There are basically two different ways of setting up the repayment of your mortgage, Capital Repayment and Interest Only. With Capital Repayment you pay a monthly amount to the lender consisting of interest and capital, and at the end of the chosen mortgage term your loan will be repaid. With Interest Only you just pay the interest to the lender and arrange to repay the loan yourself, either through a specific investment plan or via lump sums from bonuses, savings, Pension tax free cash, inheritance etc.

* Your property may be repossessed if you do not keep up repayments on your mortgage

For Mortgages we can be paid a fee, typically £500 or by commission.