Flexible mortgage commonly known as Austrian style mortgage is a type of mortgage which gives permission to a borrower, to make overpayments and underpayments with out a penalty.

Important aspects:

1. It supports money withdrawal up to a pre agreed borrowing limit or equal to the sum of over payments made previously.
2. Here, the computation of rate of interest is done monthly rather than annually. It helps the borrower in saving thousands of pounds.
3. It is the cheapest means of money raising, than through personal loans or credit cards.

More References

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IPS Investment Property Spain – Investment Property Spain your Investment Portal for overseas investment and off plan property

Current Mortgage Rates – Mortgage company directory that includes mortgage related websites for free.