There are a number of specialist mortgages available, tailored to meet the requirements of a wide range of different people.
Equity release mortgage
Equity release is a means of using the value of your home to receive either a lump sum of cash, or regular monthly instalments. Basically, you can release cash from your property, while continuing to live in your home.
Self-build is the term used when designing and building your own home, although it can also be used to describe the renovation of an existing property.
A commercial mortgage is a loan secured on a property that is not your residence, which you want to buy for business purposes.
It is fairly common for people living overseas to want to invest in the British property market, and there can be a number of positives to this as an investment.
It is against Islamic law to receive or pay interest, which has traditionally been a big problem for Muslims living in the UK, as it meant that only the very wealthy were able to buy homes because they had the ability to purchase properties outright.
A mortgage is a sum of money borrowed from a bank or building society, for the purchase of property. It is paid back over an agreed period (usually no less than 5 years).