What are the main types of mortgages?
What are the main types of mortgages?
There are many types of mortgage, each with its own interest rate, fees and flexibility. All these things affect how much the loan costs you and when it will be paid off. Here we explain the differences in order to help you work out which is the right type of mortgage for you. i.e. Fixed rate mortgage, Tracker mortgage,Discount mortgage and Offset mortgage.