Whilst insuring ourselves against an undesirable event such as sickness or even death may not be a pleasant thing to think about, the benefit of being able to set financial issues aside during an emotional time cannot be overlooked.
With state pension projections dwindling, investing in bricks and mortar may provide a longer-term solution for your retirement. Alternatively, the savvy parent might purchase a multi-let property student share house providing an income and housing solution whilst their child is at university.
A residential mortgage is a large long term loan taken out by one or more individuals to buy a home to live in. Whether you are a first-time buyer, moving home or remortgaging, this is the type of mortgage you will need. Depending on what is best for your circumstances you can choose between fixed-rate, variable or tracker mortgages