Summary
HOMEBUYERS should beware of tempting, low rate mortgage deals - as the sting in the tail can prove expensive.
This week, Egg launched a two-year fixed rate of 4.74 pc - less than Bank of England base rate. It is also offering a discounted variable rate mortgage with a current rate of 3.99 pc for two years.See the full content of this document
Extract
Loans That Score On Penalties ; Moneymail: Borrow It
However, both have swingeing overhanging penalties whic...
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