is4money personal finance personal finance
Small Business Ad
Home Personal Finance Mortgages Getting a Fair Deal On a Mortgage
Friday, 29 August 2008
Article Index
Getting a Fair Deal On a Mortgage
1. How much can I afford to borrow?
2. How can I tell which mortgage rate is best for me?
3. What is the best type of mortgage for me?
4. How should I repay it?
5. Can I make lump sum payments to reduce the size of the loan?
6. Are there any redemption penalties?
7. Does this mortgage come with compulsory insurance?
8. What other charges will I have to pay?
9. What happens if I can't pay?
10. What about the small print?

Getting a Fair Deal on a Mortgage

10. What about the small print?

  • What does this term mean?
  • What does this mean I will have to pay?

Ask about any terms you are unsure of. Take the small print away and read it again. See if there are answers to these questions in the small print and compare them with what the lender has told you. If anything seems wrong go back to the lender or ask someone else to look at it for you.

This document based on information from DTI Consumer Affairs department and Crown Copyright © 2003



 
Next >