As part of our role as your financial adviser, we will calculate your budget to work out how much you can afford each month

Along with this, we will give you an indication of the likely cost of an increase in interest rates.

These calculations will help us work out a suitable mortgage term and repayment type for you

These calculations will help us work out a suitable mortgage term and repayment type for you.

Mortgage Term- Your mortgage term in essence is how long you will be required to maintain repayments. With larger mortgages, the longer the term, the lower the repayments. Your budget will give us an indication of how long or short your mortgage term should be to keep the repayments comfortable.

Repayment Types- When choosing a mortgage, it’s important to not only look at the interest rate and fees you’ll be charged but also what type of repayment you want. Generally speaking, there are three ways you can repay your mortgage; repayment, interest-only or a combination of the two. Please click here for more information on repayment types.