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If you're interested in a mortgage or just want to know what we can do for you, simply fill in your details below. An advisor will be in touch to discuss your requirements. For further details, please refer to the Contact us page.

Why choose us...

The entire process was painless, the service was unsurpassed – being contacted frequently and offered assistance and guidance along the way - and We know Mortgages certainly know how to identify the needs of their clients and assist them in every way!

I would highly recommend their services to anyone at any time!

Marlene Nicholls (London)

I found this company really easy to deal with. Their consultants are very professional and extremely helpful. Nothing is too much trouble and they are always trying to give you the best price but using reputable companies. I highly recommend them for any policies you might need. Thank you! Maria

Maria Marco (Lancaster)

I can highly recommend 'We Know Mortgages Ltd'. I purchased life insurance with Aviva. No hassle, straight forward and a good price too! The service was very professional and I would use them again.

Clare Robinson (Preston)

The service from We Know Mortgages comes second to none! From initial consultation to contract exchange the communication, assistance and advise from We Know Mortgages was fantastic. The portfolio of products available through We Know Mortgages is extensive saving me time and money. I fully endorse their service and would recommend We Know Mortgages to anyone looking for a mortgage, insurance or life cover.

Mark Merry (Preston)

Repayment mortgage

Repayment Mortgage

The most common type of repayment vehicle is a capital and interest (or repayment) mortgage; whereas under this arrangement, the borrower makes a single payment to the lender each month consisting of:

Interest – charged on the outstanding capital. The interest repaid starts at a relatively high level and reduces year by year;

Capital – initially this makes up a very small amount of the monthly payment but over time, the capital element makes up a greater proportion of the payment.

The main advantage of this mortgage repayment vehicle is the outstanding debt is guaranteed to be paid off providing the monthly payments have been paid throughout the term.

On application, applicants are able to opt either a capital and interest mortgage or another type (see interest only); however many applicants choose a capital and interest mortgage; as it’s the more popular and suitable. Mortgage advisors would prefer to see applicants on this type of repayment (capital and interest mortgage) where the outstanding mortgage loan amount is guaranteed to be cleared at the end of the term.

From 2014, regulations have tightened regarding interest only mortgages and most applicants will have to opt for a Repayment mortgage for a residential purchase, unless they have a credible repayment strategy in place for the capital element.

If you require advice on capital and interest mortgages or looking to switch to a repayment mortgage, please speak to one of our experienced mortgage advisers. The repayment vehicle is fundamental to the mortgage plan.

A mortgage is a loan secured against your home or property. Your home may be repossessed if you do not keep up repayments on your mortgage.

Contact Details

We Know Mortgages Ltd
111 Piccadilly
Ducie Street
M1 2HY
Tel - 0161 242 6878
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