Tag: capital repayment
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What is a Mortgage in Scotland? What is the difference between Interest Only and Capital Repayment? What Type of Mortgage Should I Choose
Many property buyers in Scotland simply don’t have enough cash sitting around to purchase a property without taking a loan. The most common form of a loan that property buyers in Scotland take is a mortgage. But what are the different types of mortgage: interest only vs. capital repayment, variable rate vs. fixed rate, and…