Category: Market Condition

When will you be mortgage-free?

When will you be mortgage-free?

What an incredible thought, being mortgage-free? Sadly, for most of us, this is a pipe-dream in the foreseeable future – but some feel otherwise! On average, a younger generation mortgage borrower who is 34 feels optimistic that they will be mortgage-free by the time they are 51 whereas on the flip-side, a 55-year-old borrower is

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Homeowners Stung for £2500 on average

Homeowners Stung for £2500 on average

Recent research has shown that homeowners who do nothing at the end of their initial mortgage rate pay, on average, over £2500 per annum more in mortgage interest. That’s over £200 per month!!!! The study analysed the top sixteen mortgage lenders and compared the cost of reverting onto the lenders standard variable rate (SVR) against

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