Repayment Mortgage - Repayment mortgage refers to a mortgage where monthly repayments include the principal of the loan, in addition to the interest. Repayment mortgage products are generally available for most mortgage types, including residential, buy-to-let and most niche packages. Repayment mortgages are often more cost-effective in the long term, as the borrower will pay interest on a decreasing loan size. In addition, a repayment mortgage can enable borrowers to increase their equity in a property without relying on increasing house prices.
Repayment mortgage products are usually available with a wide range of interest rate structures. These may include fixed, variable and tracker rates. Capped rate repayment mortgage deals have more recently entered the market and discount rate repayment mortgages may be available for first time buyers.
At Capital Fortune, we offer personalised mortgage assistance to clients with a range of needs and requirements. As a comprehensive panel of lenders mortgage broker, we source deals from a variety of repayment mortgage lenders and offer impartial advice. We have built up strong industry contacts and are often able to source repayment mortgages that are not available on the High Street.
Through our substantial experience working with a range of repayment lenders, we are able to offer advice on the repayment mortgage which best suits your particular circumstances. We analyse the available repayment mortgage packages to ensure we recommend the most affordable repayment mortgage, including hidden costs and charges. We can save you time, money and hassle on your repayment mortgage search.
Call our mortgage broker team now on Mortgage Enquiry Online. As part of our service, we will call you back.or complete the