UK Flexible Mortgage

This type of mortgage has features that allow you to vary when and how you pay off your loan. Flexible mortgages are specially designed to accommodate the changes taking place in our working environment and lifestyles. Regular overpayments can be made allowing you to pay off your mortgage early. You can also take an occasional break from payments, however this is only usually allowed once overpayments have been made. You could choose to make a lump sum payment.

Flexible mortgages put you in charge of your finances, allowing you to overpay, underpay, borrow back overpayments and take payment holidays. The best thing you can do with a flexible mortgage is make overpayments, and get rid of the debt as quickly as possible. Most mortgage lenders in the UK now offer flexible deals. You can now get flexible fixed rates, discounts and tracker mortgages. You will not be penalized for repaying your mortgage early, however some lenders will put a limit on how much you can repay each year. It should be noted that some of the features applied to flexible mortgages are also available on standard mortgages.

Full range of UK Mortgages:

Typical, variable APR is 10.9%. Rates range from 7.7% to 18.3%
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP MORTGAGE OR DEBT REPAYMENTS SECURED ON IT
THINK CAREFULLY BEFORE SECURING ANY OTHER DEBT ON YOUR HOME. NON PAYMENT OF ANY LOAN CAN AFFECT YOUR CREDIT RATING

Every effort has been made to ensure that the facts here are correct. No liability is accepted for any errors contained herein or for any loss resulting from actions taken.