商务翻译（英译汉）Unit 8 A Life Saver or a Life Sentence.pptVIP

下载本文档

197
0
约7.47千字
约 15页
2017-03-14 发布于江西
举报
版权申诉

商务翻译（英译汉）Unit 8 A Life Saver or a Life Sentence.ppt

1、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。。
2、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击这里二次下载。
3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。
4、该文档为VIP文档，如果想要下载，成为VIP会员后，下载免费。
5、成为VIP后，下载本文档将扣除1次下载权益。下载后，不支持退款、换文档。如有疑问请联系我们。
6、成为VIP后，您将拥有八大权益，权益包括：VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
7、VIP文档为合作方或网友上传，每下载1次，网站将根据用户上传文档的质量评分、类型等，对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档

【Translation】 Growing numbers of first-time buyers desperate to get on the housing ladder but struggling to afford sky-high house prices are being encouraged to tie themselves into mortgages lasting 35, 40 or even 45 years. With today’s buyers requiring ever-larger home loans, some banks and building societies have come up with a clever trick for bringing the dream of home ownership within their reach: increasing the term of the loan in order to reduce the monthly payments. But it’s a trick with a nasty catch. While your monthly outlay will be lower, by the time the deal comes to an end you’ll have paid far more — perhaps an extra BP 150,000 — than if you had a standard 25-year mortgage. On the face of it, the maths of mortgage stretching looks pretty good. If you signed up for a BP 200,000 home loan to be paid back over 25 years, you would pay BP 1,140 a month in the first two years and BP 1,329 a month for the remainder of the term, assuming a two-year tracker rate of 4.79% which then converts into a 6.5% standard rate. That monthly repayment after two years falls to BP 1,157 — a saving of BP 172 a month or more than BP 2,000 a year — if you increase the term to 40 years. For those with tight finances, that BP 172 a month saving could be the difference between getting on the property ladder and being forced to continue renting. But those lower payments come at a price. After 25 years, you would have handed over a total of BP 394,241 in mortgage payments, based on the above example. But with a 40-year term, the total amount repaid soars to BP 549,931. Some might say that if house prices continue to rise in excess of earnings, the only way repayments can remain affordable is by increasing the term of the loan. But others will say this is a ticking timebomb, (reminiscent of the tactics used by those loan consolidation companies that offer people the chance to bring all their debts together into “one easy payment” that is substantially less than their current monthly