Advice on the
We can help you find the best deal for your circumstances, improving your chance of a successful application.
Whether you are looking to get on the property ladder for the first time, or upsizing to accommodate a growing family, buying a home is one of the most important decisions you will make. There are hundreds of mortgage deals available in the market, which means you have a number of choices. Should you opt for a fixed deal or variable rate? Would it be better to go with a short repayment term to clear your mortgage more quickly, or should you give yourself more breathing space each month? Will you qualify for the mortgage you want, and how can you find out?
If you are a buy-to-let investor, you probably have a good handle on the property and mortgage market. But you could still benefit from advice on the best deals available, particularly if you have multiple properties.
The Financial Conduct Authority does not regulate some forms of Buy to Let Mortgages.
Your home may be repossessed if you do not keep up with repayments on your mortgage.
Excellent and simple advice given that matched my personal situation and circumstance.
Would recommend highly.
Recently divorced client, age 62, working 20 hours per week, was unable to raise standard mortgage borrowing but has a good deposit via divorce settlement.
We advised the client she was still able to purchase a new property to live in via lifetime lending as this type of lending is not affordability based and interest can be serviced (to keep the loan amount at its original value) or rolled up (and added to the loan). The loan is not repayable until the client dies or leaves the property for long term care.
This has meant the difference for this client between going into rented accommodation, and potentially losing the entire divorce settlement in future rent or owning and residing in her own property.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
Helping you make the big decisions around funding your property purchase. Key points to consider are:
Qualifying for a Mortgage
When you apply for a mortgage, this leaves a footprint on your credit report. Multiple searches can impact your credit score, which means it’s worth investigating the deals you might be eligible for first. We can help you find the best deal for your circumstances, improving your chance of a successful application.
Interest Rate and Fees
We can help you find the best interest rate, but this is not the only thing to consider. Some mortgages include fees, which can be added to your loan amount. This will increase the effective rate as you will be paying interest on your fees for the term of your mortgage. We look at all the variables to ensure you receive the best deal.
Interest-Only or Repayment
A repayment mortgage offers more security as you are reducing your borrowing every month. Interest-only provides more flexibility, but you need to have a plan to repay the capital. We can advise you on the most suitable route for your circumstances.
Fixed or Variable
Fixing your deal can give you more certainty over monthly repayments, but may be more expensive initially than a variable deal. The variable option means that if rates go down, your payments will reduce. We can help you decide which option will work best for you.
A longer repayment term means your monthly repayments will be lower, but you will pay more over the term of your mortgage. We can advise on the right repayment term for you, taking into account your wider financial picture.
As well as helping you with the important decisions, we can also assist with your application and deal with the lender on your behalf. This means you don’t need to worry about the application process or follow up with the lender. We will handle this for you and keep you updated.