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What the search should highlight Any Planning notices

ADVANTAGES If the proceeds of the plans exceed the amount required to repay the mortgage, then this is received as a cash lump sum by the borrower

If applicable, a redemption fee comes into effect when you repay/terminate the mortgage within the redemption term, as set out in your mortgage advance

You can also seek advice from a voluntary organisation such as The Citizens Advice Bureau

This is a comprehensive report that provides information on construction and materials used as well as major and minor defects

This tends to be between £25 - £50 and may be avoided if enough objections were made

Below is a quick and easy guide to personal loans

Another form of insurance common in the mortgage industry is a Mortgage Payment Protection Plan

The lender may permit over-payments and lump sum payments, which allow you to clear the loan over a shorter term than that agreed at the outset

Discounted Rate Mortgage

It occurs when the seller accepts a higher offer from another buyer after already having accepted yours

This may be due to a number of factors, but mainly occurs due to the condition of the property

Sometimes it will match the period of the discount/fix but often it can go beyond the benefit period e

Check it out and see how the neighbourhood is rated

Outline Information is available free of charge, by entering a postcode

There has been a previous price reduction on the property

The current options available to you in conjunction with interest only mortgages include endowment, pension or an Individual Savings Account (ISA) Advantages: There are a variety of investment vehicles available to use to repay interest only mortgages, some offering tax advantages