Types of Mortgages

Choice Mortgages provides you with access to a wide range of mortgages and re-mortgage deals from the UK market. These would include fixed rates, interest only, capped, Tracker, discount rates and others. Please see below some of these terms explained in more detail helping you decide which would be the best mortgage deal to suite you.


When remortgaging, you change your existing mortgage to a new deal and in most cases an alternative lender………..

Buy to let mortgages

A buy to let mortgage, which could also be called an investment mortgage, is used for people who wish to purchase a property to rent out to a third party………..

First time buyers

These days there are some very innovative first time buyer’s mortgages around…….

Bad credit mortgage

A Bad credit mortgage is used when a person has previously had a poor credit status….

Fixed rate mortgage

Fixed rate mortgages, this is a mortgage that has a fixed interest rate for an agreed period of time. If interest rates rise or fall during your agreed fix rate period……..

Interest only mortgage

An interest only mortgage is when the monthly payments cover just the interest on the mortgage while the capital borrowed remains unchanged…..

Refinance mortgage

You may not be completely satisfied with your current mortgage choice, maybe it’s a fixed rate mortgage and the interest rates have started to significantly…..