22 Feb 2012
PPI payments 'hit £1.9bn in 2011'
Banks paid out £1.9bn in compensation in 2011 for the mis-selling of payment protection insurance, a watchdog says.
Types of Mortgages
There 2 simple ways to repay your mortgage:-
• Capital & Interest - a mortgage that repays the interest and the capital amount over the term of the mortgage and guarantees the mortgage is fully repaid by the end of the term provided you have kept up payments on it.
• Interest Only - a mortgage that only repays the interest element of the mortgage which means payments are cheaper throughout the term of the mortgage but the original amount borrowed still needs to be repaid at the end of the term of the mortgage. A standalone repayment vehicle is usually recommended to run alongside the mortgage and is not guaranteed to pay off the mortgage.
There are also many different Mortgage Deals.
At Suitable Mortgages we are Independent which means we can search the market for the best Mortgage deals available.
Whatever your circumstances, make sure you use our experience to provide you with the best mortgage advice for you. Contact us now for an initial discussion.
News
22 Feb 2012
New targets for tax inspectors
Tax inspectors will target the motor trade, market stallholders and clothing sellers as they extend their campaign against tax dodgers.
