Types of Mortgages & Transactions:

There are different types of mortgages available. This is to suit many different situations / lifestyle requirements. These are some of the most popular mortgages explained. Click on the type for more of an explanation:

With a repayment mortgage, also known as a capital repayment mortgage, you make monthly payments which contribute towards the total amount borrowed and the interest payable.

Repayment mortgages are repaid over a specified period. Assuming you continue to make all your monthly contributions in full, the mortgage is guaranteed to be paid off in full at the end of the arranged mortgage term.

During the early years of the mortgage, the majority of each monthly payment goes towards paying the interest owed. The amount paid off each year increases as the mortgage term progresses.

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

For mortgage advice you can choose how we are paid: pay a fee, usually 1% of the loan amount or we can accept commission from the lender
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Sesame is entered on the FSA register (www.fsa.gov.uk/register) under reference 150427.

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore restricted to consumers within the UK