Mortgages

A mortgage is a loan used to buy property: typically a house. It is the standard way for individuals or companies to purchase residential or corporate property when they are unable to immediately pay the full asking price. In return for the loan, you pay interest on the amount borrowed and repay the debt in installments over an extended period.


For details of mortgages in the UK, see:

• Introduction
• Types of Mortgage
• Choosing a Mortgage
• Applying for a Mortgage
• Interest Rates
• Additional Costs
• Credit Rating
• Missing Payments
• Insurance Protection
• Remortgaging
• Early Repayment
• Complaints Procedure
• Mortgage Crisis in the UK