Most mortgages are for 25 years. However, some lenders will allow mortgages of up to 30 years or may ask you to have a shorter term, for example 20 years. The mortgage length may affect your monthly mortgage repayments.
Take a look at our repayment calculator to see how much a mortgage could cost you, depending on how much the house you are wanting to buy is, the deposit you have available, the interest rate and repayment length.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Our initial mortgage consultation is free. We will charge a fee between £399 and £999 that is payable on application. The amount we will charge is dependent on the amount of research and administration required. We reserve the right to charge a subsequent fee of £99 for each further application that may be required.
This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment to receive mortgage advice suitable for your needs and circumstances.