Mortgage Types Explained
Understanding the different mortgage types helps you choose the right one for your circumstances. Learn about fixed, variable, tracker, offset and more.
Explore Mortgage Types
Fixed Rate Mortgages
Lock in your interest rate for peace of mind and budget certainty. Learn how fixed rate mortgages work.
Learn MoreVariable Rate Mortgages
On your lender's Standard Variable Rate? You could be paying more than necessary. Understand your options.
Learn MoreTracker Mortgages
Benefit from rate cuts automatically with a tracker mortgage that follows the Bank of England base rate.
Learn MoreOffset Mortgages
Use your savings to reduce mortgage interest without locking them away. Understand how offset mortgages work.
Learn MoreInterest Only Mortgages
Lower monthly payments with interest only - but understand the requirements and long-term implications.
Learn MoreRepayment Mortgages
Pay off your mortgage completely over the term with a repayment mortgage. Understand how it works.
Learn MorePart and Part Mortgages
Combine interest only and repayment elements for a flexible mortgage structure that balances payments and security.
Learn MoreNot Sure Which Type Is Right For You?
Choosing between fixed and variable, or repayment and interest only, depends on your circumstances, risk tolerance, and plans. Our expert advisors can explain the options and recommend the most suitable mortgage type for your situation.
- Personalised recommendations
- Clear explanation of pros and cons
- Free, no-obligation advice
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.