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Mortgage

Most of us do not buy our homes for cash - instead we borrow money to do so.

If you're looking for a home loan, you'll see a variety of offers available, including fixed rate, capped and discount schemes.

You'll also hear references to Endowment, ISA mortgages, pension mortgages and repayment mortgages.In legal terms, a mortgage is a deed pledging freehold or leasehold property as security for a loan. The lender advances money and receives certain rights, including the authority to sell the property if repayments are not maintained.

Remember your home is at risk if you do not keep up the repayments on a mortgage or other loan secured on it.

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Your home may be repossessed if you do not keep up repayments on your mortgage. Site Last updated 13th July 2005. © Martin Mortgages, Stableford Lodge, Jaras Drive, Baschurch, Shropshire SY4 2DH Martin Mortgages Ltd is an appointed representative of Thinc Assured Network Limited which is authorised and regulated by the Financial Services Authority. This site is intended for UK Consumers only. Our typical fee for advice is 1% of the mortgage advance or £500 whichever is the greater. The overall cost for comparison is 8.4% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Not all buy to let mortgages are regulated by the Financial Services Authority. Think carefully before securing other debts against your home. Please note Commercial Mortgages are not regulated by the Financial Services Authority.
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