Repaying a Mortgage

There are two ways to repay your mortgage, either by a capital and interest (repayment) route or alternatively an interest only method.

The repayment mortgage is considered the safest route. You repay the loan by paying the interest and some of the capital each month to the lender, slowly reducing the amount you owe. Providing payments are maintained, the loan will be repaid at the end of the term.

The monthly repayments on an interest only mortgage represent only the interest due to the lender and do not include repayment of capital. You may therefore need to set capital aside or arrange an investment contract, which can be used to repay the capital by the end of the mortgage term. This is a more speculative method of repaying your mortgage as you are relying on the investment return to meet its target.

For more information about Jeffreys Henry Financial's range of mortgage options, please call 020 7371 5244 or email info@jeffreyshenryfinancial.co.uk


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Jeffreys Henry Financial Services
5-7 Cranwood Street

Tel: 020 7371 5244
Fax: 020 8371 3112
E: info@jeffreyshenryfinancial.co.uk


Jeffreys Henry Financial Services Limited is an appointed representative of Vintage Wealth Management Limited which is authorised and regulated by the Financial Conduct Authority. Number 593380.  Incorporated in England and Wales.  Company number 03824520.  Registered Office: 5-7 Cranwood Street, London, EC1V 9EE. Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk.

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Tel: 020 7371 5244
Fax: 020 8371 3112
E: info@jeffreyshenryfinancial.co.uk