Your location: How mortgages work
This content applies to England only.
Housing laws vary between England and Scotland. This page applies to England only. Get advice relating to Scotland
This section explains the different repayment and interest options that are available for people who need a mortgage. It also gives information about joint mortgages, mortgage protection and government standards on charges, access and terms.
Repayment options
The first choice is between a repayment mortgage and an interest-only mortgage. Read more 
Interest options
Interest rates can work in many different ways. Read more
Joint mortgages
How much you can borrow will depend on both your incomes. You need to think carefully. Read more
CAT standards
These are mortgage standards set by the Government. CAT stands for charges, access and terms. Read more
