Flexible Mortgages

Flexible Mortgages

Flexible Mortgage

Flexible mortgages allow you to :-

• make extra lump sum or monthly payments,
• borrow back money,
• take payment holidays and
• make underpayments.
• flexible mortgages can also double up as current accounts - your salary is paid in monthly and you are effectively paying off a huge overdraft.

Flexible mortgages do have higher interest rates than standard home loans, but it does allow you to pay your mortgage off earlier than you originally planned maybe by many years.

flexible mortgages can offer a much cheaper alternative to personal loans.

• Annual percentage rates (APR's) on flexible mortgages are usually a few per cent lower than the rates on secured personal loans