Capital and Interest
Both Capital and Interest are paid back to the Lender (Bank or Building society) over a specific time.
At the end of the time (Term) the borrower owes nothing. This is called a Capital and Interest (Repayment) mortgage.
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Disclaimer: Your home may be repossessed if you do not keep up repayments on your mortgage.
I may charge a fee of up to 1.5% of the loan amount for arranging your mortgage. The precise amount will depend on your circumstances, but a typical fee would be £300.
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Telephone: 07818 086390 e-mail: mortgage@adrianmcclaren.co.uk