It does not contain any form of savings, so there is no possibility of additional return or early repayment. However, the mortgage could be repaid early if payments are increased. You may need to take out separate life cover to ensure the mortgage can be repaid if you die. You should consider the benefits of income protection and or critical illness insurance cover, should you become ill and be unable to work. Click here now to find out how we can help you through the mortgage mine field to the best deal for YOU!
All our advisors at MLM are trained to the highest standard possible to ensure they are able to find the best deal for your financial circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.