take me home

mortgages

A woman's guide to mortgages

You are here > WomenRepublic.co.uk > Mortgage Guide
Mortgage Guide: Menu
Mortgage basics Mortgage interest rates
Repayment mortgages Lifestyle mortgages
Interest only mortgages Mortgage terms
Channels
Mortgage Basics

There are dozens of mortgage lenders in the UK each offering their own individual range of mortgages.

The choice for the consumer can be overwhelming, leaving many of us more than a little confused.

But with a little basic mortgage knowledge you can make your way through the mortgage maze and find the prefect package for you.

So, first things first - what exactly is a mortgage?

Well, a mortgage is basically a sum of money borrowed from a bank or building society in order to purchase a property.

The money plus accrued interest is then paid back to the lender over a fixed period.

There are essentially two different types of mortgage: the Repayment Mortgage and the Interest Only Mortgage.

We will now look at each of these in turn...


What types of mortgage are available? What levels of interest rates are available?
What does a repayment mortgage involve? What is a lifestyle mortgage?
What is an interest only mortgage? Mortgage terms explained
Women Republic Menu WomenRepublic.co.uk - health, beauty, dieting and much much more
Beauty
Career & Money

Diet & Fitness
Entertainment
Fashion
Family
Health
House & Home
Horoscopes
Relationships
Travel
Shopping
About Us
Terms of Use
Site Map
© 2003-2007 WomenRepublic.co.uk. All Rights Reserved.