What Actually Is A Mortgage? (Myth Busting)

06/06/2025 12 min Temporada 1 Episodio 10

Listen "What Actually Is A Mortgage? (Myth Busting)"

Episode Synopsis

In this episode, we cover:What a mortgage is and how it worksThe difference between secured and unsecured lendingWho actually lends the money (banks, building societies, etc.)How banks fund mortgages and where the money comes fromHow interest rates are set and how banks price lendingCommon myths about mortgage terms and repayment periodsCapital repayment vs. interest-only mortgagesThe importance of keeping up with mortgage paymentsHow to apply for a mortgage and understand what you can affordMyths around income multiples and affordabilityFinal advice on getting the right mortgage and seeking professional help🎙 New episodes every Friday📆 Bonus mortgage updates every MondayIf you find the show useful, don’t forget to like, follow and share - we’ll see you in your feed!Need help with your mortgage?👉 ⁠⁠⁠⁠Get started here⁠⁠⁠⁠📊 ⁠⁠⁠⁠Try our Stamp Duty Calculator⁠⁠⁠⁠📸 ⁠⁠⁠⁠Follow us on Instagram⁠⁠⁠⁠💼 ⁠⁠⁠⁠Connect with us on LinkedIn⁠⁠⁠⁠🎧 This podcast is proudly built by ⁠⁠⁠⁠I.A.M Podcasts⁠⁠⁠⁠#MortgagesMadeEasy #PrestigePrivateFinance #Mortgages #PropertyFinance