Mortgages

• Research and understand the different types of mortgages available in the market.



• If you take a variable mortgage calculate the repayments if the interest rates increase significantly so you understand if you will be able to make the repayments.



• Note that although there may be some more attractive deals on offer you may not meet the lending criteria of the lender. Quickly get an understanding of the criteria so you don’t waste time applying for mortgages that you can’t obtain.