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1). Buying To Let: Is It For You?
If you read the title of this article and thought to yourself, "Let what? What am I letting happen buy buying? And what am I buying?", than this article is definitely for you. First let me establish that the "buy" refers to a house and second, the "let" part, that refers to renting that house out to someone else. Basically it means that you buy a house and let someone else pay the mortgage and live in it.

2). Fixed Rate Mortgages: The Ups and Downs
As the title of this article would suggest, I am going to take you on a journey through the ups and downs on fixed rate mortgages. When buying a house, especially the first one, I think that it is literally the most terrifying experience that I have been through, and I have combat experience as a military veteran. For those of you who find yourselves still anticipating the purchase of your first home, let me give you a brief rundown of what it is and what it isn’t.

3). Remortgages: The Helps and Hazards
When you remortgage you home you, just as the name you imply, get a new mortgage that replaces the existing one. This is usually something that takes place when the market interest rates drop down below what you are paying. Most often this is something that is considered by homeowners who hold fixed rate mortgages.

The Helps
Remortgaging can be helpful in quite a few different ways.

4). Capital and Repayment Mortgages
What Is Capital and Repayment Mortgage?
“Repayment mortgage (also called a capital-and interest loan)
Your monthly payments gradually pay off the amount you owe as well as paying the interest charged on the loan. Provided you make all the agreed payments, the loan will be fully paid off by the end of the mortgage term.”
- Consumer Information, FSA, June 2006

Repayment mortgage and capital mortgage (or capital loan) are the exact same thing, made more confusing by the fact that this type of mortgage is known by more than one name.

5). Endowment Mortgages
What Is An Endowment Mortgage?

An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, you pay an addition small sum into a policy that is supposed to be ever-increasing: the endowment policy.

6). Shared Ownership Mortgages
Introduction:

Shared ownership mortgages were formed to help people buy the property of their own, when they cannot afford to buy full property at a time. The share of property is usually 50%, but may also be 25% or 75%, and is purchased from housing associations. Thus you own a certain shares of property and pay rent on the remaining part of the property.

7). Self-Build Mortgages
We all dream of owning a house, a place which we can call our own. But, this dream is fast turning into a nightmare for people as a result of soaring property prices. They are the proverbial dark cloud in a bright blue sky. In such a scenario, self-build mortgages have come as the true savior of dreams.

As the name suggests, a self-build mortgage helps you build your home.

8). Capped Rate Mortgage
Capped rate mortgages offer you some kind of variation in terms of interest repayment. These types of mortgages offer you the best in terms of variable rates and fixed rate deals.

In terms of the specific time allotted for the repayment of the interest, capped rate mortgage is similar to other mortgages available in the market. The difference lies in setting a limit or ‘cap’ to the ceiling of the interest rate that you pay over that fixed period of time.

9). Interest Only Mortgages: The Ins and Outs
Buying a home, like any other big purchase, ought to be done only after one has taken all measures to ensure that they are educated, informed, and prepared. There is nothing more gut wrenching and heart breaking, not to mention just downright depressing, than committing yourself to a six-figure debt only to find out that you didn’t actually pick the best kind of debt for yourself.

10). Adverse Credit Mortgages
There might come a time when you need to borrow money, but you have a credit history that does not inspire too much confidence. It makes you think twice before you act. For such borrowers, an adverse credit mortgage is the answer for all their troubles. So to put it succinctly, this type of mortgage is for those who have a poor credit history or a poor credit rating as it is sometimes called.

11). Secured Loan
Your loan, if supported by strong assets, is called a secured loan. A secured loan can be called a minimal risk loan. This means negligible risk for the moneylender. The degree of risk taken up by the lender is considerably lower, as in the event of non-payment the assets can be attached.

In legal parlance, a secured loan is a loan wherein the borrower pledges collateral that he/she will forfeit in the event that he/she cannot pay back the loan.

12). First time buyers mortgage
Introduction:

Property is an investment, and if purchased in a planned way is beneficial otherwise it may be dangerous if a high amount is borrowed. Most of the financial authorities prefer the first time buyer and offers various incentives. You should contact to an estate agent and discuss about your financial health, repayment options, and selection of mortgage and redemption options.