Our Mortgage Service - Why choose us?
Special features of what we offer include:
- Get the best flexible mortgage deals in the UK
- Whole of market service - we work with most UK lenders
- Access to leading market mortgage rates
- Access to exclusive loan deals not available on high street
- Fast turnaround - speak to us today if you need to move quickly
- We have lenders who will take into account previous defaults and missed payments
- Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions
To investigate your flexible mortgage options call our mortgage team on 0117 403 4474 or fill in our call back form.
When choosing a mortgage deal, it can be useful to work out the level of flexibility that you require before you start researching the market. Use our FREE mortgage calculator to compare over 5,000 of the latest mortgage deals and find the right flexible mortgage for you.
Choosing a mortgage with a range of flexible options could allow you to deal with any changes to your financial circumstances that might occur in the future. Some of the flexible benefits that you may be able to get with your mortgage could include:
An overpayment facility allows you to make an additional payment beyond your standard monthly payment. You can set up regular overpayments when it suits you to do so, and you can stop whenever you choose.
Overpaying can be useful because it could allow you to pay off your mortgage more quickly. Also, because your balance reduces faster, your interest goes down, too. Do be aware that some mortgage deals only allow overpayment up to a certain percentage of your outstanding balance - if you pay more than this, you could incur a charge. Therefore, it makes sense to check overpayment limits with your mortgage provider.
Some mortgages allow you to borrow back money that you have previously overpaid, to use for whatever you want. This facility can be very useful if you suddenly find yourself in need of cash- for example, to pay for a wedding or to make essential household repairs. You will usually need to have made a certain amount of overpayments before you become eligible for this flexible feature.
In the same way as you can overpay, you may be allowed to underpay. This means you can make a payment lower than your normal monthly amount for a set period. You will usually need to have made a set amount of overpayments before you are permitted to make underpayments.
Some mortgages offer the option to take a break in payments, known as a payment holiday. These can last from one month to up to 6 months in some cases, depending on which mortgage provider you use and how long you have had the mortgage. The key thing to remember with payment holidays is that interest will continue to be charged whilst you are taking your break, so you could face higher payments when the break comes to an end.
To compare flexible mortgage deals with other leading mortgage rates on the market, and to find the best deals for you, you can use the mortgage calculator to search over 5,000 mortgage offers based on your personal circumstances.
For more information call 0117 403 4474.