Monthly Archives April 2019

Interesting Article on the rise of the 40 year mortgage…

I recently read an interesting article on the Money Facts website that discussed the recent rise in popularity of the 40 year mortgage.  You can see the full article and more by following the link: https://moneyfacts.co.uk/news/mortgages/rising-popularity-of-40-year-mortgages/ Please find a copy of the Article: Rising popularity of 40-year mortgages Category: Mortgages Author: Derin Clark Date: 17/04/2019  Nearly half of first-time buyers would consider taking out a 40-year mortgage to get onto the property ladder, according to research from Santander Mortgages. This could prove a successful strategy, as the bank also found that choosing a 40-year mortgage over a 25-year term could help 3.25 million more
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