Mortgages
Compare Mortgages: Fixed Rate Mortgages, First Time Buyer Mortgages, Bad Credit Mortgages, Buy to Let Mortgages & Commercial Mortgages
Complete this form to speak to an advisor:
- 1. Fill in the short form and tell us more about the mortgage you are interested in.
- 2. Tell us more about yourself, so we can find an offer tailored to your needs.
- 3. We'll help you find available deals in the market place.
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Mortgage Best Buys:
Your home may be repossessed if you do not keep up repayments on your mortgage.
Remortgage
A remortgage is a mortgage that replaces an existing mortgage borrowed for the purpose of purchasing the property. Remortgage deals are often sought to reduce monthly repayments by finding a mortgage with a lower interest rate, or to free up finance from the increased value of the property.
First Time Buyers
A First time buyer is a potential house buyer who has not previously owned a property. As a first time buyer you need to consider which sort of mortgage you should use and how you should repay it. For this reason, most will use a mortgage broker.
Bad Credit Mortgages
A Bad credit mortgage allows a borrower with a bad credit rating to take out a mortgage, a bad credit mortgageg usually carries higher interest rates.
Bad Credit remortgage
A bad credit remortgage is a way a borrower with a bad credit rating can take out a new mortgage with a new mortgage lender even though they are not moving properties. Often used to free up equity, a bad credit remortgage often carries higher interest rates.
Buy to let mortgages
A buy to let mortgage is a mortgage you can utilise to assist in the purchase of a residential property that you intend to let rather than occupy.
Commercial mortgages
A Commercial mortgage is a mortgage loan issued for the purpose of buying property, and is typically borrowed by companies or organisations to secure business premises.
Fixed Mortgages
A Fixed mortgage also known as a Fixed Rate mortgage means your monthly repayments will remain constant for the fixed mortgage term, regardless of the standard variable interest rate in the market place. The benefit of a fixed rate mortgage is that you will know exactly what your repayments are however if the standard variable rate falls below the level at which you fixed you could end up paying more than the market rate.
Flexible Mortgages
A flexible mortgage is the facility to make extra payments when you have extra money. You may also be able to reduce monthly repayments or even take repayment holidays, although you will normally have to build up a reserve through making overpayments before this arrangement is allowed. Such mortgage rates are usually offered on a daily interest basis. Flexible mortgages usually provide a loan drawdown facility that allows you to borrow extra funds at a set predetermined rate.
Mortgage Calculator
Our Mortgage Calculator works out how much your monthly repayment would be for any given mortgage. You can change the amount you borrow, the repayment period and even the interest rate to easily compare different mortgages you find on the market.Our mortgage calculator will work out the monthly repayments for both equity and interest only mortgages and show you the total repayment for a regular mortgage at the rate that was entered.
How to find the Best Mortgages for You
To find a cheap mortgage or the best mortgage rate for you ensure that you shop around. If you apply to one mortgage lender they may decline you for their best rate and suggest you tackle a higher interest rate than initially stated. You should try other mortgage advisors and seek mortgage advice which will allow you to get a good mortgage comparison.
Common Misspellings: morgage, morgages
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1 Potential savings may vary depending on the amount you are borrowing and your personal circumstances.
* The calculator is based on how much you want to borrow and then calculated against the initial rate. This calculation displayed is for illustration purposes and may vary depending on your financial circumstances and the mortgage provider
1Potential savings may vary depending on the amount you are borrowing and your personal circumstances.
This service is free to you but to operate this service we may receive fees or commissions from the brokers and lenders we refer you to.
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