<p>Property School Episode 3</p> <p>This week we go back to basics and I'm here to share everything I know about mortgages.</p> <p>Things we'll cover in this episode include the following:</p> <p>- What actually is a mortgage and why do most of us need one?</p> <p>- How do lenders make their money and what is interest and can interest change?</p> <p>- Types of mortgages</p> <p>- Where do you start to get a mortgage?</p> <p>- What happens if you fail to make repayments?</p> <p>- How are deposits involved?</p> <p>- How long does it take to pay off a mortgage?</p> <p>- What's remortgaging?</p> <p>- Are there any other fees involved in getting a mortgage?</p> <p>Don't forget to pay attention as at the end of every episode I will be giving you a quiz about what we've just learned!</p> <p>Please feel free to share this or tag someone who will find this useful. Catch all episodes of #PropertySchool on IGTV, YouTube and wherever you get your podcasts. Links in my bio.</p> <p>*Disclaimer* This is not financial advice, I am not trained to give financial advice and you shouldn't take financial advice from anyone who isn't qualified, including myself, this content is based on my own experience. I would always recommend getting a mortgage broker or financial advisor.</p>