What is a repayment mortgage?
A repayment mortgage is a mortgage (home loan) that your monthly payment will repay a portion of the capital borrowed and interest. Over the term
What is a credit score?
A credit score is a numerical value that you are assigned based on your credit history and creditworthiness. There are three main Credit Scoring Agencies:
Can I pay off my mortgage early?
Yes, you can. However, if you are still within your initial fixed rate, you might need to pay an Early Repayment Charge (EPC) if you
How much deposit do I need?
The minimum deposit you will need is 5% of the value of the property. However, this might be restricted to the lower value properties and
How much will my mortgage cost each month?
The monthly payment on your mortgage will depend on several factors: how old you are and how long you can have the mortgage for, your
How much can I borrow?
There is no definite answer. It will depend on your income, your savings, credit score, your outgoings and your family situation. The simple rule is
