A mortgage is a loan used to buy property. Usually this means the home you live in but you can buy property for someone else, to rent out, or just...

For monthly calculation purposes, a mortgage might typically be set up to run for 25 years, although the term could be longer or shorter depending...

Remortgaging is when you change your mortgage deal to a different lender. You would usually do this because you want a more competitive rate of int...

LTV is shorthand for ‘loan to valuation’ ratio. This is the percentage of the property’s purchase price that the lender is willing to extend as a m...

Mortgages are differentiated by how they charge interest. A variable rate mortgage sees the interest rate move up or down according to lender’s pre...

A joint mortgage is when two or more people take out the loan together. Often this is as a couple, but it might be a group of friends, or children...

‘Buy to let’ is when someone buys a house or flat with the intention of renting it out. The idea is that the rent will cover the mortgage and upkee...

Life insurance – specifically, term insurance is an important purchase if you have financial dependents. It would pay out in the event of your prem...