Taking on a mortgage is probably the biggest financial commitment you are going to make, so getting it right first time is incredibly important, especially if you are looking for a mortgage after bankruptcy. It is not only a case of choosing the right mortgage product to suit your personal circumstances, it is also imperative you make sure that you choose the right repayment option too. There are two main options offered to borrowers, both of which have their own merits and downfalls.
The traditional type of mortgage is known as a repayment mortgage, and your monthly payment goes towards not only the interest on your mortgage, but also tow..........................
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