Mortgage Types

Morgage Types

TypeDescriptionAction
100 Percent mortgagesAlthough 100 per cent mortgages are now very rare, there are still plenty of competitive low-deposit mortgage products available
Bad Credit mortgagesBad credit mortgages offer affordable borrowing solutions to applicants with a poor credit history, even if they have been refused credit elsewhere
Buy-to-Let mortgagesFor a buy-to-let mortgage to offer investment opportunities and income supplementation, you must find the best option for your requirements
Capped Rate mortgagesCapped rate mortgages have their interest rates capped at a maximum rate of interest, providing protection against rate rises during a set period
Cash-back mortgagesCash back mortgages offer cash incentives for borrowers, offering funds towards the costs associated with taking out a new mortgage
Discount Rate mortgagesMany lenders provide discount rate mortgages, offering an introductory special rate for a set period at the start of the mortgage term
First Time Buyer mortgagesThere are now many alternatives to traditional borrowing options designed to help first time buyers onto the property ladder
Fixed Rate mortgagesFixed rate mortgages protect the borrower against interest rate rises, offering a higher level of control over your budget and finances
Flexible mortgagesFlexible mortgages enable borrowers to take greater control over their finances by offering flexibility on monthly repayment options
Home loansA home loan is a common term for a mortgage; simply a loan that is used to fund the purchase of property, that is secured against the property itself.
Offset mortgagesAn offset mortgage is a great way to keep all your money working for you by offsetting the outstanding amount owing on your mortgage
RemortgageA remortgage is the process of replacing an existing mortgage with a new one, to take out a larger loan amount or to switch to a lower interest rate
Self certification mortgagesSelf certification mortgages enable self-employed workers to avoid the problem of having to prove their income and borrow affordably
Tracker mortgagesTracker mortgages have interest rates that track the Bank of England base rate, with interest rates rising and falling in accordance with BoE fluctuations
Variable Rate mortgagesVariable rate mortgages allow the borrower to take advantage of drops in interest rates, but leave them vulnerable to rate rises during the loan term





YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. WE PROVIDE THIS SERVICE FREE OF CHARGE BUT RECEIVE A COMMISSION FROM THE BROKERS AND INTERMEDIARIES WE REFER YOU TO. OUR PARTNERS WILL CHARGE YOU A FEE FOR MORTGAGE ADVICE; THE AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES. INTEREST RATES AVAILABLE WILL VARY DEPENDING ON YOUR CIRCUMSTANCES. Think carefully before securing other debts against your home.

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