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An Interest only mortgage repaid by an Pension fund.
Pension mortgages are a tax-efficient method of funding a mortgage. Under current tax law, you will get tax relief on pension contributions and your pension fund grows virtually free of tax. This does mean that you will not repay your mortgage until you reach retirement age, and it must be remembered that funds need to be large enough to provide a good pension too.
Your property may be repossessed if you do not keep up repayments on your mortgage.
MSOL is a trading name for Mortgage Solutions.
Mortgage Solutions is authorised and regulated by the Financial Conduct Authority for residential mortgages and non investment insurance business.
Loans subject to status - For UK residents only.
The Financial Conduct Authority does not regulate some investment mortgage contracts. Calls may be recorded for training and compliance purposes.
FCA registration number is 303379.
Mortgage Solutions Tel: +44 1305 776311 email:admin@msol.co.uk