What are the types of mortgage?

If choosing the right type of mortgage is becoming a tedious task, then don’t worry, you’re not the only one to feel this pain.

With the many different types of mortgages available to choose from, it can be difficult to understand which is the right one for you and your circumstances.

From Standard Variable Rate and Offset Rate to Interest Only, there is a wide range of mortgage types of choose from. Each mortgage has their own advantages and disadvantages, but too often the confusing lingo that you encounter makes it difficult to distinguish the difference between each one. Luckily, Mortgages Online are here to explain and clarify all the different types of mortgages in the simplest way possible to help you determine which one is the most suited to you.

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