Flexible / Lifestyle Mortgages
mortgage guide
Borrowers circumstances can change quite rapidly and dramatically nowadays.
Few people can claim to have a job for life. There is a growing demand
for flexible mortgages and some lenders are now offering mortgage loans
which give the borrower many more options than before.
Flexible mortgages may offer some or all of the following options:
- Paying more than the agreed monthly payment
- Paying less than the agreed monthly payment
- Lump sum payments
- Payment holidays, often are periods of over payments
- Cheque book to withdraw predetermined amounts.
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