Mortgage Services and Financing

MortgageTek offers a wide variety of mortgage services.

pre aproval mortgage

Fixed-Rate Mortgages

With a fixed-rate mortgage, the interest rate remains constant for a set period, typically two to ten years. This gives borrowers certainty and stability, as their monthly mortgage payments stay the same during the fixed-rate period.

Tracker Mortgages

Tracker Mortgages

Tracker mortgages have an interest rate that tracks the Bank of England’s base rate or another specified interest rate. As the base rate fluctuates, the mortgage rate also adjusts, impacting the monthly payments accordingly.

Repayment Mortgages

Repayment Mortgages

In a repayment mortgage, borrowers make regular monthly payments, including the principal amount and interest. Over time, the mortgage balance reduces, and the loan is fully repaid at the end of the term.

Retirement Interest-Only Mortgages

Retirement Interest-Only Mortgages

Retirement interest-only mortgages are designed for older borrowers and offer interest-only repayments throughout retirement. The loan is repaid when the borrower sells the property, moves into long-term care, or passes away.

Overseas Mortgages

Overseas Mortgages

Overseas mortgages are designed for individuals purchasing property abroad. The mortgages may have specific terms and requirements depending on the country and lender.

capped rate mortgages

Capped Rate Mortgages

Capped Rate Mortgages are a type of home loan in the UK where the interest rate is capped, meaning it cannot go above a specified level during a set period, typically a few years. This offers borrowers some protection against rising interest rates, providing financial security.

Discounted rate  Mortgages

Discounted Rate Mortgages

Discounted Rate Mortgages in the UK offer borrowers an initial interest rate that is lower than the lender’s standard variable rate (SVR). This discounted rate typically applies for a set period, often 2-5 years. While it can result in lower initial monthly payments, the rate is variable and can rise or fall with changes in the lender’s SVR. Borrowers should budget for potential rate increases when the discount period ends.

First-Time Homebuyer

First Time Buyer Contractor Mortgages

First Time Buyer Contractor Mortgages in the UK cater to self-employed individuals or contractors buying their first home. Lenders assess eligibility based on contract income, not traditional employment. They typically require a minimum contract length and details of your contracting history. Interest rates and terms vary, so it’s crucial to compare offers. Seek expert advice and ensure you meet the lender’s criteria for approval as a first-time buyer who’s a contractor.

Variable rate mortgages

Variable Rate Mortgages

Variable Rate Mortgages in the UK have interest rates that can fluctuate over time. These rates are often tied to the lender’s standard variable rate (SVR) and can change in response to economic factors such as the Bank of England’s base rate. Monthly mortgage payments can go up or down as the interest rate changes, making budgeting less predictable compared to fixed-rate mortgages.

IT Contractor Mortgages

IT Contractor Mortgages

IT Contractor Mortgages in the UK cater to individuals working in the IT sector who are typically self-employed or operate as contractors. These mortgages recognize the unique financial situation of IT contractors, who often have irregular income due to the project-based nature of their work.

Engineer Contractor Mortgages

Engineer Contractor Mortgages in the UK are home loans designed for self-employed engineers or contractors. These mortgages consider contract income for eligibility and may require a minimum contract length. Interest rates and terms vary, so comparing offers is essential. Expert advice can help secure the right mortgage.

Seafarer Mortgage

A Seafarer Mortgage in the UK is designed for individuals working in the maritime industry, such as seafarers and offshore workers. 

Second Charge Mortgage

Second Charge Mortgage is a loan secured against your property in addition to your primary (first charge) mortgage. It allows you to use the equity in your home as collateral for borrowing more money.

Self Employed Mortgages

Self-employed mortgages are designed for individuals who work for themselves and don’t have traditional payslips. Lenders assess eligibility based on income, using tax returns and business accounts


Contractor Mortgages

These mortgages consider your contract income rather than traditional employment, making them suitable for freelancers, consultants, or temporary workers. Lenders often require a minimum contract length and may ask for details about your contracting history. Interest rates and terms can vary, so it’s crucial to compare offers and, if needed, seek expert advice to secure the most suitable mortgage deal for your specific circumstances.

Discount mortgages

Discount Mortgages

Discount mortgages offer a variable interest rate set at a specific discount below the lender’s standard variable rate for a limited period. This means borrowers pay a reduced interest rate during the discount period, providing potential savings on mortgage payments.

