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mortgage calculator

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Help to buy mortgage scheme coming to an end

The new chancellor Phillip Hammond has announced that the government’s help to buy mortgage scheme will be closed by the end of 2016. In a letter to the Bank of England, the chancellor said the scheme had a “specific purpose that has now been successfully achieved”. The scheme was launched in late 2013. It meant…

Google’s new mortgage calculator now features UK lenders

US search engine Google launched an online mortgage calculator in February 2015 which allows users to calculate monthly repayments for a mortgage. The tool gives you the monthly cost and maximum loan cost after you type in your variables into the gray background fields. There are many financial sites that offer mortgage and interest calculators,…