T: 01592 773 772

E: enquiries@clearfs.co.uk

gradient decorative bar above navigation

Repayment

Mortgage Repayment Solutions Glenrothes Fife

How does it work?

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

ADVANTAGES:

Some flexibility with repayments.
The only way you can be 100% certain the loan will be repaid, providing repayments are maintained.

DISADVANTAGES:

Monthly mortgage payments may be higher than interest only mortgages covered by an investment/life assurance to repay the capital.
Only a small amount of capital is paid off in the early years as the monthly mortgage payment consists of a higher proportion of interest to capital repayment.

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

Depending on the complexity of your case there may be a fee for mortgage advice, typically this fee is £395.

Mortgage Enquiry
Mortgage Calc

Top of Page

Company address: New Law House, Saltire Centre, Pentland Court, Glenrothes, Fife, KY6 2DA
T: 01592 773 772
M: 07733 450 036
F: 01592 774757

Email: enquiries@clearfs.co.uk

Registration details: 1 George Square, Castle Brae, Dunfermline KY11 8QF
Registration number: SC312023, Scotland

Clear Financial Solutions (Scotland) Ltd is an appointed representative of TenetLime Ltd, which is authorised and regulated by the Financial Services Authority and entered on the FSA register (www.fsa.gov.uk/register) under reference 311266.

Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage. Depending on the complexity of your case there may be a fee for mortgage advice, typically this fee is £395.

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.