Guarantor Mortgages

Guarantor Mortgages

Guarantor mortgages involve a third party (usually a family member) offering to guarantee the borrower’s mortgage repayments. This arrangement can help borrowers with limited deposits or lower credit scores secure a mortgage.

Standard Variable Rate Mortgages

Standard Variable Rate Mortgages

A standard variable rate (SVR) mortgage is the lender’s default rate, which can fluctuate in response to changes in the broader financial market. Borrowers on SVR mortgages may experience changes in their monthly payments.

Interest-Only Mortgages

Interest-Only Mortgages

With interest-only mortgages, borrowers only pay the interest on the loan each month, not the principal. At the end of the mortgage term, borrowers must repay the entire loan using other means, such as savings or investments.

95% Mortgages and 100% Mortgages

95% Mortgages and 100% Mortgages

These mortgages allow borrowers to secure a mortgage with a lower deposit amount (e.g., 5% or 0%), enabling more people to enter the property market.

buy to let mortgages

Buy to Let Mortgages

Buy to let mortgages are loans for purchasing investment properties, allowing landlords to rent them out for income. Deposit and interest rates apply.

Cashback Mortgages

Cashback Mortgages

Cashback Mortgages in the UK offer borrowers a cash sum when they take out a mortgage. This cashback is usually a percentage of the loan amount and can help with initial expenses like moving costs or home improvements. However, interest rates on cashback mortgages may be slightly higher, so it’s important to consider the trade-off between upfront cash and long-term borrowing costs.

fixed rate mortgages

Fixed Rate Mortgages

Fixed Rate Mortgages in the UK provide borrowers with a stable interest rate for a specified period, commonly 2 to 5 years, though longer terms are available. During this time, monthly payments remain constant, offering budgetary predictability. However, if market interest rates drop, you won’t benefit from lower rates. Conversely, if rates rise, you’re shielded from increased payments. After the fixed period, you’ll typically switch to the lender’s standard variable rate (SVR), potentially resulting in higher payments.

Remortgages For Contractors

Remortgage for contractors

Remortgages for contractors in the UK are home loan refinancing options tailored to self-employed individuals or those on contract work. These mortgages allow you to switch your existing mortgage to a new deal with better terms, potentially lowering your monthly payments or securing a more favourable interest rate. 

First Time Buyer Mortgages for Contractors

First Time Buyers

First Time Buyers’ Mortgages for Contractors in the UK are specialized home loans designed for self-employed individuals or contractors who are purchasing their first property. Lenders offering these mortgages understand the unique financial circumstances of contractors, who often have irregular income due to the nature of their work.

home mover mortgages

Home Mover Mortgages

Home Mover Mortgages aid existing homeowners in buying a new property by using the equity from their current one. Various terms and rates are available, with eligibility based on factors like income and credit.

docrtors mortgages

Doctor's Mortgages in the UK

Doctor’s Mortgages in the UK are tailored to medical professionals. They offer benefits like lower deposits, recognizing their income stability. Eligibility criteria and terms can vary. Consider options and expert advice when seeking a doctor’s mortgage.

Mortgages for Interim Managers

Mortgages for Interim Managers in the UK cater to self-employed professionals who work on temporary or interim contracts. These mortgages consider your contract income and may require a minimum contract length. Interest rates and terms can vary among lenders, so comparing options is important. Seek expert advice to navigate the mortgage process as an interim manager and ensure you meet the lender’s criteria for approval.

Mortgages for Interim Managers

Offset Mortgages in the UK are home loans that allow you to link your mortgage to your savings and sometimes your current account. The balance of these accounts is offset against your outstanding mortgage balance. This means you only pay interest on the difference between your savings and mortgage debt. It can help reduce your total interest and potentially shorten your mortgage term. 

Offset Mortgages

Offset Mortgages

Offset mortgages link borrowers’ savings and/or current accounts to their mortgage balance. The amount in the linked account reduces the mortgage interest charged, potentially allowing borrowers to pay off their mortgage faster.

 MortgageTek Commercial  Finance 

MortgageTek Commercial provides comprehensive financial solutions tailored to businesses and property projects. With secured loans, companies can leverage assets for more significant amounts at competitive rates. Bridging finance offers swift funding for property transactions and urgent needs. Commercial finance supports growth, acquisitions, and working capital requirements. Development finance empowers property developers with land acquisition and construction funds, bringing visions to reality. With expert guidance, we ensure businesses achieve their goals quickly and confidently.

