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.

Buy-to-Let Mortgages

Designed for anyone planning to buy an investment property.

Current Account Mortgages

Also known as the All-In-One account, where your income and savings are held in the same account as your mortgage.

Flexible Mortgages

This type of mortgage can give you the option of overpaying, underpaying, or even taking a payment holiday.

Foreign Currency Mortgages

A mortgage in which the funds are drawn in another currency rather than in Sterling; this may be useful if you're paid in that foreign currency.

Interest-Only Mortgages

A loan in which you only pay the interest charged; the entire capital is paid back at the end of the mortgage term.

Offset Mortgages

Offsetting your savings against your mortgage can help you save money on the mortgage interest.

Repayment Mortgages

One of the major styles of mortgage, where the capital is repaid gradually over the term of the loan.

Self-Build Mortgages

Ideal for when you're building or renovating a property.

Self-Certification Mortgages

Are you self-employed or would you find it difficult to prove how much you earn? Then a self-certification mortgage may be just the right product for you.

Shared Ownership Schemes

This part-buy/part-rent scheme is perfect for those who cannot afford to buy outright.