Including all fees , or they could switch to a tracker, some of which only ask the base rate of 4. 75%. You can often borrow more - perhaps for some home improvements - up to your limit. The range of uk mortgages has increased dramatically over the past few years. Key pros and cons of current, offset and all in one mortgages pros.

Which type of interest rate is suitable for you?The most popular way to buy a house is with capital and interest mortgages - over 70% of first- time buyers and over 60% of existing homeowners chose them in 2005. Sign up now for a 3- week free trial. You'd then be stuck paying the minimum interest rate agreed on your tracker mortgage at the start. Simpler to understand than some other types of mortgages. You may also have heard of current account or offset mortgages. Flexible mortgages are there to suit your financial habits, so you may find that a particular feature is of great benefit.