The world has shrank and reduced to a global village now. Modern era has progressed so well in communications, jobs and living that it is now a common situation for people to relocate to a different country. Same is the case with the United Kingdom. People from all parts of the world come to the United Kingdom to seek a better future and a better life. Some years back, Emily Robins did the same. As soon as she immigrated she started working for a good company and started saving money to buy a house. There was a little hitch - what kind of mortgage could she benefit from? 

She considered self build mortgages. It really interested her that with the help of this option, she would be able to make her own decisions and plans and then be able to pursue them with the mortgage lenders. However, the nature of her work didn’t allow her to spend too much time on researching about it and thus compelled her to withdraw from the idea.

She decided against self cert mortgages for more or less the same reasons. After that, she took some information about using another new mortgage to pay off the existing one as her friend had done. This was remortgages. She ultimately decided against it because she never wanted to have two mortgages at the same time.

Finally she decided to go ahead with the interest only mortgages. She decided to do that because this way she not only got the house right away, but also paid only interest for some time.