Contractor

Do you have any gaps in your contracting period? *yesno

How many financial dependants do you have?

What is the estimated value of your property?

What is your current estimated mortgage balance?

Are you considering releasing funds for home improvements, debt consolidation or a special occasion?

Do you prefer variable or fixed payments?

*A variable payment may fluctuate as market interest rates change. **Fixed or capped payment that will allow you to know your maximum monthly payment each month.

What monthly mortgage payment are you comfortable with?

Do you want the certainty of your mortgage being settled at the end of the term?

With a repayment mortgage, you are guaranteed to repay the full mortgage loan by the end of the mortgage term, provided you maintain your repayments in full each month.

With an interest-only mortgage, you are only paying the interest to your lender each month. You don't pay off any of the capital that you have borrowed. You need to have separate arrangements in place to pay back the capital at the end of the mortgage term.