Mortgages
Compare the best deals to find your perfect mortgage
Regardless of what you are looking for our expert mortgage advisers can help
Mortgages can be confusing. There are lots of lenders and thousands of different mortgage products so it can be hard to choose one, and to find out if you even qualify for it. Our mortgage advisers are here to help guide you through the mortgage minefield and to simplify the process for you. We will talk you through the different deals, those that you qualify for and those you don’t, to ensure we get you the best mortgage deal available for you.
Once we have found a mortgage product you are happy with, we will manage the entire process from submitting the application through to completion for you, doing the legwork so you don’t have to. Our team are on hand to answer queries and liaise with all parties to ensure the journey is as smooth and stress free as possible.
Call us today on 01903 222940
What Mortgage Do You Need?
First Time Buyer
The first step onto the property ladder is a big one. We can provide the guidance needed to make sure you avoid any pitfalls.
Re-mortgage
On the variable rate or is your current mortgage deal ending soon? Your existing lender may not be the best. Find out who is.
Moving Home
Whether upsizing to accommodate an expanding family or downsizing to free up equity we can help.
Buy To Let
Whether buying your first investment property, a seasoned BTL investor or limited company landlord explore your options here.
Equity Release
For those in or approaching retirement, there may be more mortgage options available than you realise, whether moving home, staying put or raising funds.
Commercial
Whether it’s a mortgage for a shop, factory, warehouse, or property portfolio, if its commercial property we can get a mortgage on it.
Bridging
If you are in need of finance quickly, and only short term, this could work for you. See if you are eligible and if it’s your best option.
Specialist
Self employed? Contractor? Adverse debts? 1 year’s accounts? There are mortgage options available, and our specialist brokers can help you find them.
Over 12,000 mortgages and over 120 different lenders
More complex situation? We can help – Call us on 01903 222 940
What product is best for me?
This fixes your interest rate so that you have a stable monthly payment for a defined period of time, typically 2, 3, 5 or 10 years. This is ideal if you want to know exactly what your payments will be each month as payments are guaranteed for the term of the initial fixed rate period.
At the end of the fixed rate period, your mortgage will normally revert onto the lender standard variable rate or a base rate tracker, depending on the lender. This could mean that your mortgage payment will increase unless you secure another fixed rate product.
This is an interest rate that follows the Bank of England base rate so as this rate changes, so does your monthly payment. Monthly payments can go up and down. Typically, your interest rate is set at a fixed rate higher than the Bank of England base rate. For example, if your rate is at 1% above Base, then if base rate was 2.25% you would pay 3.25%. This will be for a defined period of time, normally 2 years but this can be as long as the whole mortgage term. At the end of the benefit period, you will normally revert to the lender’s standard variable rate. The benefit of this type of mortgage is that your payments can go down, but a downside is that they can also go up so budgeting for this is something to consider.
This is usually the rate you move onto after your initial interest rate ends and is set by each lender so often different lenders will have different standard variable rates. The lender can also decide when to increase or reduce this rate and it isn’t always in line with market movements such as changes in the Bank of England base rate. Typically, this is higher than any other rate so your payments can jump up significantly, but this mortgage would not ‘normally’ incur an Early Repayment Charge should you wish to either pay off a large lump sum of your mortgage or fully repay before the mortgage term ends.
This product is at a discount to the lender’s Standard Variable Rate (SVR). For example if the lender’s SVR is 7% and you have a 2% discount then you will pay 5%. However if the lender decides to change the SVR in line with business requirements or changes in the market then your interest rate and your monthly payment will also change.
Confused?
Choosing the right mortgage can be tricky.
Our expert advisers are here to help.
Call a member of our team for expert financial advice.
