Introduction
MortgagesIn this module, you’ll learn how home buying works, the factors that shape affordability and how mortgages influence the overall cost.
Transcript
Are you renting or thinking about buying your own home? Figuring out which type of housing is best for you or which you can afford, it can be confusing. Knowing some of the options and what these mean for your finances will help you make the right decisions.
If mortgages are completely new to you, you’re probably wondering how much money will you need? Are there any costs that you aren’t aware of? How does a bank decide if you are able to afford a mortgage? Is there a way you can ensure you get the best deal?
There are nine bite-sized videos in this module on mortgages. The goal of the videos in this module is to help you better understand the mortgage market and feel more confident when choosing products and exploring support. We’ll give you an overview on the mortgage market and guide you on how to prepare for and manage a mortgage responsibly over time.
All Adult Learning Modules
Budgeting
Module 1
In this module, you’ll explore how budgeting can help you plan ahead and manage the impact of rising costs.
Earnings
Module 2
In this module, you’ll learn how to understand your pay, spot any issues early and explore the different ways you can increase your income.
Freelance
Module 3
In this module, you’ll learn what freelancing involves, from getting paid to managing tax, expenses and day-to-day responsibilities.
Pensions
Module 4
In this module, you’ll explore how pensions work, from the State Pension to workplace and personal pensions, so you can plan ahead.
Debt
Module 5
In this module, you’ll learn how borrowing works, how to manage debt responsibly and where to get help if it becomes hard to handle.
Credit
Module 6
In this module, you’ll learn how credit works, different types of credit, how repayments are made and how interest and fees are calculated.
Mortgages
Module 7
In this module, you’ll learn how home buying works, the factors that shape affordability and how mortgages influence the overall cost.
Investing
Module 8
In this module, you’ll learn how investing works, how to manage risk and how to grow your money over time.
