Compare High Value Mortgages
When looking for a high value mortgage, it is important that you find the right mortgage lender who offers a mortgage deal that suits your financial needs. To obtain the highest value mortgage rate you will need to provide as large a deposit as possible. If you can provide a 40% deposit or equity then your lender may be able to offer you improved interest rates as part of your mortgage deal. If you are looking for a high value mortgage, it is important to remember that there are a range of mortgage deals available, such as:
- Fixed rate
- Tracker rate
- Offset mortgage
- Standard variable rate (SVR)
In addition to choosing the type of mortgage deal that is best for you, it is also worth considering which method of repayment is most appropriate for you. The two options are:
- Repayment Mortgages – monthly payments consisting of both the interest owed and a percentage of the initial loan. Customers are generally guaranteed to own the property outright at the end of the term using this method.
- Interest Only – involving monthly payments of the interest you owe each month. You will typically also be expected to make separate payments into an ISA or similar savings account to repay the total sum of your mortgage loan by the end of the set term.
Speak to our mortgage team about high value mortgage deals on 0117 332 6063.