First Time/Next Time Buyers
As a First Time buyer you will more than likely be new to the whole house buying process. We can guide you through the various areas of importance, starting firstly by explaining just what a mortgage is. It is nothing more than a very large loan which you have to pay back over the long term but there is a bit more to it as well.
Next Time Buyers will already be familiar with mortgages but still need just as much guidance on the extensive range and types of mortgages that are out there at any given time.
We can help and advise on the whole process. This may also include advice on other professionals such as Solicitors, Estate Agents and Surveyors. If you are self-employed we may also have to contact your Accountant to get your income confirmed and the correct paperwork from him-her.
When applying for a mortgage and making a commitment to paying back the money there are many areas that you need to consider with the main one being the interest rate which can be either a Fixed Rate, Standard Variable Rate, Discounted Rate or a Tracker Rate mortgage to name but a few. This is just one of the many decisions we can also help you make when you see the different rates from the different lenders in the market place.
Other decisions will be ones such as do you go for a mortgage that has fees attached or not, pay for a survey or take a free survey, take a cashback. We help to take all the decisions out of the process for you by giving unbiased financial advice in this area, an area that we have over 20 years’ experience advising on.
For mortgages, we can be paid by commission, a fee, or a combination of both. Our typical fee is £195
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.