‘Mammoth’ mortgages – more borrowers extend their term
The majority of people taking out a mortgage in 2023 chose a term of 25 years or longer, new research ...
Tag: mortgage term
Gen X homeowners expect to be saddled with mortgage into retirement
The increasing cost of mortgage borrowing means many more Generation X homeowners will be paying off their mortgages into a ...
Homeowners urged to ‘make plans’ for more interest rate hikes
Mortgages are now three times more expensive than they were in October last year and homeowners are being urged to ...
Mortgage overpayments: Is it worth it and will it reduce the term?
Making overpayments can reduce your debt and help you save money on your mortgage over time. But how do you ...
Could you still be paying off your mortgage in retirement?
The next generation of homeowners could be paying off their mortgage into retirement because of the rising age of first-time ...
Overpaying could save you money and reduce your mortgage term
Small but regular mortgage overpayments could help homeowners save thousands of pounds over the course of time, with first-time buyers ...
First-time buyers opt for longer-term mortgages in bid to secure home
Increasing numbers of first-time buyers have taken out mortgages with terms of 25 years or more even though this means ...
The rise of the 40-year mortgage: Should you opt for an extended term?
When you think of a mortgage term you most likely think 25 years. But it would appear increasing numbers of ...
Boom in mortgages for people borrowing into their 70s and 80s
More borrowers will be able to extend their mortgage term beyond official pension age after it emerged some lenders were ...
Could hunting for spare change help reduce your mortgage term?
All that loose change stashed in pots and hidden under sofa cushions in UK homes could be enough to knock ...
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