You borrow a lump sum over a fixed period of time (usually 25 years, but it can be less). You pay the interest and some of the capital on a monthly basis to the lender.

ADVANTAGES: The only way you can be 100% certain the loan will be repaid (provided you keep up with the repayments.)

DISADVANTAGES:Only a small amount of capital is paid off in the early years.

Your home may be repossessed if you do not keep up repayments on your mortgage.

<< back

Repayment Mortgage

Anglia Financial logo
CALL US NOW 01638 577702
Home:: About Us:: Mortgages:: Life:: General:: Health:: Investments:: Pensions:: Corporate:: Tax:: Site Map
Calculators Small vertical blue line separating links. Jargon buster Small vertical blue line separating links. Privacy Small vertical blue line separating links. How we are paid Small vertical blue line separating links. Enquire now Small vertical blue line separating links. Contact us
jargon buster
Anglia Financial Ltd is Authorised and Regulated by the Financial Services Authority.Anglia Financial Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 456088