Everything you wanted to know
Stands for Annual Percentage Rate and it is the interest rate (of a mortgage or loan) calculated on a yearly basis.
No, but you should consider it seriously on such an important undertaking as a mortgage, even more so if you have dependants.
Typically, all building societies will charge a one off fee when transferring or paying off a mortgage - usually between £25 to £250.
Every building society has their own rules on limitations such as age, income etc. If you intend to have a mortgage that will continue after your retirement, then you will need to prove that your pension (income) will be adequate.
Once again, every building society has its own rules on limitations - there are some building societies that will lend up to 130% of the purchase price of your house.
As long as your bankruptcy has been discharged and you have sufficient income then there are building societies that will take each case and make a decision on a personal basis.
Buildings insurance is the only one that building societies make tend to make compulsory. You do not have to take out their buildings insurance - but please note that they will often impose a £25 (approx) administration fee if you choose another provider.
Yes - Normally, leases of over 20 years are not a problem, but for shorter ones it may be difficult to find a building society that is willing to offer a mortgage.
Yes - but you will need to find a building society that specialises in holiday home mortgages.
Contact your building society this instant. Always keep your building society informed of any hardship or change of circumstances which may affect your mortgage payments. Building societies are usually extremely understanding and can be very flexible - but you must tell them first, otherwise they cannot help you.