A KFI is a detailed illustration of the mortgage costs, including a breakdown of how payments are made up, details of the mortgage product, charges/fees, Early Repayment fees and any other associated costs.

A KFI is used for mortgages that are regulated by the Financial Services Authority. A KFI confirms the information that you have provided about yourself and the type of mortgage that you are looking for. You have the right to receive a KFI before committing yourself to any Financial Services Authority regulated mortgage and it is important that you check it carefully to make sure that the mortgage on offer is what you want.