It is important to understand that lenders may charge you to repay your mortgage early.  It is vital that you know how much these charges are and for how long they apply, they are part of the deal being offered.

Generally, the more attractive the deal which is being offered then the harsher the repayment terms.  This may not be a problem, because if the deal is attractive then you should not need to repay early.  It is quite common that early repayment charges apply for only the early years on the mortgage.

We make all early repayment charges obvious to our clients and point them out as part of the deal being offered by the lender.  They are an important part of the deal, especially if you may want to change lender in the future.