Mortgage summary

• Payments go up and down in line with interest rates.

Capped rate (click for more info)

• The interest rate is variable but will not go above an agreed limit for a guaranteed period. This will change to the standard variable rate at the end of the period.
• You may have to pay penalties for repaying the mortgage early.
• There is likely to be an arrangement fee.

Fixed rate (click for more info)

• You will pay fixed payments for a guaranteed period. This will change to the standard variable rate at the end of the period.
• There is usually a choice of terms available.
• There is likely an arrangement fee.

Discounted rate (click for more info)

• You will start with a discount off the standard variable rate, for a limited period.
• After the discount period ends, the rate will change to a standard variable rate.
• There is likely an arrangement fee.

Flexible mortgage (click for more info)

• With this you can vary your payments
• You can also take payment holidays, depending on certain conditions.
• You could pay your mortgage off early.

Buy to let (click for more info)

• This is if you want to buy a property and let it out.
• Variable and fixed rates are generally available.
• Any income you get from rent must be more than you have to pay for the mortgage repayment.

Cashback feature (click for more info)

• You may receive a cashback after completion.
• This appeals particulary to first-time buyers.
• There is likely an arrangement fee.

Get a free mortgage quotation