Repayment Methods Explained

A Repayment method is a way of determining how you will repay the money that you borrowed from the bank to buy your new home or remortgaged. Your monthly direct debit may be made up of just interest charged on the loan, known as an Interest Only Mortgage or may include some of the money that you borrowed so your loan is reducing, known as a Repayment Mortgage.


If you are in a position now where your mortgage is due to be repaid and you do not have the means to repay it, please call us and one of our adviser will guide you through possible solutions.

Only a qualified Financial Advisor, can give you advice on pensions and investments, they will be able to give advice on the most suitable of these methods for your circumstances. They will calculate and let you know how much you need to pay into your investment plan to ensure you have sufficient money to repay the mortgage at the end of the mortgage term. If you do not have a Financial Advisor, we will be happy to recommend one.