Which Mortgage

CSS has been turned off in your browser. Please enable CSS and reload this page.

Which type of mortgage is best for the average homebuyer?

Deciding which mortgage is best for you depends largely on your attitude to risk! For example, a fixed rate mortgage is slightly more expensive than a variable rate mortgage, but it protects you from interest rate hikes for a period of two to five years. Other mortgages are more risky but cheaper.

Apply for a free quote

How do you find out which mortgage is right for you? The answer depends on whether you like risk. If you do, variable rate or tracker rate mortgages tend to offer the best deal, but if interest rates pick up then so will the cost of your mortgage. Then there are endowment mortgages, which are designed to play the stock market in the hope that at the end of your mortgage period you'll have made enough cash to pay off your borrowing; as many homeowners have discovered, though, endowment mortgages can also fall short.

Apply for a free quote