Most flexible mortgage

skivy71

Hi,
I'm almost 50 and due to bankruptcy a few years ago, I'll be starting out a fresh.
It's almost certain I'll be starting a good job soon, which would allow me to really push high amounts towards a mortgage and get it paid off much sooner (10 - 15 years hopefully).
Are there any providers who cater for this, since they'll be losing out quite a bit (and assuming they'll look at me, due to history).
Thanks

skivy71

I'm sure they don't accept new clients, but my old "One Account" would of been perfect for this.
Are there any modern day providers offering similar?

getmore4less

The One Account was not a very good product,  flexible but VERY expensive compare to the other options with the same facilities

There are plenty of other options if you can get a mortgage from the lenders that offer them

Quite a few offsets about 
Next are the flexible trackers with unlimited overpayments and no ERC
First direct has unlimited(as long as you don't redeem in full) but I think they are picky on accepting clients.
Barclays have very generous ERC free overpayments a lot more than the 10%

Given bankruptcy in the background I would be looking for a broker to match up a suitable lender.

K_S

skivy71 said:

Hi,
I'm almost 50 and due to bankruptcy a few years ago, I'll be starting out a fresh.
It's almost certain I'll be starting a good job soon, which would allow me to really push high amounts towards a mortgage and get it paid off much sooner (10 - 15 years hopefully).
Are there any providers who cater for this, since they'll be losing out quite a bit (and assuming they'll look at me, due to history).
Thanks

@skivy71 Given that your term is likely to max out at 19 years or so (with most lenders), there are plenty of ways to get the flexibility you need to be able to pay off your mortgage within 10-15 years.

What kind of products/lenders/rates you will have access to will largely depend on how long ago your BR was discharged, whether you have had a historic repo, what your credit files look like, size of your deposit, if your new job is preceded by a significant break in continous employment, etc.