Variable Rate Mortgage Explained
This is, in contrast to a fixed rate mortgage, a mortgage where the payments will go up and down with changes that may occur in interest rates. When interest rates go down then you will usually see that your payments will come down; when interest rates go up you will certainly find that your payments go up.
Property Articles
We hope you find this mortgage glossary / explanation of mortgage terms useful. You might also be interested in our articles on a range of property related issues, a selection of which are listed below:- Spanish Property - Gestors to Mortgage
- Second home mortgages
- Viewing a Property
- Mortgage FAQ
- Choosing Commercial Premises
- Reducing the risk of currency fluctuations when buying property
- Property Auction Glossary
- Buying a New Build
- Mortgage payment protection insurance
- Home Information Pack Contents
- Considering Location When Buying
- Questions to ask when viewing a house
- Agricultural Mortgages
- Commercial mortgage fees and repayments
- Renting Commercial Property
