Is it time to spread your wings?
A mortgage is a loan from a bank or building society that, because it is so large, is secured against the property you are using it to buy.
What type of mortgage?
There are many different types of mortgages and you have to look carefully and understand what each offers. With the economy ever-changing, lenders and borrowers have to consider different approaches to interest rates. Most lenders offer a range of different mortgages with varying interest rates.