Buying a home is one of the biggest financial decisions you’ll make.

That’s why we’ve produced this guide to help you understand what you need to think about when buying your home or remortgaging. You’ll find a range of information explaining mortgage terminology, the costs involved and how to protect your home and family.

More than just the mortgage

Buying a home is a big commitment, so your adviser may talk about the options around helping to protect your home, belongings, health and loved ones…

Borrowing to buy your home

When you buy your home, you’ll probably need to take out a loan to pay for it. A mortgage is a loan that’s secured against your home…

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Costs involved in buying a home

Have a look at our helpful guide…

How much can you borrow?

You’ll need to find out how much you can borrow before making an offer on a property. Make sure you’re realistic in what you can comfortably borrow and that you can afford…

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Ways to repay your mortgage

There are two styles of mortgage repayment – ‘Repayment’ and ‘Interest Only’…

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How is interest charged and paid?

There are lots of different interest rate options offered by lenders…

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Common features of a mortgage

We’ve listed and provided a brief explanation of some terminology you’re likely to come across when buying a home…

Your home insurance

It’s always a good idea to put some protection in place against any loss or damage to the things you own.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Compliance

Steve McKernan trading as Castle Mortgages an Appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited. Advantage Funding Limited is authorised and regulated by the Financial Conduct Authority.

The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.

Fees and charges

The cost of your initial consultation will be met by us . We charge a fee based on the complexity of your application and how much work is required and this is only payable when we have found a solution for your needs. This will be discussed with you at your initial appointment. A typical charge will be £595