Monday 11 August 2014

Launch of the Mortgage Finder Application

The first application - "Ming 2 Mortgage Finder" aims to assist the first time Buyer to estimate the cost of buying a property, identify the affordable property, and find the suitable Mortgage product.

The "Ming 2 Mortgage Finder" incorporates the Stamp Duty and Mortgage Booking Fee calculation. Once you type in the property value and choose the mortgage product, the App will show your monthly payment, including the Stamp Duty and Mortgage Booking fee.

For the advanced user, you could use the Mortgage Calculator to find out the actual monthly payment, by including the Solicitor Fee, Survey Fee, council tax, Management Fee, etc. 

This App provides an estimated Rent Income based on the location and the value of the property. The function is based on our Statistics Models.


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