At Property Secrets we get - perhaps unsurprisingly - a lot of questions about types of mortgages, the differences between them and various advantages and disadvantages. In other words, what is right for you and your property
investment plans, portfolio or personal.

Time then, we think, to run an at-a-glance, cut-through-the-hype guide to the various loan vehicles there are on the market.

Obviously, the mortgage market has become immensely sophisticated and we cannot hope to list every possible combination of mortgage types around.
But what we can do is explain the basic elements of the main types.

There’s plenty of this kind of information around, but usually it comes from people who are also trying to sell you something.  Well, we can assure you, this guide isn't! Bear in mind, though, that with mortgages, like shoes, one
size can never be said to fit all.

There are only two types of mortgage...