Repayment

Your home may be repossessed if you do not keep up repayments on your mortgage.

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.

Mortgage/Equity Release Enquiry
Mortgage Calc

Trigon Financial Solutions Ltd - MARQUIS HOUSE, 68 GREAT NORTH ROAD, HATFIELD, HERTS, AL9 5ER

Tel: 01707 251 253Fax: 01707 251 254Email: info@trigonsolutions.co.uk

Registered Office: Magnus House, 60 St. Leonards Street, Hatfield, Stamford. PE9 2HU
Registration number: 4643439
Registered in: England

Trigon Solutions Ltd is part of The Trigon Solutions Group of Companies.

Trigon Financial Solutions Ltd is an appointed representative of Landmark IFA Ltd, which is authorised and regulated by the Financial Conduct Authority. Firm reference number 225538.

You can check this on the Financial Services Register by visiting the Financial Services Register's website www.fsa.gov.uk/register/firmSearchForm.do or by contacting the Financial Services Register on 0845 606 1234.

The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.