Repayment Of Home Loan - The Mortgage Agency

It has changed the life of humans in every field.

From transferring funds to borrowing funds from a private money lender in London, UK, everything happens through financial tools.

Technology helps in financial decisions Through Calculators

From our concerns on pension to loan repayments, we need a smart tool to calculate things properly.

THE CALCULATORS are great financial tools that help people make confident financial decisions.

Calculators use both to give you almost perfect results.

Banks and other lenders charge equal interest rates on both home loans and property loans.

However, the home loan interest rates are a few percentage points lower than the land loan interest rates.

Plot loans are generally riskier and thus priced higher than home loans, where banks have a promise that, if necessary, they can sell and recover losses quickly.

Bankruptcy properties for sale are those that have been taken back from the owner due to an unpaid debt, i.e.

If you have a mortgage or loan secured against the property and repayments aren’t maintained, the lender can apply to the courts to repossess the property.

These types of property are often sold below market value in an attempt to secure a quick sale.

All the time the lender has possession of the property, it is costing them money.

Buyers could save as much as 30% off the market value, depending on the property’s condition.