Buying a home for the first time can be a daunting prospect. There are so many things to think about – and that’s before you’ve even considered the many mortgage products, rates and lenders to choose from.
These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property.
Remortgaging means switching your mortgage to another deal – often with another lender.
Lifetime mortgages are a popular means for homeowners over 55 to unlock some of the value in their homes.