Flexible Mortgages

• Make over or underpayments each month, for instance, if you new you are going to have high outgoings for a particular month, you can chose to underpay.
• Make a lump sum repayment, e.g., if you get a bonus and decide you want to inject it all into the mortgage.
• Take what’s known as a “payment holiday”, you may want to purchase a new car or go on holiday for instance; you can take a break from paying your mortgage.