Egg Mortgages

An Egg mortgage makes good financial sense.

Get the protection you need Minimise your financial worries by protecting your payments, your home and your possessions. The Egg Mortgage Payment Protection plan will take care of your mortgage payments if you need help for a while due to illness, injury or involuntary unemployment. You can choose the cover you need, it's tax-free, and it does not affect your eligibility for state or employer benefits. In addition, we offer flexible home and contents cover. All at competitive rates. While you are required to arrange for adequate buildings insurance prior to your Egg mortgage funds being released, you are not required to purchase it from us. We do, however, offer competitive products and rates. For a no obligation quote, call 08456 000 290.

Save interest by making overpayments Egg makes it easy to pay off your mortgage quickly, if that's what you'd like to do. There are no penalties for overpaying and since Egg calculates interest daily, overpayments will reduce the total amount of interest charged as soon as they clear. That saves you money in the long term. You can overpay at any time using lump sums of more than £500, or by simply increasing your regular monthly payments. What happens if you need the money back? If you have a basic variable rate mortgage, as long as your outstanding mortgage is greater than £26,000, you can withdraw your overpayments (subject to a minimum of £250) by phone or post, subject to status and conditions.

Opportunity for payment breaks We understand that life is full of changes and no matter how well you plan and budget, there may be times when money gets a bit tight. That's why you may be able to take a repayment break of up to 6 months if you've previously made 12 monthly repayments.

Choice of repayment dates Starting with the choice to apply online or over the telephone, Egg mortgages give you personal freedom. You can even choose the most convenient day in the month to make your repayments.

A moveable mortgage - suppose you decide you'd like to move again? No problem. You can normally transfer your Egg mortgage to a new property. How's that for flexibility?

Egg's professional commitment We treat you the way we'd want to be treated. We're open and fair in all our dealings with you. We use plain English, not financial jargon. We spell everything out so that there are no unexpected charges or other unpleasant surprises.