With 3Sixty Accountants you can obtain mortgage advice which is reliable, appropriate and impartial. Whether you are buying a property for the first time or planning to re-mortgage, our experts are here to assist and guide you. We can provide the following interest options for mortgages:
Various interest rates
Fixed rate – A set rate of interest which remains constant.
Variable rate – the rate changes and consequently the monthly repayments can vary according to the fluctuations in the rate.
Tracker rate – a variable rate which is linked to the base rate of Bank of England.
Discount rate – a discounted variable rate from lender’s standard rate
Capped rate – a variable rate from which the interest rate cannot go higher (even if the interest rate increases)
Still confused with the terms? Call us today and our experts will guide you further.