Types of Mortgage - Independent Mortgage Broker
Types of Mortgage
When you have decided on the Type of mortgage you need and whether you intend for it to be repaid on an interest only basis or a capital and interest repayment basis, you still have another choice to make.
That choice relates to the Type of mortgage scheme to choose.
Many mortgage lenders offer different types of mortgage scheme for you to choose from, but they will all offer mortgages linked to their Standard Variable Rate.
The additional schemes that they offer will be related to the Standard Variable Rate either by fixing rates or discounting rates or tracking rates.
Types of Mortgage to find out about:
- Standard Variable Rates
- Capped and Collared Rates
- Cash Back Mortgages
- Discounted Rates
- Fixed Rates
- Flexible Mortgages
- Pension and ISA mortgages
- Types on Interest
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