Compare Flexible Loans for Self Builders and Property Investors

Self Building Or Investing: We Compare Flexible Loans

When home buyers or remortgage customers are ready to compare flexible loans, it's not difficult to find offset mortgages, current account mortgages and flexible mortgages to suit almost every situation. But what about the people who have an unusual financial situation or who are doing something out of the ordinary with home purchase? It's more difficult to compare flexible loans in those situations.

Whatever your situation, we will make it easier to compare flexible loans by providing you with some of the Top 10 lenders who operate in this market place. The data has been taken from Trigold which is the mortgage sourcing software used by many mortgage brokers and IFA’s. The rates shown of course are liable to change, and do so frequently, so please use the data provided as a guide only to compare flexible loans. For the most up to date rate information contact our broker hotline now!

We compare flexible loans so you don't have to!

Norwich and Peterborough appear in our Top 10 a massive 6 times based on their wide range of products that are available in the flexible market. Their lowest interest rate currently is a 4.30% discounted product which runs for 2 years and then reverts to their standard variable rate which is currently 7.30%. The APR on this deal is 7.00% and N&P will lend up to 90% of the property value on both a house purchase or a remortgage.

We can compare flexible loans available from another high street lender, in this case Cheltenham and Gloucester who appear in our Top ten table 3 times with their range of fixed and discounted products. There is a 4.78% tracker discount available until 31/07/2010 with an APR of 7.20%. Also available from this lender are fixed rate products at 4.88% and 4.98%, fixed until 31/12/09 (7.4% APR) and 30/06/2010 (7.30% APR)

Principality Building Society also make our Top 10 with their discounted flexible mortgage priced at 5.14%, APR of 7.30%. The deal is good until 30/03/2010 when it would revert back to the building society's standard variable rate which is currently 7.24%. Principality will also make mortgages available up to 90% loan to value.

If you would rather invest in property than live in it, then there's more opportunity to compare flexible loans. There are several providers of buy to let offset mortgages for those interested in becoming landlords. When you compare flexible loans for buy to let there are usually restrictions on what the loan can be used for, with many lenders refusing flexible loans for student flats. There are also rules about how much income landlords must earn, with £15,000 to £25,000 being the standard. When landlords compare flexible loans, they will find a wide range of interest rates , with different criteria and fees attached to each deal. Some lenders will allow borrowers to invest in up to 10 properties and other lenders will limit the amount of lending to a specific amount - e.g £2,500,000 per applicant. Landlords who compare flexible loans may also find that they can overpay without penalty, such as on the Cheltenham and Gloucester buy to let loan. Whether building or buying to let, there's plenty of choice when consumers are ready to compare flexible loans.*

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© 2007 and 2008 Offset Mortgage Centre | Terms and Conditions | Privacy Statement | We don't charge a fee for admistration of an offset mortgage. The Offset Mortgage Centre is the trading name of The Mortgage Broker Ltd, (a whole of market mortgage broker), which is an appointed representative of Home of Choice Limited, which is authorised and regulated by the Financial Services Authority. In general Buy to Let mortgages are not regulated by the Financial Services Authority. | Your home may be repossessed if you do not keep up repayments on your mortgage. *Source - Trigold, 01/03/08