Considering choosing a ‘mammoth mortgage’?
Considering choosing a ‘mammoth mortgage’? A standard mortgage used to run for 25 years but there is a growing trend for so-called ‘mammoth’ loans spread over up to 40 years as first-time buyers and movers opt for lower monthly payments. A dramatic increase According to UK Finance, the last two years have seen a dramatic increase in 40-year mortgages. In