Flexible mortgages give you maximum control over your mortgage repayments.
With deals varying from lender to lender, Independent Mortgages Direct NE can help you find the best mortgage for you. With a whole of market choice, we have access to every lender and mortgage provider in the UK - saving you time, money and hassle when trying to arrange a flexible mortgage.
What is a flexible rate mortgage?
Flexible mortgages allow you to take more control when paying back your loan. Depending on the deal, you can choose how much you pay back per month, take payment breaks or even borrow back overpayments.
Is a flexible mortgage right for you?
There are advantages and disadvantages to flexible mortgages. Before you decide if it’s right for you, it’s worth considering the following points:
- You can make overpayments, or underpayments with most deals, making it a particularly popular arrangement with self-employed people and contractors
- Usually, you can take payment holidays or borrow back overpayments
- Flexible mortgages work in your favour the most when you make regular overpayments, paying off your loan quicker
- Most lenders will offer fixed, tracker and discount rate flexible mortgages
Find flexible mortgage deals with Independent Mortgages Direct NE
Call us on 0800 0350095 for a free consultation with one of our friendly and experienced team. We are happy to discuss your situation and help you choose the best option for you.