What is a Residential Mortgage
Residential mortgage is used to purchase a property that you plan to live in. The loan is taken out against the property and can come in various forms, such as fixed or variable rate deals, and repayment or interest-only options. Usually, the buyer will need to provide a deposit for the home they are buying with the lender covering the rest of the cost will pay over a set period. To know more visit here https://www.centricbank.com/for-you/mortgage-loans
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