Flexible mortgages

A flexible mortgage is a type of mortgage that could allow you to make overpayments, underpayments and perhaps take payment holidays to suit your financial situation.

If you want a mortgage that works for you, and fits around your unique situation, a flexible mortgage may be a suitable option.

Many people take a flexible mortgage because they allow you to make additional payments to your mortgage and pay less in interest overall.

February 22, 2017

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Which mortgage can I get with flexibility?

Lots of schemes are available that advertise themselves as flexible mortgages, however the features they offer do vary from lender to lender. Common features include –

Overpayments
Underpayments
Payment Holidays
A reserve account from which you can access overpayments you have made
Ability to offset savings

Here at L&C Mortgages, we know that each customer is unique and needs a variety of different benefits from their lender, which is why taking impartial advice is important whatever your circumstances.

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Let one of our expert advisers talk you through the various flexible mortgage options that are available.