Housing Finance (Conditions to qualify for a mortgage (Credit history,…
Conditions to qualify for a mortgage
Length of mortgage
Amount to be borrowed
Factors to consider when choosing a mortgage
Break from repayment charges
Type of interest.
Early repayment charge
Type of mortgage
Mortgage Protection Policy
Insurance company pays the balance of the mortgage in the event of the borrower's death.
Consumer Credit Act 1995 ensures lending institutions provide mortgage protection.