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Capital And Interest ------------------------------------------------------------------------------------------------------------------------------------ A capital and interest mortgage is one of the most usual types of mortgage . The monthly repayment made by the borrower includes a repayment of capital borrowed and an amount for the interest charged. At the start of the mortgage most of the payment is used to cover the interest only and only a small amount is paid towards reducing the mortgages capital. The capital and interest mortgages or sometimes known as the repayment mortgage pays back both the interest and the capital. You own the property at the end of the mortgage term. This is often the most popular mortgage sold in the UK. AS the risk is very small and the customer always knows where they stand. Your home may be repossessed if you do not keep up repayments on your mortgage. We charge broker fees of up to 1% of the mortgage advance depending on the client circumstances. Typically our normal fee is £199. Any fee charged only becomes payable on completion of the mortgage.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Grosvenor Partners Financial Services Ltd is an appointed representative of The M&E Network Ltd, which is authorised and regulated by the Financial Services Authority. The M&E Network Ltd is entered on the FSA register under reference 150643 The guidance provided within this website is subject to the UK regulatory regime and is, therefore, primarily targeted at consumers based in the UK. This site does not confer any form of personalised financial advice, should you wish to receive specific financial advice please contact us. Website © Net Directory Ltd. All rights reserved.