Call us on 01664 414141 between 9am and 6pm Monday to Friday and 9am and 12pm on Saturdays

Key Facts Explained

Taking out a mortgage is a big financial commitment so it’s important to know what you’re doing and how mortgages work. You must also be sure that you can afford the repayments.

A mortgage is a loan taken out to buy property or land. The loan is ’secured’ against the property, which means that if you fail to keep up the repayments on the mortgage – called falling into ‘arrears’ – the lender could repossess your home. Most mortgages run for 25 years but the term can be shorter or longer.

Our Guide to mortgages will help you choose the right mortgage and understand the mortgage process and implications of your financial and legal commitments. Please click here for our handy Guide to mortgages.

For further information and key facts about mortgages please visit the Money Advice Service website.

Click here for a summary of our Mortgages Join the Wildlife Trust for £10 - Call in to your local branch Mortgage Calculator - Compare our mortgage products and monthly payments

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Call one of our friendly advisors on 01664 414141. Opening hours 9am to 6pm Monday to Friday and 9am to 12pm on Saturday.

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