Capital & Interest Mortgages
This is the simplest type of mortgage, where the monthly payments go towards both the capital and the interest from the loan.
Your monthly repayments will be worked out depending on the length and amount of the loan, the interest rate and how the rate is set.
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments. Think carefully before securing other debts against your home. Equity released from your home will be secured against it. Your home may be repossessed if you do not keep up repayments.
Ms Rees, London
Brilliant working with you
Jill, it’s been brilliant working with you on obtaining a mortgage. You have been really proactive and supportive in organising it, and liaising with the various bodies involved. Thank you so much
