Today (16 April 2018) is Mortgage Freedom Day – the day on which the average UK homeowner will have earned enough to cover their mortgage payments for the whole year. But some homeowners are freer than others – are you among them?
However, one of the most significant factors in mortgage freedom isn’t due to location, salary or mortgage size, but to the kind of deal you happen to be on. Broadly, the higher your interest repayments, the more you’ll end up paying (and even worse, the more of your money disappears into the ether rather than actually being invested in your home).
So how easy is it to remortgage?
source: https://www.unbiased.co.uk/news/mortgag ... -homeowner
Mortgage news articles from around the UK.
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