Mortgage Types
The most important decision you have to make when choosing a mortgage is how you will repay it. There are two ways of doing this: repayment mortgages or interest-only mortgages. Which of these you choose depends to a large extent on your attitude to risk. The stability of your income and whether or not it may rise or fall over the foreseeable future is also consideration when deciding on a mortgage.
There are a number of variations on these standard mortgages on the market that exist now, offering the buyer greater flexibility and choice than ever before. Although some of these products (such as offset mortgages and flexible mortgages) may seem quite different from the standard mortgage, you will still need to make a choice between a repayment and interest-only mortgage.
Select a mortgage product from the menu below to find out more.