All the rates currently posted on London Mortgage Shop are available to you. These rates may be lower than the rate that you currently have with your bank, therefore saving you money on your overall mortgage payments! And in most cases, the cost of the renovation may even balance out over 5 to 7 years against what you save, thus not really costing you anything!
Interest Compounding: All of these mortgages are compounded semi-annually; meaning your interest is compounded twice a year.
Payment options: All payment schedules are available; monthly, semi-monthly, bi-weekly, bi-weekly accelerated, weekly, etc.