We are independent mortgage brokers, with over 20 years' global commercial 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.
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 capital, repayment and interest only. It is also sometimes possible to set this up using a combination of the two.
Repayment (capital and interest)
Monthly repayments consist of both interest and capital; hence, over time, the amount of money you actually owe will decrease. In the early years, repayments are mainly interest payments only, and the capital outstanding will reduce slowly in the early years. This method ensures that the mortgage is repaid at the end of the term providing all payments are made on time and in full.
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.
The following mortgage types are available:
There are several questions any lender will need to know; from the size of your deposit to your employment history and future prospects and to get you seamlessly through the application process we recommend you contact us before you start your property search.
You'll get expert advice and support throughout the entire mortgage process. Depending on the complexity of the case, the amount of research and administration that is required, the fee charged for this work will be between £0 and £495; however, you will be advised accordingly.
Please note your home or property may be repossessed if you do not keep up your repayments on your mortgage.