15 or 30 Year Mortgage? Why you SHOULD take a longer term mortgage UK
15 year or 30 year mortgage is a question many home buyers ponder over and one I get asked daily. Here I explain why in the vast majority of cases I would always advise a longer term mortgage. Despite the fact that you would pay more interest over the longer period.
Obtain Your Multi-Agency Credit Report
Check all 4 Credit Reference Agencies Experian, Equifax, Transunion & Crediva at once. This is a must if you are thinking of applying for a mortgage!
Check My File
[ Ссылка ]
Free 30-day trial, cancel at any time & then just £14.99pm thereafter with no contract
Home of My Own - First Time Buyers Handbook
The complete guide for first time buyers - Plan your journey to finding your dream home.
Every step of the Home Buying Process is outlined, in an easy to understand way, perfect for first time buyers. Including sections to plan and document your progress every step of the way.
Order your copy at [ Ссылка ]
📺Subscribe To My Channel and Get More Great Mortgage Tips
[ Ссылка ]
CreditLadder
Report your rent payments to Experian & Equifax to Improve your Credit Score
[ Ссылка ]
Plum
Save and Invest with Plum
[ Ссылка ]
Buy me a coffee
If you wish to show your appreciation I drink a lot of coffee!
[ Ссылка ]
Timeline
0:00 Introduction
1:25 Pros and Cons of a shorter term mortgage
2:47 Pros and cons of a longer term mortgage
4:11 Example of £200,000 mortgage over 15 years and 30 years
5:48 Inflation
6:38 Flexibility
7:22 Putting the money saved to work
If you think you could benefit from my advice then send me an email to enquiries@progressfs.co.uk
*Your home may be repossessed if you do not keep up repayments on your mortgage*
***Disclaimer - we do use affiliate links and get paid a small fee. This helps to generate a small income for the channel to enable us to continue to make informative content***
#creditreport #checkmyfile #firsttimebuyers #howtobuyahouse #mortgagebroker #mortgageadvisor #pfs #firsttimebuyersuk #buyingahouse #homebuyingprocess #homebuyinguk #howtobuyahouse #firsttimebuyer #mortgageapplication
#mortgageapplicationtips
–––––––––––––––––––––––––––––– Buddha by Kontekst [ Ссылка ] Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: [ Ссылка ] Music promoted by Audio Library [ Ссылка ] ––––––––––––––––––––––––––––––
