Mortgages
Types of Mortgage Explained
Confused? Which Mortgage Type Is Right For You?
The types of mortgage scheme available in the mortgage market are diverse. Choosing between the different mortgage interest rates on offer can be confusing. How do you know which mortgage interest rate is best for you? Should you get a traditional mortgage, flexible or offset mortgage?
Advantages And Disadvantages Of Mortgage Types
Our mortgage advisers are all experienced and will explain the difference between a fixed mortgage and a capped or a discounted mortgage and a tracker. Homesavers can help remove the confusion, simply click on a mortgage type and see the mortgage type explained with the advantages and disadvantages of each mortgage type simply explained.
Types Of Mortgage Interest Rates
You have two main decisions when choosing an interest rate; whether to choose a fixed rate or variable rate mortgage, and whether to choose a short or long term mortgage deal. Once you have established this you can then look at the benefits of traditional mortgages, flexible or offset mortgages.
Still Confused?
Finding the best mortgage deal to suit your needs can be difficult. There are so many mortgage deals to choose from; fixed rates, tracker rates, flexible mortgages and offset mortgages. We will advise you on the advantages and disadvantages of the different types of mortgage to suit your personal requirements.