Flexible Mortgage

A flexible mortgage gives you some scope to change your monthly payments to suit your ability to pay. It's also useful if you want to pay off your loan more quickly. Several flexible features are becoming common and they aren't limited to mortgages with 'flexible' in their name. Here are some flexible features:

• Overpayments - you can pay more than your normal monthly mortgage payment or pay off a lump sum, or both.
• Underpayments and payment holidays - you pay less than the normal monthly payment for a limited period (say six or twelve months). You may even be able to stop making payments altogether. This could be useful if, say, you lose your job or take time off to care for a child.
  

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Offset Mortgage

With an offset mortgage, your main current account or savings account (or both) are linked to your mortgage and are usually, but not always, held with the mortgage lender. The money is your current and savings acount offsets against your mortgage, so you pay less interest on your mortgage

• Shorter term - use offsetting to pay off your mortgage as soon as possible.
• Lower Payments - use offsetting to make your monthly payments as low as possible.
• Reduced debt - use offsetting to reduce the amount you owe without affecting the term.
  

CDG Financial Services Ltd is an appointed representative of Financial Ltd which is authorised and regulated by the Financial Services Authority, Financial Ltd FSA Register number is 188153. CDG Financial Services Ltd registered address: The Point, Granite Way, Mountsorrel, Loughborough, Leicestershire, LE12 7TZ

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