23 Austin Friars, London, EC2N 2QP
+44 203 750 0001
info@austinfriars.city
Repayment Types
Pension Mortgage
With a Pension Mortgage, you will pay each month the interest of the loan to the lender. The loan is repaid from the tax-free lump sum that both private and company pensions provide on retirement. This repayment type is tax efficient but there are other risks to consider. A pension is intended to finance your retirement so you will need to take advice and consider whether this mortgage is right for you. There is also no guarantee that the tax free lump sum will be enough to repay your mortgage at the end of the term.
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.
With a Pension Mortgage, you will pay each month the interest of the loan to the lender. The loan is repaid from the tax-free lump sum that both private and company pensions provide on retirement. This repayment type is tax efficient but there are other risks to consider. A pension is intended to finance your retirement so you will need to take advice and consider whether this mortgage is right for you. There is also no guarantee that the tax free lump sum will be enough to repay your mortgage at the end of the term.
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.