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.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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 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.