Types of Mortgage
|If you have a good credit history and sufficient earnings, whether from employment or self-employment, you have a bewildering choice of mortgages available to you.
As well as traditional Annuity or Repayment mortgage there are Endowment mortgages, Interest only and low-start mortgages, Pension linked or Equity linked mortgages and many more.
|Which type of mortgage is right for you depends on your individual circumstances and if in any doubt, you would be well advised to consult a financial adviser or a specialist mortgage broker.
But do make sure you pick a mortgage broker who is truly independent of the vendor and independent of the lender.