Your home may be repossessed if you do not keep up repayments on your mortgage.
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Repayment Methods

There are two main ways to pay off a mortgage which are known as "repayment" or "interest only" mortgages:


With a repayment mortgage you make monthly repayments covering both the interest and a portion of the loan over an agreed period (the term) until you've paid back both the loan and the interest

Interest only

With an interest only mortgage you make monthly repayments over an agreed period that only covers the interest on your loan. However, you will still have to pay off the full loan at the end of the term.

You may also benefit from placing part of your loan as repayment and the other part as interest only. We will advise you on the best course of action.

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  • Our recommendations will be made on a comprehensive and fair analysis of the mortgage market.
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Telephone:028 8225 0000 Mobile: 077 7188 4633
Address: 36a High Street, Omagh, Co. Tyrone BT78 1BP

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