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| Malcolm independently offers you the best mortgage deals, sourced from hundreds of UK lenders |
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Variable Rate Mortgage offers you a mortgage at the lender's basic mortgage
interest rate, commonly known as the Standard Variable Rate (SVR), which
can fluctuate with interest rate changes made by the Bank of England. Plus
Points: Usually there are no penalties for cancellation and for transferring
to another mortgage product or to another lender (known as redemption penalty
and lock-in periods), giving you the flexibility to change your mortgage
type or move to a different lender Points to Watch: Interest rates can go
up as well as down. When it rises sharply, your interest payment instalments
may increase substantially. There are 2 standard repayment methods for Variable
Rate Mortgages : Straight Repayment & Interest Only Simply complete the brief Mortgage Quote Form and we will contact you within 24 hours with an agreement in principle. |
Licensed credit brokers.
Written quotations on request.
Loans secured on property. Your home is at risk if you do not keep up
with the repayments on a mortgage or other loans secured on the property.
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