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Your Easy Guide To Mortgages (Part 2 of 2)

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E is for…
Early repayment charge (ERC) or redemption penalty
If you sign up to a special-rate mortgage and later decide to pay off your loan early, then expect to pay a hefty fee for the privilege of bailing out before time.
Endowment policy
An endowment is a toxic combination of life insurance and an expensive investment policy. Pass [...]

October 25th, 2007 | Posted in Mortgages | No Comments

Home Loans for First Time Buyers

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Young families are now living their dreams thanks to a range of home loans designed especially for them. Gone are the days when bad credit or lack of funds meant you can’t obtain a home loan to purchase the home of your dreams. While these factors may have been insurmountable factors in the past, they [...]

October 13th, 2007 | Posted in Mortgages | 2 Comments

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