MORTGAGE GUIDES & A GUIDE TO MORTGAGES
GUIDE TO MORTGAGES
Types Of Mortgage.
See below for a full breakdown
Interest Rates on Mortgages
Fixed Rate Mortgage
Capped Rate Mortgage
Discounted Rate Mortgage
Variable Rate Mortgage
Features and Benefits.
Flexible / Lifestyle Mortgages
Current Account Mortgage (CAM)
Free Valuation or Refund of Valuation
Other Features/Conditions and charges associated with mortgages.
Early Redemption Charge (sometimes referred to as a ‘redemption penalty’)
Mortgage Indemnity Charge (sometimes referred to as a High Percentage Lending Fee)
Booking & Arrangement Fees - up-front fee charges levied at the outset of the mortgage.