Flexible mortgages

A flexible mortgage provides a more flexible way of making monthly mortgage repayments. It allows you to make overpayments, and so gives you the opportunity to pay off your mortgage earlier and save money on interest payments. You also have the option to make underpayments, borrow back your overpayments, or take payment holidays, all of which can be useful in times when your finances may be stretched.

You may want to talk to a mortgage adviser to get some advice about flexible mortgages, and what type may be suitable for you. Find a mortgage adviser near you.

Questions you might like to ask a mortgage adviser…

  • Are interest rates higher on a flexible mortgage than a conventional mortgage?
  • How long can you take payment holidays for?
  • Will you be charged for paying off your mortgage early?