Lifetime Mortgage, Interest Only Loan, Interest Only Mortgage, Interest Only Mortgage Calculation, Interest Only Mortgage Calculation Formula, Lifetime Equity Release, Lifetime Equity Release Calculator, Lifetime Mortgage Calculators, Lifetime Mortgage Product, Long Term Care Facility, Monthly Payment, Mortgage, Mortgage Calculator, Mortgage Products, Purchasing a Home, Type of Mortgage, Type of Mortgage Product, Types of MortgagesCan I pay off an Interest Only Mortgage with an Interest Only Lifetime Mortgage?
An interest only lifetime mortgage is a scheme that will allow you to keep as much equity in your property as possible once it is sold, and which will help you to generate a maximum income, with fairly small repayments. Basically, instead of repaying your mortgage debt in conventional instalments which are, of course, dictated […]
Read More Advantages of Interest Only Lifetime Mortgages, Conventional Loans, Conventional Mortgage Scheme, Equity, Equity Release, Equity Release Mortgages, Interest Only Lifetime Equity Releases, Interest Only Lifetime Mortgage, Interest Only Lifetime Mortgage Products, Interest Only Loans, Interest Only Mortgage, Lifetime Mortgage, Lifetime Mortgage Products, Long Term Care Facility, Lump Sum Lifetime Mortgage, Maximum Income, Mortgage Debt, Mortgage Scheme, No Negative Equity, Release Equity, Release Equity From Your Home, Small Repayments