These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
Not only do you need to consider which mortgage is best for you, you also need to think about which interest rate options are most likely to suit your needs. This section has information on the various types of mortgage product which are available.
A MORTGAGE IS A LOAN SECURED AGAINST YOU HOME OR PROPERTY. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
FOR ESTABLISHING YOUR NEEDS, UNDERTAKING RESEARCH, MAKING A RECOMMENDATION, AND THEN MANAGING YOUR APPLICATION(S) WE TYPICALLY CHARGE AN OVERALL FEE OF £490.
People buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
A flexible mortgage is a product that can make the traditional British mortgage with its fixed and inflexible payment schedule over a fixed term, such as 25 years, look like a bit of a dinosaur. This short guide explains why a flexible arrangement may benefit you.
Remortgaging means switching your mortgage to another deal with another lender without moving property.