7 April 2006 Archive
Discount rate mortgages
A discount rate mortgage is a home loan secured against a property where the cost of repayments is reduced for a fixed term. |
Buy to let mortgages
A buy to let mortgage is a loan secured against a property, where the borrower intends the property to be rented to tenants rather than as their residence. |
Official figures show slower house price growth
The latest analysis of official figures shows that house price growth is not as strong as has been claimed. |
Repayment mortgages
A repayment mortgage is a loan secured against the value of a property which is paid back in instalments. |
Lifetime tracker mortgages
A lifetime tracker mortgage guarantees that the monthly repayment costs will stay within a fixed percentage of the Bank of England base rate. |
Self cert mortgages
Self certification mortgages are loans secured against the value of a property. |
Self build mortgages
A self build mortgage, also known as a stage payment mortgage, is a specialist way of taking out a loan on a house that is not built yet. |
Month Archives 2006
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