Financial Guide

Pension Plan

Life assurance cover is provided and monthly payments are made into a pension fund.

The Individual Savings Account (ISA) is a tax free method of saving.

This is the most common type of interest only mortgage which also provides life assurance cover and a fixed payment for investment.

With this type of mortgage, only the interest is paid off with each mortgage payment.

Also known as a 'Annuity Mortgage'

This is where the capital of the mortgage and the interest of the mortgage are paid in monthly instalments.

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