Mortgages can be a very confusing subject. Here we will try and break down the confusing aspect and make mortgages as simple as possible for you.
First of all there are two types of mortgages to choose from. These are either:-
Repayment mortgages
or
Interest only mortgages
Once you know what kind of mortgage you would like you then choose what kind or rate or options you might like. These choices might include:-
Tracker rate mortgages (or base rate tracker)
discounted rate
Flexible mortgages
Offset mortgages
Current account mortgage
Standard variable rate
