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All Press Releases for October 29, 2006 »
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Would-be parents to gain from new flexible mortgage
Flexible mortgage from firstdirect, a reputed Internet bank, is all set to help new parents in the UK. The mortgage allows parents to dispense away with the requirement of paying instalments during their maternity or paternity leave. 
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    /24-7PressRelease/ - LONDON, UK, October 29, 2006 - Chris Pilling, the chief executive of firstdirect told that the Internet bank's new offering in the form of flexible mortgage will help put parents in control of when they return to work after maternity or paternity leave.

The flexible mortgage allows new parents to utilise the option of switching from capital repayment to interest only for any period of time. They can also redraw the previously paid funds and choose how much they pay at one point of time.

Pilling said that having a child could be an expensive time, especially if parents were losing part of their regular monthly income through leave. Pilling also told that apart from new parents, others could also benefit from the new flexible mortgage.

For additional information on the news that is the subject of this release (or for a sample, copy or demo), contact Webmaster or visit http://www.adverse-credit-first-time-buyer.co.uk


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