With the property market on a steady incline there are a lot of people looking to buy property or take mortgage on their current property to perform maintenance or renovations during summer. One of the most important points when you are making the decision to take a mortgage is to remember that a mortgage is a long term investment. By knowing what type of borrower you are, you can select a mortgage which is suitable to your needs without putting additional strain on your finances. The article on AOL Money goes into detail on what the different borrower types are and what possible problems could be faced.
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