Types of Mortgage
There are various ways to repay your mortgage. Here is a brief outline of the more popular repayment methods, and their advantages and disadvantages.
- Repayment mortgage
- Interest-only mortgage
- Endowment Mortgage
- Pension Mortgage
- Individual Savings Account (ISA)
With all these ways to repay your mortgage, then (with the exception of the repayment method), regular reviews should be carried out to ensure you have sufficient funds to repay your mortgage loan at maturity.






