Not trying to sell you anything, just free information that you may
find useful
Why get a mortgage?
This is the first place to start for non-home-owners. The most
obvious answer is because if you haven’t got a mortgage then you are
most probably renting [or worse, staying with family or friends]. Now
whilst there’s nothing wrong with renting, the most obvious disadvantage
is that you don’t really get any thing for your money. But wait Kelsey I
hear you say, surely I get a place to live in and a roof over my head?
Well that is right , but think about it for a moment from your
landlord’s point of view: A property constantly gains value in the
housing market and a tenant will pay your mortgage, utilities, council
tax, etc, etc – what a deal! From your point of view: you will always
pay more in rent than you will for the mortgage repayments on a home
loan for the same value as your house, flat, bungalow..
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