We can help you get the mortgage you need for the home that you want

Frequently Asked Questions

All your popular questions answered: what is a mortgage?, how much can I borrow?, etc

Frequently asked questions

Sections:
Remortgage | Mortgage | Self Certification | Buy to Let | First Time Buyer

A quick guide to understanding the different types of mortgage products and rates

Mortgages are not all the same. There are several different types. Features and benefits can vary which is why it is important for you to understand how they work when making a decision on which mortgage is right for you.

  • Variable Rate
    Your payments go up and down as the mortgage rate changes (mortgage interest rates tend to move in line with the base rate set by the Bank of England, but there is sometimes a delay). Lenders set their own standard variable rates of interest.
  • Fixed Rate
    The interest rate is guaranteed to stay at a set level for a set period, regardless of any changes in the base rate.
  • Discounted Rate
    Your payments are variable, but they are set at less than that lender's standard variable rate for a period of time. At the end of the period, you are usually charged the lender's standard variable rate.
  • Base Rate Tracker
    The interest rate varies (up or down) directly in line with the Bank of England base rate.
  • Capped Rate
    The interest rate varies but doesn't go any higher than a set level, even if the base rate does go higher.

If you choose a fixed or discounted rate, make sure you'll be able to cope if your payments increase sharply at the end of the set period.

For more information speak to one of our mortgage consultants, Telephone 0800 345 7550. Alternatively, fill in the enquiry form below and we will come back to you within 24 hours.

Complete the No Obligation Enquiry Form below to get the ball rolling.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

No Obligation Enquiry Form

The first step to understanding your mortgage requirements is to simply fill in your details above and click the submit button. There is no obligation and no credit search will take place at this stage. Alternatively, you can call us on 0800 345 7550 (free phone). Please complete all fields marked with an asterisk*.

  • Enquire Now - No Obligation
  • Let us call you. Click here and leave your contact details
  • Frequently Asked Questions. Click here
  • STATEMENT

    Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

    DISCLAIMER

    Please read these terms and conditions carefully as it is essential that you recognise the nature of the contractual relationships entered into when you use products / services promoted on the Adverse Credit Mortgage website.

    Adverse Credit Mortgage is a trading style of Blue Egg Ltd.

    • Blue Egg Ltd is, for the purposes of these products and services, acting as an agent for third party suppliers. This means that you and the supplier enter into a direct contract and Blue Egg Ltd has no contractual liability to you in relation to that product.
    • Each supplier has their own terms and conditions relating to a product or service and it is vital that you familiarise yourself with those terms and conditions before proceeding to transaction completion.
    • As you are entering into a contractual relationship with the supplier you should address your queries and concerns with them directly. The contact details are provided on the website. Representatives of Blue Egg Ltd are unable to advise you on any products offered by third party suppliers.
    • Material relating to third party information, products and services is provided 'as is' without any representation or endorsement made and without warranty of any kind whether express or implied, including but not limited to the implied warranties of satisfactory quality, fitness for particular purpose, non-infringement of compatibility, security and accuracy.
    • In no event will Blue Egg Ltd be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from use or loss of use of, data, or profits, arising out of or in connection with the use of this web site and any material found upon it.