Flexible mortgages | We Know Mortgages Ltd

Flexible mortgages are only offered by a few number of mortgage lenders amongst high street banks and building societies. A flexible mortgage has not been standardised between mortgage lenders, but typically, borrowers can:

Overpay or underpay on their monthly mortgage payment
Take a payment holiday
Repay lump sums
Take further loans up to an agreed amount. This may be in the form of a drawdown facility.
Avoid redemption penalties

This type of mortgage appeals to those whose income fluctuates or will except a large one off payment I.e. bonuses or an inheritance.

If you require advice on a flexible mortgage, please speak to one of our advisers based in Manchester city centre. We offer a comprehensive range of mortgage products from across the market for first charge mortgages only

A mortgage is a loan secured against your home or property. Your home may be repossessed if you do not keep up repayments on your mortgage.