Different Types of Mortgages

Mortgages Explained...

When its time to start sorting out a mortgage, you’ll soon hit the minefield as there are so many different types to choose from. Most people find this a little overwhelming and you won’t know where to begin.

Choosing the right mortgage deal for you is difficult, choosing the best mortgage rate may not work out he cheapest.

We are here to help you clear up a few different mortgage types and to see if our mortgage advisors can help you choose the right mortgage deal for you.

Don't agree your mortgage deal until you've spoken to our advisers

Repayment Mortgages

Repayment Mortgages are the most popular mortgages at this moment in time. Each month you will repay some of the interest you owe plus some of the capital, obviously at the beginning…..

Interest Only Mortgages

Interest Only mortgages are becoming less and less popular and they are harder to get due to the new affordability checks involved.
On Interest Only mortgages….

Offset Mortgages

Offset Mortgages aren’t as popular as they used to be and are given out by a handful of mortgage lenders. Offset mortgages are linked to a savings account, current account…

Fixed Rate Mortgages

First Time Buyers love a fixed rate mortgage, this is because the rates are fixed for a particular number of years (usually 2, 3, 5 or even 10 years) so you know exactly what you are paying on a month…

Discounted Rate Mortgages

Discounted rate mortgages are usually based on the lender’s Standard Variable Rate (SVR) less a percentage, determined by that particular mortgage lender. They are usually some of the…

Tracker Mortgages

Tracker Rate Mortgages move in line usually with the Bank of England Base Rate. The rate set depends on the mortgage lender and can be either higher or lower than the…

Capped Rate Mortgages

Capped rate mortgage products are similar to variable rate mortgages with a cap to stop it raising above a particular rate.
This is ideal for …

Cashback Mortgages

Very popular with First Time Buyers, Cashback mortgages usually offer a fixed amount or a percentage of the mortgage that will be paid to you on completion…

95% Mortgages

If you can raise at least a 5% deposit, then there are lenders out there still offering 95% mortgages. However, they are risky due to the equity you will have in the property and…

First Time Buyer Mortgages

First Time Buyers Mortgages are available and usually with some extra incentives to help you get into your first home. If you’ve owned a property in the passed, sometimes…

Flexible Mortgages

If you are looking for a Mortgage product that allows a little bit more flexibility on repayments, then a flexible mortgage maybe for you. You can choose to…

Buy-to-Let Mortgages

Buy to Let mortgages are ideal for those looking at buying a property to rent out and there are many mortgage products out in the market place to enable you to do this…

Online Mortgage Calculators

Did you know that we also offer Specialist Mortgages for...

Online Mortgage Calculators

Use our Mortgage Calculator...

What Kind Of Mortgage Do you Require?

About The Property?

What is the value of the Property

What Mortgage amount required?

How soon do you require a Mortgage?

What is your Annual Income?

What is the Annual Income of Applicant No.1

What is the Annual Income of Applicant No.2

What is your Postcode? This will help tailor your quotation to the best suited Mortgage Broker

And finally...

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We were getting a little fed up of the local estate agents trying to use their mortgage broker, so we used google, filled out the form, spoke to a guy and had a mortgage which beat quotes from our own bank, with the same bank.

Robbie and Chloe, Belper, UK

Easy process from start to finish, made it as simple as possible for me. Life Insurance was sorted at the same time to save me doing it at a later date.

Tracy Pole, Eastwood, UK

Self Employed builder and struggled with mainstream lenders to get a Mortgage, took me 5 minutes to complete the form and within a week I'd been sorted. Mark and the team helped me loads and love living in my own house.

Anonymous, Allestree, UK

We sent an enquiry about a mortgage and within a few hours a Mortgage Adviser called and went through out details. We received Mortgage Offer in Principal which we sent to the Estate Agents and within a couple of months we were in. The service received is second to none.

Tom & Selina Harold, Derby, UK

Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it. Think carefully before securing other debts against your homes.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% of the amount borrowed.