There are many varying degrees of flexibility. Most lenders offering a flexible mortgage will allow the borrower to do some or all of the following:
Overpaying, underpaying, payment holidays, borrowing back, draw-down, calculating interest daily, off-setting. As Interest may continue to be charged during any payment holiday period, we will check all the small print for you.
Some so-called flexible mortgages may only meet a couple of these criteria, while other all-singing, all-dancing mortgages allow you to do much more. We will take care of the research before you choose the flexible mortgage deal that suits you best.