Residential Mortgages
Castle Independent Mortgages can offer you a comprehensive range of residential mortgages designed to suit your individual needs. We can cater for all purposes and circumstances. With such a large array of options available, you need to know which of these options is right for you. Our expert mortgage consultants will find the best mortgage deal for you, one that provides value for money and meets your personal circumstances.
We have access to a full range of mortgages, from fixed rate mortgages that are suitable for those who want to be sure of their finances and costs, to flexible mortgages that give the borrower a degree of freedom with the repayments.
All mortgages are in effect secured loans that use your house as the collateral, and while they all have this in common, there are some major differences between the various types available. Two of the most popular types are repayment and interest only mortgages, the former of these decreases each month as you make a payment and so your outstanding mortgage becomes increasingly smaller. In contrast, with an interest only mortgage, the monthly payments only cover the interest being charged on the loaned amount, and in order to clear the debt the borrower has to make additional capital repayments.
There are so many different mortgages available, including capped rate, tracker, fixed rate and flexible in addition to those mentioned above. The one that is best for you will depend on your circumstances and what your future plans are, for example flexible mortgages are particularly suitable for those with variable incomes, whilst fixed rate are good for those who want to know exactly what their mortgage will cost them each month.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS
ON YOUR MORTGAGE.
Castle Independent Mortgages Ltd is authorised and regulated by The Financial Services Authority. Registered in England No. 5041414. Registered office: 01 Bank Plain Norwich NR2 4SF
This site is intended for UK residents unless otherwise stated.
