A repayment mortgage is the most common type of mortgage and the most traditionally used. It allows people to borrow a fixed amount of money and have the certainty and peace of mind knowing that after the term expires (typically 25 years) then the debt will be repaid and you will own your home outright.
Repayment mortgages are promoted by all lenders and can be used by a wide variety of people.
We have a range of calculators to help make things simpler for you, from calculating payments to understanding how much your stamp duty may be. These calculators are for guidance purposes only.
Our mortgage brokers offer mortgage advice on a wide variety of mortgages, more detailed information about the different mortgages can be found below.