Repayment mortgages.

With a repayment mortgage your monthly repayments cover both capital and interest on the loan. No other repayment vehicle is needed, but your lender may insist on life insurance in case you die before the mortgage is cleared.

On the plus side, a repayment mortgage is simple, straightforward and easy to understand. It also avoids the risk of investing in the stock market for your repayment vehicle.

However, unlike a pension, ISA or endowment mortgage, repayment loans do not give you the opportunity to benefit from a rising stock market. Also, when remortgaging, people often choose another 25 year repayment mortgage, to keep the initial monthly costs down. This means that the overall total period of your mortgage debts combined increases over time.

This is where we can help!

We can advise you on the best mortgage provider and mortgage product for your personal requirements. We can either provide you with a repayment mortgage quote, telephone you to discuss your repayment mortgage requirements and even arrange a face to face meeting in your own home or at work with a local independent mortgage adviser.