Welcome back to show number 15 of the Money Ed Podcast, episode 6 of the 'Managing our outgoings' series
A mortgage is one of biggest, if not THE biggest debt many of us will undertake during our lives. In this episode we break down mortgages, and go into detail on a number of specifics including:
- what a mortgage is, the application process and how lenders determine eligibility
- the various 'terms' of a mortgage
- comparing different mortgages and understanding fixed vs variable rates
- managing your mortgage repayments alongside your other essential outgoings
- how we can reduce the costs of our mortgage
This episode is great for anyone who wants to learn about mortgages, or who just want to brush up on the knowledge you already know!
Last weeks episode on student finance can be found here
If you want to learn more about credit score and managing your credit history, listen to episode 12 here
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