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Net-Teams - Bookmark Tag abbey
There are 3 articles associated with the tag abbey!
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Guide to London travel
Being one of the most important capitals of the world, London ought to be having a high reputation among the people from all over the world. The country holds a very rich resource of history and domination over the entire world
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Regulations Tighten On Interest Only Mortgages
More than 25% of homeowners are paying for their homes with an interest-only mortgage say the Abbey. The reason is obvious their monthly payments are much less. For example, a £125,000 interest only mortgage at an interest rate of 5% and repayable in 25 years time, costs £525 per month - but on a repayment basis the monthly cost rises by £210 to £735 per month. Understandably, this level of cash saving has proved highly popular with first time buyers struggling to...
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Interest Only Mortgages FSA Makes Move To Protect Homeowners
Abbey recently stated that over 25% of homeowners decide to take out an interest-only mortgage. It's not hard to see why the monthly payments are significantly less, just look at this example based on a 25 year £125,000 mortgage at 5%. The interest only mortgage will cost £525 per month - but the repayment mortgage is £735 per month an additional £210 a month that's a lot of money! At the root of the issue are the first time buyers they simply...
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