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Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.

CARA Mortgage Services is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.

CARA Mortgage Services. Registered Office: 1 George Square, Castle Brae, Dunfermline, Fife, KY11 8QF. Registered in Scotland Number: SC312023

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