Secured Loans:

Secured Loans

 Secured loans are backed by collateral, typically property or assets, providing lenders with added security and allowing borrowers to access more significant loan amounts at lower interest rates. However, failure to repay the loan may result in the lender repossessing the collateral.

Commercial Finance

Commercial Finance

Commercial finance provides businesses with capital for growth, property acquisitions, equipment purchases, and working capital needs, supporting their expansion and operational requirements. It offers tailored financial solutions to help businesses thrive and achieve their goals.



 Bridging finance offers short-term funding to bridge the gap between property transactions, enabling swift purchases or addressing urgent financial needs. It provides a flexible and timely solution until more permanent financing is arranged.

Development Finance

Development Finance

Development finance funds property development projects, covering expenses like land acquisition and construction costs, enabling developers to bring their visions to life and turn potential into reality. It offers specialized financing solutions to support ambitious property ventures.

At MortgageTek, we offer diverse mortgage options to suit our client’s unique financial situations and preferences. Our experienced mortgage experts are here to guide you through the process and help you find the most suitable mortgage type for your needs.

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Take the First Step Towards Your Dream Home Today

Are you ready to turn your dream of owning a home into a reality?

Let MortgageTek, your trusted mortgage broker, guide you through the process with expert advice and personalized service.

Contact us now to schedule a consultation and discover the best mortgage options tailored to your needs and budget. Our team is here to answer all your questions and support you every step of the way.



Don’t delay any longer!

Your dream home awaits, and Mortgage Tek is here to make it happen. Contact us today and experience the joy of finding the perfect mortgage solution.

Find more about the complete mortgage services with MortgageTek

Finding a reliable mortgage service can be overwhelming, but not when you’ve got MortgageTek on your side. We have a complete suite of mortgage services designed to simplify the process for you. It’s no secret that securing a mortgage is often a complex process, but with MortgageTek, it’s a different story. You’ll find that we’re more than just mortgage brokers. We understand how important your home is to you, so we make it our business to ensure you get the best financing options.


That’s not all, we got a host of mortgage tools that help simplify the whole process. MortgageTek’s mortgage calculators, loan comparison tools, and educational resources equip you with vital information, making you more confident and informed about your decisions. Trust us when we say having these tools make understanding and navigating the world of mortgages easier. These tools give you the power to take control of your financial future.


What sets MortgageTek apart is its commitment to our customers. Every service you need is all in one place. To understand that you want a complete and trustworthy service when it comes to your mortgage. MortgageTek provides a comprehensive mortgage service that simplifies the whole mortgage and financing process so you don’t have to worry about a thing. It’s all about making home ownership easy for you.


Now, let’s talk about mortgage lenders. As part of MortgageTek’s complete mortgage service, they work closely with lenders to help you secure the best loan deals possible. This collaboration ensures that your loan application is reviewed and processed efficiently. It also increases your chances of getting approved. So when it comes to servicing your mortgage, choose MortgageTek. You’ll discover they are a team of professionals dedicated to making your home ownership journey smooth and successful.

Finally, let’s not forget our fantastic financing deals. MortgageTek makes it easier for you to find the best financing deals available. Their team works tirelessly to bring you the best loan terms and interest rates. Whether buying your first home or refinancing your current one, MortgageTek is the perfect partner for all your mortgage needs. We have our customers at heart, making them the go-to bank for many homebuyers.


The experienced professionals at MortgageTek offer a variety of services. We’re not just limited to providing traditional loans or mortgages. We go the extra mile by offering complete financial services and consultations to simplify the loan process. MortgageTek’s comprehensive mortgage service includes assisting you with everything, from understanding your credit score to applying for a loan through closing. The complete mortgage service will help you achieve your home ownership dreams.


MortgageTek’s mission is clear – to offer a complete mortgage service that makes securing a mortgage and financing your home as easy as possible. It’s not just about offering accounts and loans; it’s about providing a service worth every penny. With MortgageTek, you can rest assured knowing you’re in good hands.

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Address 31, Metro Centre, Dwight Rd, Northwood, Watford WD18 9SB
Phone 020 3827 8558

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