Dreaming of owning your first home, or moving to that perfect property you have your eye on that ticks all the boxes your present home just doesn’t tick, can be an exciting time.

That is until many prospective homeowners start looking for a mortgage. With so much information out there it can be overwhelming and for some rather stressful.

HSBC has developed their recent infographic below with all this in mind. With five clear, jargon-free explanations HSBC has made it easier to work out the basics, so home buyers are freed-up to seal the deal on their dream home.

What Types Of Mortgages Are There?
Source: HSBC