Mortgage IDD

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Key Facts

 

Mortgages Guides

 

Mortgage Glossary
Mortgage terms explained...

Mortgages key factors to consider
There are various key factors that you should consider before you buy your mortgage. Here’s the Moneyfacts.co.uk guide to things to consider when buying your mortgage.

Mortgages - Top Level Guide
A mortgage is basically any loan which is secured against property which you own. A mortgage means a loan from a bank or building society which allows us to buy a house, flat or apartment, with the property itself as the security.

Mortgages Tips

 

Mortgages things to watch out for
The things to watch out for with Mortgages. There are a number of important things to watch out for when comparing or buying your mortgage.

How to get the right mortgage
Getting a mortgage is the biggest financial commitment most of us will ever make, and one of the biggest potential areas to save money.

Equity release schemes
Equity release schemes from companies such as Norwich Union and Prudential have risen in popularity as ways to convert this wealth into income.

Mortgage Best Buys

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Fixed 5 Year Mortgages

RateMortgage TypePeriodMax LTVFeeRedemption
Click to compare up to 3 mortgage productsSORTSORTSORT
Chelsea BS
4.69%
Fixed31/05/201575%Arrangement £995To 31/05/2015
Yorkshire BS
4.79%
Fixed31/03/201575%Booking £195, Arrangement £300To 31/03/2015
Leeds BS
4.85%
Fixed30/04/201580%Booking £199, Completion £800To 30/04/2015
Yorkshire Bank
6.69%
Fixed31/05/201590%Arrangement £9991st 5 yrs
Britannia
5.49%
Fixed30/06/202075%-To 30/06/2020
Yorkshire BS
5.59%
Fixed31/03/202075%Booking £195, Arrangement £300To 31/03/2020
Click to compare up to 3 mortgage products
Click to compare up to 3 mortgage products.
Disclaimer:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
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Fixed 5 year mortgages Explained

A greater period of repayment security can be gained by taking on longer term fixed rates, meaning you do not need to search for a new mortgage every couple of years, as you might do with a shorter term fixed rate.

You might decide you want to change your mortgage before you have completed the initial fixed rate term. If you do, your bank or building society may charge you a fee that lenders call an early repayment charge. It is wise to bear these charges in mind when you are deciding what type of mortgage to take, as they might be expensive.

When you look at our Best Buys, you will see that we have selected products from across different loan-to-value tiers in order to give a wide overview of what is available. Use our mortgage search to access a more comprehensive list of products.
 
 

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