Sentences with phrase «secure affordable repayments»

Interest rates for mortgages remain near historical lows, so locking into a 30 year fixed rate mortgage will secure affordable repayments.

Interest rates for mortgages remain near historical lows, so locking into a 30 year fixed rate mortgage will secure affordable repayments.

Not exact matches

We urge parents not to over-stretch themselves, but to find a mortgage provider that not only offers competitive rates and products but also has the expertise to ensure that the right deal is secured and the repayments are affordable.»

Since it is the lender that decides on interest rates and repayment terms, finding the right one is hugely important to efforts to secure a large loan that is affordable.

A term of 25 or 30 years is normal when securing mortgage approval but mortgage providers are willing to extend the term to 35 or 40 years to make the repayments affordable.

It means that those seeking mortgage loans with bad credit are unlikely to secure deals that are affordable, facing higher interest rates and stricter repayment schedules.