Offering a much higher degree of flexibility than a traditional mortgage, a flexible mortgage allows you to increase or decrease payments at any time, or even temporarily suspend payments altogether – without attracting a penalty fee.
As well as having the ability to vary your monthly repayments, you can actually reduce the cost of your mortgage, if you’re financially in a position to do so, by paying it off early without the risk of penalty.
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Flexible
| Lender | Rate | Duration | |
|---|---|---|---|
| Cheltenham & Gloucester All Weather Purchase | 4.09% | To Apr 2011 | Do I Qualify? |