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Charity News

Bragagnini Associates Mortgage Solutions and Financial Solutions believe in giving something back and each year we pick a nominated charity to raise funds for : These have included charities such as “Make a Wish Foundation” and “The Henry Allen Trust” to name a few. We have various events organised to raise funds, including our annual golf day and we are very proud to continue supporting worthwhile causes.

Interest-Only Mortgage

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Interest-only mortgages mean you only cover the monthly interest payments on your loan while the actual mortgage balance remains outstanding.

At the end of the mortgage term, typically 25 years, the total amount of the loan is repayable; therefore, in addition to covering the monthly interest payments, you should make a contribution to some form of investment or savings scheme which is designed to repay the principle portion of the mortgage.