Purchase various types of fixed rates mortgages UK

Mortgage Guide
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Types Of Mortgage
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Introduction

When buying a home in the UK you will need to select which of the various types of mortgage you want to use.

Listed below are the main types and then the further variations, ie the main ways to repay the interest.

There are really only two main types of mortgage, "Repayment" or "Interest". It's the many variations on them which make things seem more complicated than they have to be.

But don't worry. It can all be kept fairly simple by quickly learning about the basics of "Repayment" and "Interest" mortgages - which you can do here.

When choosing a mortgage you may find it easier to eliminate the type of mortgage you don't want.

This will help you draw up a shortlist of those you will consider. You can then find the current best deal for the type of mortgage you want. You'll see how to do this in the section Where to Find Your Mortgage

In addition to deciding which of the two main types of mortgage you want ie , "Repayment" or "Interest" you want to consider the type of interest repayment arrangement to go with. These are your main options: Click on any heading to read full details

Fixed Rate

Variable Rate

Capped Rate

Discounted Rate

Fix and Track Mortgages

To read more on this subject please see the list below or your mortgage guide or your home buying guide

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below


Value of Property	£
		(eg 125000)

Borrow How Much?	£
		(eg 92500)

Your Mortgage Type

First time buyer?		Yes No
Have you found property?		Yes No
Country
Bad Credit History?		Yes No

Sorry ! The amount you want to borrow is less than £25,000. This is the minimum allowed for a mortgage. But don't worry! You could get the money via a personal loan. I want a free no obligation loan quote Click OK No thanks. I will change my borrow amount to more than £25,000 Click Cancel