- The outstanding amount stays the same
You're not paying back any of the capital you borrowed each month, just the interest for the loan period. - At the end of the mortgage term, you pay back the whole capital amount in one lump sum
You will need to pay the outstanding amount in one lump sum at the end of the period. - Our Capital Repayment Option pays the interest and the money borrowed
With an interest-only mortgage you need to pay the lump sum back at the end of the loan, so you do need to set up some way of saving that amount. If you prefer paying both the interest and the capital, have a look at our Capital Repayment option.
Easy Base Rate Tracker |
Here is how it works
- You get a discount on your agreed rate of interest
It is shown as a percentage, e.g. 2% below your rate for 12 months.
- You can borrow up to 100% of your property value
Of course depending on your circumstances, we could lend you up to 100% of the value of your property.
- Choose from discounted payments over 12 or 24 months
- Simply continue with your arranged rate afterwards
When your discount rate period ends, your interest rate will revert to the variable interest rate at that time
- You have a choice between two repayment options
You can choose between repaying back only the interest on the capital (the amount borrowed) with our interest only option until the end of the mortgage period, or you can decide to repay both the capital and the interest with our capital repayment mortgage.
- call now on 07999 00 5000 or email mortgage@easydosh.eu
- As much as you can afford to pay.Yes, but there may be fees to pay to cover the administration involved in redeeming the mortgage early, plus the costs that we incur by repaying the money we borrowed to give you your mortgage. If you're redeeming your mortgage to take out another mortgage with us (such as to move to larger house), we may waive or reduce the fees.Payment Protection Plan Insurance, which covers your monthly payments if you're unable to work due to accident, sickness or unemployment is available.Yes. We offer competitive rates based on your individual circumstances so if you've got a good record, you'll get a rate to match.No. We consider everyone's circumstances such as:
You have County Court Judgements (CCJs)
You're self-employed
You have no conventional proof of income
You have been in arrears with a mortgage
You have previously been bankrupt
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Commercial Mortgages available at virtual residential prices
Call now on 07999 00 5000 or email commercial@easydosh.eu
