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Mortgages | Which Mortgage | Low Cost Mortgages |
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A mortgage is a loan you take out to buy property. Most banks and building societies offer mortgages, as well as specialist mortgage lending companies. If you change lenders but don't move home it's referred to as a 'remortgage'. You can get a mortgage direct from the lender (banks, building societies and specialist mortgage lenders), or you can use a mortgage broker. You can buy based on 'information' only or get advice and recommendation on a mortgage that suits your particular needs. Whether you're looking to buy your first home, or you already have a mortgage and want to move or review your options, our impartial, practical information can help. Check out your options and don't forget to: - compare the different fees and costs of getting the mortgage as well as the repayments
- check out the various features and options, such as repayment holidays and overpayments; and
consider the exit costs of the mortgage. - In some cases, mortgage payment protection insurance (PPI) might be a condition of your loan but you don't have to buy it from your lender so shop around for the best deal for you
- If you already have a mortgage, talk to your lender about what they can offer you.
- If you're getting into difficulties get free, confidential debt help is available
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