These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
People buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
With options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.
Remortgaging means switching your mortgage to another deal with another lender without moving property.
These are mortgages suited to people building a new home. With a self build mortgage, money is released in stages as the build progresses.
UK News
It says the move is due to customer demand for cheaper prices in the wake of the cost of living crisis.
There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?
OpenAI and Reddit reach deal that will give ChatGPT access to content on the social media platform.
Lesley Sewell tells the Horizon inquiry she was "not comfortable" being contacted by the former chief.
Chinese bubble tea shares fizzle, raising questions about the industry and Hong Kong's stock market.