Factors if you should buy or Rent
Mortage Paypent Options
Repayment Mortgage
—>Both capital and interest are paid off when a repayment is mad
Interest only Mortgage
—>Only interest is paid off when a repayment is made
Types of Mortgages
Loan to Value (LTV)
More than 100%
Early Repayment Charges (ERC)
Minimum Amount
minimum you have to pay
Annual Percentage Rate (APR)
is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, creadit card, etc. It is a finance charge expressed as an annual rate
Land and Buildings Transaction Tax (LBBT)
Key risks When Buying a property
Zuletzt geändertvor 2 Jahren
