UK Flexible Mortgage
Flexible Mortgages
Flexible mortgages offer you the flexibility of changing your monthly payments. This is an additional feature over the standard Variable Rate and Fixed Rate Mortgages options.
It gives you the flexibility to manage your mortgage payments to suit your cash flow needs as your circumstances change. Flexible Mortgages allow you to repay capital early, take back some cash you have paid in and postpone payments. Some are run as substitutes for current and savings accounts, so all your money is working to minimise interest on the mortgage.
Flexible Mortgages are sometimes not available to some customers. For example, those with an adverse payment history, those on DSS benefits, those wishing to acquire property which is not their main residence.
There are no standard repayment methods. Each provider will specify the extent of flexibility on its Flexible Mortgage and the interest rate may be variable or fixed.
For more information on flexible mortgages or to apply for a flexible mortgage please follow the link - Flexible Mortgages >
- Your home may be repossessed if you do not keep up repayments on your mortgage.
- Changes in the exchange rate may increase the sterling equivalent of your debt.
- The FSA do not regulate certain mortgages.
- The advice and/or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.