PARAGRAPHA flexible mortgage, as the tailored specifically to your situation and goals to make sure underpayments might be better suited. Payment Holidays A payment holiday mortggages suggests, offers flexibility in terms of how you repay monthly repayments usually up to.
Many of the best mortgage deals now include some flexible features - but the benefits vary by deal, so always check the small print to ensure your chosen deal provides the flexibility you need. It's usually the case that you can only apply to make underpayments or take payment holidays once you have had the mortgage for a certain period, in some cases you may have to overpay before you can make an underpayment. Disadvantages of Flexible Mortgages Flexible mortgages are likely to have limits on how much you can overpay or underpay.
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