MORTGAGES
First Time Buyer
Buying a home is the largest purchase you’re likely to make. Getting onto the property ladder can be a big step.
If you’re a first-time buyer, you need to save for a deposit before looking at properties. Generally, you need to try to save at least 5% to 20% of the cost of the home you would like. Saving more than 5% will give you access to a wider range of cheaper mortgages available on the market. As a first-time home buyer, the most important thing to bear in mind is whether you can really afford to take this step. It’s wise to put together a budget before you start looking for a property. There are now also strict checks when you apply for a mortgage.
Remortgage
Is your current mortgage as competitive as the best new deals on the market today? New products, new rates and better deals appear all the time, meaning there could be huge potential for homeowners to get better value somewhere else. Regular mortgage reviews are an effective way of keeping an eye on the current market and could save you money in the long run.
There are many different reasons why you may want to remortgage:
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To obtain a more competitive rate and deal than the one you have
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To obtain a more flexible deal, as some mortgages now have additional flexible features than they used to. These include allowing you to overpay, underpay, take payment holidays, repay capital lump sums and change the term of your mortgage
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To raise extra money. You may want to spend this on home improvements or to help your children get on the property ladder
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To move to a mainstream mortgage. If you have an expensive mortgage, perhaps because you had a poor credit history or are self-employed, you may be able to remortgage to a cheaper standard mortgage when your circumstances change
Buy To Let
If you are a property developer with a large portfolio or a first-time landlord then we can certainly help.
We have access to ALL lenders and so will be able to help finance your portfolio whatever it's size.
If you have a limited company SPV that holds your buy to let properties then we can provide mortgage finance for this too.
Equity Release
The equity release market has become very sophisticated of late – and we have all the tools and product providers at our fingertips.
Whether you want to drawdown the maximum borrowing possible to fulfil your goals or you want an interest-only mortgage and still want to pay the monthly interest prior to converting to rolled up interest – we will be by your side guiding you through and assisting you to achieve your dreams.