Pension Mortgages

Only available if you are not in a company scheme. 25% of your pension fund can be taken as tax free cash, which is used to pay off the mortgage. Tax relief is granted on the premiums, but seperate life cover is required.

They tend to be the most expensive way to repaying a mortgage, but can be the ideal mortgage for the self employed or company directors. Again repayment of the mortgage is not guaranteed.

 

 

 

 

 

 

 

 

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
View Terms of Business | Site Designed By Taylored Webs Direct