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Housing and other bills.  Explain what the difference is between getting a mortgage or renting a property  Where would you get a mortgage from?  What.

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Presentation on theme: "Housing and other bills.  Explain what the difference is between getting a mortgage or renting a property  Where would you get a mortgage from?  What."— Presentation transcript:

1 Housing and other bills

2  Explain what the difference is between getting a mortgage or renting a property  Where would you get a mortgage from?  What is meant by a deposit for a mortgage?

3  Research and explain the different types of housing, you may use the internet if available

4  Why does the price of a house depend on its location?  What other things affect the price? In pairs write a list

5  See if you can work out…  A house costs £234,000, you have a deposit of £22,000 on a 3% mortgage  There are calculators available online – HSBC etc

6  With your career choice in mind – what percentage of your salary would you pay for a house?  See if you can pick a property from http://rightmove.co.uk or draw your ideal property – but you must consider the price! http://rightmove.co.uk


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