Repayment Mortgage PDF Print E-mail


 

The majority of mortgages are set up on this basis, a capital and interest mortgage is the term also used.  How it works is: You borrow money from an institution and you agree to repay that money over a number of years.

 

Each month you will pay interest on the money you owe and you will also repay some of the capital (the money you borrowed in the first place).  This means that providing you meet the monthly repayments the mortgage will be repaid at the end of the agreed term.  Nice and simple.

 

To arrange your personal consultation visit our contact page, or call Richard on 0845 430 8676

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Roxburgh Financial Management is an appointed representative of Personal Touch Financial Services Limited, which is authorised and regulated by the Financial Services Authority.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE


WE DO NOT NORMALLY CHARGE A FEE FOR MORTGAGE ADVICE, HOWEVER THIS WILL BE DEPENDENT ON YOUR CIRCUMSTANCES. IF A FEE IS CHARGED OUR TYPICAL FEE IS 0.5% OF THE LOAN AMOUNT


SOME OF THE ABOVE PRODUCTS AND SERVICES MAY NOT BE, OR ARE NOT, REGULATED BY THE FINANCIAL SERVICES AUTHORITY.


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