Mortgage

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Types Of Mortgage

There are a wide variety of mortgage types, all aimed at different sectors of the mortgage market.

Business, Commercial and Corporate mortgages are generally aimed at businesses for the purpose of carrying out their trade. However some private investors do also use Development or Commercial Mortgages for property development and Commercial Mortgages for commercial property as part of a property portfolio.

Buy To Let, development finance and commercial mortgages are all used by property investors as part of a diverse property investment strategy.

The remainder of the mortgages are aimed at different parts of the residential property market. First Time Buyer Mortgages and Right To Buy cater for those looking to get onto the first rung of the property market. Residential Mortgages and Self Cert Mortgages are aimed at those moving up the property ladder.

Mortgages such as Home Reversion Plans, Lifetime Mortgages, Home Income Plans are all aimed at those wanting to access the equity in their homes.


 

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