Remortgaging for more flexibility

Although there are benefits to having a fixed interest rate and a specific monthly repayment, there may be times in your life when you’d like more flexibility from your mortgage. There are a number of options available to you when it comes to flexible property loans, and it’s a good idea to contact an experienced, qualified mortgage broker if this is something you’re considering.

A flexible mortgage allows you to make overpayments, underpayments and possibly take payment ‘holidays’ or breaks to suit your personal financial situation. This differs from many typical mortgages, which set a fixed repayment amount for the duration of the term.

There are a number of reasons an individual may want to take out a flexible mortgage. They can be a sensible option for people who are in a position to pay down their mortgage on an occasional basis, which helps to reduce the amount of interest they pay overall. In addition, people who don’t have a fixed, regular or consistent amount of income may benefit from having a mortgage that allows them to lower the amount they pay at certain times.

The interest rates on a flexible mortgage will vary depending on your personal circumstances. We recommend speaking to a reputable mortgage broker who can assess your income, ability to repay a flexible mortgage and present you with the options available to you. If you’d like to hear from a mortgage advisor at Private Wealth Mortgages, simply complete our contact form here and we’ll ensure someone gets in touch as soon as possible.


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Private Wealth Mortgages Ltd is authorised and regulated by the Financial Conduct Authority. FCA Number: 445980

Private Wealth Mortgages Ltd, Hillreed House, 54 Queen St, Horsham, West Sussex, RH13 5AD

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