Flexible Mortgages

The flexible mortgage is a relatively new type of mortgage which was designed to allow for changes in income resulting from modern employment trends, such as contract working, self employment, job sharing and part time work.

This is where the flexible mortgage has an advantage as it allows for over and underpayments to be built into the loan. When finances allow, (pay rise, bonus, an inheritance etc.), overpayments can be made. Providing you have made overpayments in the past, underpayments can be made when finances are tight (job loss, change in circumstance etc).

Your home may be repossessed if you fail to keep up the repayments on your mortgage.

Why not contact us for a more detailed analysis of your requirements.