A flexible mortgage is a product that can make the traditional British mortgage with its fixed and inflexible payment schedule over a fixed term, such as 25 years, look like a bit of a dinosaur.

In actual fact, they are simply mortgages which recalculate the outstanding capital and interest due on a daily basis. This allows you to make overpayments when you have money to spare, and see an immediate reduction in your loan. Some also allow you to make underpayments when finances are tight, which will increase the interest you have to pay. They may even allow you to take repayment holidays – a complete break from making payments as long as a reserve amount of money is in your account.
 

Your home may be repossessed if you do not keep up repayments on your mortgage.

We charge a fee, usually 0.5% of the average loan amount, defaults or adverse case's are 1% due to complicated additional work loads we also accept the normal lenders procuration fee, a fair system from a 28 year history of people support within a minefield of market variation's throughout all lending principals.