INDEPENDENT MORTGAGE ADVISERS
MORTGAGES
We are independent mortgage brokers, with over 30 years' retail banking and finance experience. Whether you are investing in property or are looking to buy your first home, we provide unbiased and bespoke advice, reviewing the entire market to find the best rates and mortgage advice for you.
We know a mortgage will probably be the single most important financial commitment you ever make. The range of options can be daunting, and rigorous lending criteria means the mortgage application process is more complicated than ever. Please refer to our Frequently Asked Questions for more details.
Banks, building societies, and smaller niche lenders compete for your business, all offering a variety of interest rate deals, associated fees and other enhancements to attract borrowers. We are here to navigate this process for you, reviewing all the products available and providing you with the best advice and mortgage for your needs.
The main methods of repaying a mortgage are repayment (capital and interest) and interest only. It is also sometimes possible to set this up using a combination of the two. Further details are below, but we will explain all the options to you in detail.
The following mortgage types are available:
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First-time Buyer
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Home Mover
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Remortgages
We also advise on the following specialist lending mortgages:
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Buy-to-let
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Lifetime Mortgages
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Equity Release
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Bridging
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Second Charge Mortgages
MORTGAGE CALCULATOR
Use our mortgage calculator to give you an idea of how much you could borrow and compare monthly payments.
This calculator is for illustrative purposes only and is not a mortgage offer. Before agreeing on any agreement, a credit search and full application are required, and lending requirements must be met.
The actual rate available will depend upon your circumstances; however, we will provide a personised "Key Facts Illustration" to help you make a decision.
REPAYMENT (CAPITAL AND INTEREST)
With these mortgages, monthly repayments consist of both interest and capital; hence, the amount of money you owe will decrease over time. However, in the early years, repayments are mainly interest payments only, and the capital outstanding will reduce slowly in the early years.
You make monthly repayments for an agreed period (known as the ‘term’) until you’ve paid back both the capital and the interest. As long as you keep up the repayments, your mortgage will be repaid at the end of the term. The term is usually 25 years.
INTEREST ONLY MORTGAGES
With interest-only you only repay the interest on the amount borrowed. At the end of the term, the capital is still outstanding. Usually, you need to take out some kind of investment policy to save up enough money to repay the mortgage at the end of the term.
Traditionally the preferred product for repaying the capital of an interest-only mortgage was a mortgage endowment policy, although more recently customers are using Individual Savings Accounts (ISAs) and pensions to build up a sufficient sum to repay the outstanding capital.
THINGS YOU NEED TO KNOW
There are several questions any lender will need to know, from the size of your deposit to your employment history and prospects. To get you seamlessly through the application process, we recommend contacting us before you start your property search. Please see our FAQs for all details.
We don’t charge for advice, but we charge a fee for our financial services and for completing an application. However, our fee is only payable once you have found a property and we have submitted a full application to the lender. This is a lifetime fee for the property when the tie-in period ends, such as the fixed or tracker rate, and we continue to service this mortgage at no extra cost.
You will get expert advice and support throughout the entire mortgage process, we thoroughly review a range of products across the whole market and advise and arrange the mortgage for you. The amount charged will be between £0 and £995 and is dependent on the amount of research and administration that is required. However, you will be advised on any costs in advance.
Please note that your home or property may be repossessed if you do not keep up your mortgage repayment.
The Financial Conduct Authority does not regulate some forms of buy-to-let mortgages.