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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
What about County Court Judgements, Bankruptcy Orders and Defaults?They are bad, but not the end of the world. They will stay on your file for 6 years and will play a factor in the decision to offer you a mortgage. Some mortgage lenders may take into consideration other factors such as several years of good credit scoring, continuous employment, savings and references. Speak to a SAM Conveyancing Mortgage Broker for the best advice on this. | Repayment MortgageThese are now the only type of mortgage open residential home buyers. As they sound, you repay the mortgage by paying back some of the interest each month as well as some of the capital you've been loaned. The mortgage is fully repaid once you've successfully made all the monthly payments for the whole term (traditionally 25 years). Repayment mortgages are distinct from interest-only mortgages, where you simply pay back the interest on the mortgage loan each month and at the end of the mortgage period, you repay the capital with money you've saved elsewhere. Monthly repayments are therefore cheaper than for repayment mortgages, however there's no set vehicle for saving up the capital to be repaid. |
| Average property price in Eltham | £362,234 |
| % Change compared to last year | 10% |
| Population of Eltham | 18,162 (2011) |
Our mortgage broker has access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.
Mortgage Brokers Eltham offering free first consultation (terms apply).
With no need for face to face meetings you'll be called on the same day by one of our mortgage specialist brokers to discuss your circumstances and can support complex applications for Help to Buy, Right to Buy and Shared Ownership mortgages
You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.
