A mortgage loan provides you with a significant amount of money, usually so that you can buy or renovate your home. Taking out a mortgage loan is a very important decision, so you should clearly understand what a mortgage is and be aware of the different types available

Taking out a mortgage

If you are interested in arranging a mortgage, you should study what banks have to offer you, compare their offers with other options available in the market, examine your needs and whether you can afford the repayments over a long period of time.

Mortgage Term

Since a mortgage loan is a long-term product, its financial conditions may change over its life. The original contract will include the circumstances permitting these changes.

Other issues related to the mortgage

When the mortgage matures, if you have paid all the instalments, it is time to remove the discharged mortgage from the Land Registry.

Special Mortgages

Mortgages can be adapted to your special circumstances: if you are young or over 65, enquire about specific products for you.


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