FREE

This course includes:

6 months

Badge on Completion

Certificate of completion

6 months

Understanding mortgages is an excellent, short course produced in collaboration with MoneySavingExpert.com . The course explores the mortgage products available in the UK market – their interest rate and other characteristics – and examines the factors involved in making good choices from the product range.

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Created by
OpenCoursa

September 22, 2023

UK

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31

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Last updated:

September 22, 2023

Duration:

6 months

FREE

This course includes:

6 months

Badge on Completion

Certificate of completion

6 months

Description

Understanding mortgages is an excellent, short course produced in collaboration with MoneySavingExpert.com . The course explores the mortgage products available in the UK market – their interest rate and other characteristics – and examines the factors involved in making good choices from the product range.

The course explains why and how mortgages can be actively managed by borrowers through such options as overpaying, offsetting and remortgaging. The course also examines the mortgages from the viewpoint of the lenders, including the factors that affect their decisions about making mortgage advances. By completing the course you will not only become more knowledgeable about the mortgage market but also more confident about making smart decisions about one of the most important areas of personal finance.

Course learning outcomes

After studying this course, you should be able to:
  • understand how banks and other lenders like building societies make decisions about providing mortgages
  • know the different types of mortgage products available and the interest rates that apply to them
  • know the benefits in proactively managing your mortgage – for example by periodically moving from one product to another
  • understand the various costs involved in buying property
  • know the risks involved in having a mortgage and how to manage these.

Learning outcomes

After studying this course, you should:
  • be able to understand how banks and other lenders like building societies make decisions about providing mortgage
  • know the different types of mortgage products available and the interest rates that apply to them
  • know the benefits in proactively managing your mortgage – for example by periodically moving from one product to another
  • be able to understand the various costs involved in buying property
  • know the risks involved in having a mortgage and how to manage these.
This training program is suitable for professional who wishes to start property or real estate business and working in the financial sector dealing mortgages. You can start this training today and building your career in real estate or financial mortgage advisor.

Course Curriculum

    • Introduction 00:10:00
    • Getting a mortgage: how much can I borrow? 02:00:00
    • Mortgage choices: offset, flexible, discounted/low start and portable mortgages 00:20:00
    • Managing your mortgage: overpaying 00:30:00
    • The other costs of buying a property 00:20:00
    • Mortgages: understanding and managing the risks 00:20:00
    • Understanding mortgages 6 months

About the instructor

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Instructor Rating

6

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Courses

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OpenCoursa
We are an educational and skills marketplace to accommodate the needs of skills enhancement and free equal education across the globe to the millions. We are bringing courses and trainings every single day for our users. We welcome everyone woth all ages, all background to learn. There is so much available to learn and deliver to the people.