Flexible Mortgages

Flexible mortgages are relatively new to the market but they are already proving very popular. They allow for temporary changes in you circumstances and budget as they are based tailoring the mortgage to suit the borrower's lifestyle.

You can make overpayments when you have extra cash available or you can make underpayments when money is tight. Some lenders will even allow you to take payment holidays and suspend your mortgage payments altogether for a while.

By making regular overpayments on a flexible mortgage you will reduce your mortgage quicker, thereby saving a considerable sum in interest payments over the mortgage term.