Monday 15 August 2011

Online House Hunter: Mortgage seekers | Alan Cleaver | Independent Property Blogs

Online House Hunter: Mortgage seekers | Alan Cleaver | Independent Property Blogs

IT’S been a while since I visited the complex subject of mortgages but the news that the mortgage market has seen the highest number of first-time buyers in nearly a year has prompted me to return.

Whether you are looking for a two-bedroom house in Twickenham or a one-bedroom flat in Fulham, the odds are that you’ll need a mortgage. But type “I need a mortgage” into Google and you’ll suffocate under five million hits. And that’s even before you start getting your head round the costs involved and the difference between fixed, tracker, endowment, capped and a myriad of other terms.

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