One of the most important choices that the average person makes is deciding which home to buy — and choosing a mortgage to pay for it.
Of course, most of us can’t afford to pay cash for a new home, so we’re forced to borrow money from a bank, building society or other lender in order to raise the extra cash that we need. Hence, there are over 11.6 million mortgages outstanding in the UK, and our total mortgage debt exceeds £1,035 billion….