A Mortgage Reserve Account is suitable for all normal mortgage purposes, including remortgaging or acquiring a second home in the UK or overseas. Please note, your main UK residence must be used as security. If you move home during your term, your Mortgage Reserve Account can be taken with you to your new property.
The exceptional flexibility of our Mortgage Reserve Account makes it especially well suited to clients with high but irregular incomes. Please also note, this product may be unsuitable for certain purposes and you are advised to consult your tax specialist.