YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Abacus Financial Ltd is authorised and regulated by the Financial Services Authority and is entered on the FSA register under reference 461796. We charge a fee for mortgage advice and this is £99. Loans are subject to status, value and type of property. Think carefully before securing other debts against your home. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The FSA does not regulate all forms of the products or services we provide. Sometimes we may pass your enquiry to our trading style of Abacus Associates. These pages provide generic information about various aspects of financial services advice that we provide either directly or as a referral service through carefully selected partners, as well as possible areas of clients’ financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Abacus Financial Ltd is registered in England, Registered number 5301473, Registered Address: 4 Thomas More Square, London E1W 1YW. VAT Registration Number 977 2291 81
Flexible Mortgages
Many mortgages offer some degree of flexibility these days and they are classed as flexible because they allow you to overpay or underpay your monthly payment, and even take payment holidays.
Flexible mortgages may be interest-only or repayment mortgages that attract fixed or variable rates!
Generally speaking you can also increase your loan, without the need for a new application, to a pre-agreed limit or by borrowing against any overpayments you may have made. Some Flexible mortgages even allow you to put all of your financial arrangements (such as your bank account, overdraft, loan, savings account) together as one facility, secured against your home.
The different benefits of taking a flexible mortgage are somethins you should ask your Abacus adviser about. We're here to help!