FOR INFORMATION ONLY - WHILST WE DO NOT ADVISE ON THIS AREA WE CAN REFER ENQUIRIES TO TRUSTED THIRD PARTIES.
Your monthly payments represent only the interest due to the lender, and do not include repayment of capital.
Lenders require evidence that a customer will have in place a clear, credible repayment strategy and that the repayment strategy has the potential to repay the capital borrowed.
Repayment strategies may include deposits or investment product(s), pension(s), periodic repayment of capital from irregular sources of income (i.e. bonuses), the sale of another property or other land or other acceptable methods which meet lending criteria.
Where the repayment of capital is an investment, the investment runs alongside the mortgage but is separate from it, the cost should be taken into account when calculating the overall costs of the mortgage arrangement.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
TAX TREATMENT IS BASED ON INDIVIDUAL CIRCUMSTANCES AND MAY BE SUBJECT TO CHANGE IN THE FUTURE.
TAX PLANNING ADVICE IS NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.
Mortgage Office: 14 Park Road, Crouch End, London, N8 8TD | T: 020 8292 6556 E: info@crystallife.co.uk
IFA Office: Suite 243, Kinetic Business Centre, Theobald Street, Borehamwood, Hertfordshire, WD6 4PJ | T: 01923 333199 E: info@crystallife.co.uk
The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Crystal Life Ltd is an appointed representative of The On-Line Partnership Limited, which is authorised and regulated by the Financial Conduct Authority.
Registered in England and Wales. Registered No. 3687985.
Registered office address: First Floor, 677 High Road, North Finchley, London, N12 0DA
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