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Payment Breaks - Cheap Mortgage Deals

This term is often refered to as a payment holiday on a flexible mortgage. Some mortgages allow you to miss a payment during the course of the life of the mortgage, you will need to have built up a clean repayment history with the lender and they will restrict the period and frequency of the holiday.

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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