A mortgage is a loan taken to pay for the purchase price of a property.

There are 2 main types of mortgages: Repayment mortgages & Interest-only mortgages

If you don't repay the loan as agreed, the lender can take possession of the property and sell it to recoup the money you owe.

The loan is made up of 2 elements:

The capital - the amount of money you borrowed to buy your property, and...
The Interest - the amount the mortgage lender charges for lending you the money
Mortgage Advice

Move2 Homes are delighted to offer a free impartial Mortgage Advice Service. Book an appointment with one of our advisors who will search for a deal to suit you and also save you loads of money.

Please visit us at the branch or alternatively call us to see how we can assist. We can also recommend independent mortgage brokers who will help you find the best deal in the market no matter what your circumstances. Whether you are a First Time Buyer, Home Mover, Self Employed, Investors and those with Adverse Credit they have it all covered.