Most people who buy property will use some form of mortgage. Indeed, according to the Financial Conduct Authority (FCA), in the final quarter of 2023, the total amount borrowed through residential mortgages was £1,657.6 billion. While buying a property is an exciting time, the mortgage market may seem confusing. It can feel like there are an overwhelming number of options, whether you’re a first-time buyer or are expanding your property portfolio. If you need to apply for a mortgage but aren’t sure where to start, this guide could help you: Understand how much you could borrow through a mortgage Decide if a repayment or interest-only mortgage is right for you Assess how the mortgage term could affect your short- and... Read More