Tag: Mortgage Repayment

Mortgages

Mortgage-savvy millennials

Mortgage-savvy millennials When it comes to their mortgage, are younger people making better financial decisions than their older counterparts? The term 'millennial generation' applies to people born somewhere between 1980 and 2000, a 20-year span which also saw a huge rise in property prices. At the start of 1980, the average house price was £22,677, but by the end of [...] Read more
conveyancing

What’s your repayment plan?

What’s your repayment plan? Thousands of people with interest-only mortgages expiring this year do not have a repayment plan, putting their homes at serious risk of repossession. 40,000 interest-only mortgages are set to mature in 2016, but experts suggest that only half of these homeowners have the capital in place to repay the loan. And according to the charity Citizen’s [...] Read more