Mortgages explained
With so many different types of mortgage in the marketplace, you could be forgiven for not understanding all the different types of mortgage or for being confused.
The main differences in the types of mortgage can generally be applied to both repayment and interest only mortgage options - and they will affect the amount of interest you pay and for how long. Each different type will be more or less suitable depending on your life stage and your personal circumstances so it's important you fully understand all the options out there and how they work. Take time to read through this section before you feel comfortable that you've come to a choice on your mortgage type.
The different types of interest options and mortgages available will often be on special offer from different lenders. Our advisers will be able to help you with this.
Select from the list below to find out more about the different types of mortgages.
John Charcol is not authorised to offer investment advice. We recommend you seek professional advice with regard to these topics if you believe they may affect you.
