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Mortgage Top Tips

Ask your mortgage advisor the following questions.

 

1. Can I make lump sum payments to reduce my mortgage at no extra cost?
2. Can I make additional payments to reduce my mortgage at no extra cost?
3. Can I switch to fixed rates at no extra cost?
4. Can I have a choice of part fixed or part variable payments?
5. Do you charge an indemnity bond? How much will it cost?
6. Can I index my loan to shorten the term of the loan and to pay less interest?
7. Can I pay off the loan with no penalties?
8. Do you offer interest only mortgages, so that I can keep my payments low in the first few years (when I have to pay for new furniture etc?
9. Do you offer tracker mortgages?
10. Are you an independent mortgage broker?

A mortgage broker such as NMS can usually negotiate a better deal in less time for you because they know how the system works.

Click here to arrange Approval in Principle through National Mortgage Services

 

 

 

   
 

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