Should you Pay down your Residential Mortgage?
Channel: Niche
Date: 2022-04-27

Why paying down your Residential Mortgage is a good idea. 

In this video, Payam Azadi mortgage broker at Niche Advice talk about the importance of paying down your  Residential Mortgage while interest rates are low and while it's feasible. 

He disputes so the arguments within the social media environment telling people not to pay down the Residential Mortgage and invest in property or other types of saving vehicles and explains some of the dangers of that strategy

To get advice about Residential Mortgage options please click on the link https://www.nicheadvice.co.uk/contact-us/

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

The content of this Video does NOT constitute giving advice it is purely designed for general information purposes only. The qualification for a mortgage will depend on your own individual circumstances, and your case should be fully discussed with a Professional Mortgage Broker before you apply. Niche Advice are Independent Whole of the Market Mortgage Broker dealing with different types of clients buying properties all across the UK.

Some Buy to let, and commercial mortgages are not regulated by the Financial Conduct Authority.  

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA No: 750263. The Financial Conduct Authority does not regulate Commercial Buy to Lets including some Bridging Loan products.

#ResidentialMortgage #Mortgagerepayment #payoffmortgageorinvest