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Directory of Mortgage Brokers in Luton, Bedfordshire

A mortgage is a loan you take out to buy property. Most banks and building societies offer mortgages, as well as specialist mortgage lending companies. If you change lenders but dont move home its referred to as a Remortgage.
You can get a mortgage direct from the lender (banks, building societies and specialist mortgage lenders), or you can use a mortgage broker. You can buy based on information only or get advice and recommendation on a mortgage that suits your particular needs.
The two main ways to repay your mortgage are repayment and interest only. With a repayment mortgage you make monthly repayments for an agreed period (the term) until youve paid back the loan and the interest. With an interest only mortgage you make monthly repayments for an agreed period but these will only cover the interest on your loan (endowment mortgages work in this way). You will normally also have to pay into another savings or investment plan that will hopefully pay off the loan at the end of the term.

A list of Mortgage brokers in Luton, Bedfordshire is listed below.


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