As with endowment and pension mortgages, an ISA mortgage involves two sets of regular payments: interest payments to the lender and payments into an Individual Savings Account, or ISA.

ISAs give you the potential of earning money on your investment without paying income tax or capital gains tax when you take your money. But ISAs are limited in terms of the amount you can invest and they are not guaranteed to grow enough to pay off your mortgage - you may be left with a shortfall to find.

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