First Time Buyers

Your mortgage (and purchasing your home) will perhaps be the most important financial decision you have made up to now - and, in fact, may ever have to make! The wrong decision could cost you thousands of pounds! We can help you to find the most appropriate and competitive first time buyer mortgage to meet your specific needs.

Do you want all the benefits and features of a qualified, professional mortgage adviser who will act on your behalf? We hold your hand and guide you through the mortgage maze. Complete the online enquiry form.

We like people to remain in control, so you have a choice in your methods of contact; face to face, phone or e-mail.

Self Certification

A Self-Certification Mortgage is a mortgage product where you will not be required by the lender to provide physical proof of your income in the form of accounts or pay slips. You simply have to certify (sign) to say that you have adequate income or available funds to make the required mortgage payments in full and on time. This is an ideal feature for people that either can't show physical proof of their income, for a variety of reasons. Self Certification Mortgages are available to people who are self-employed or employed and have income from a variety of sources e.g. basic + commission.

Some lenders provide a further variation called "non-status", whereby you do not even have to state an income as part of the application.

Our service can introduce you to advice on hundreds of Self-Certification Mortgage deals that are available from a wide variety of UK mortgage lenders. Self Certification deal types may be in the form of discounted, fixed, variable rate, capped, tracker and flexible / offset mortgage deals. This service may provide you with access to some 'exclusive' mortgage deals that are not available direct to lender or through other intermediary sources which you cannot get youself.

Please note, it is an offence to certify a false income on a mortgage application form.

We believe that regulated service is the best service!

Bad Credit Mortgage

A bad or adverse credit rating could have, in the past, been the reason for a mortgage or loan application being declined. Bad credit can be the result of:

County Court Judgement
Defaults
Mortgage/Rent/Loan arrears

It can also be the result of something as basic as a missed payment to a music club or catalogue. There are many lenders in the marketplace who specialise in this type of mortgage.

Debt Consolidation

As the value of most people’s properties have increased quite significantly in the last few years, a lot of people have equity in their property.

This means that the mortgage they owe is considerably less that the value of their home.

As mortgage rates are less expensive than other types of finance eg. car loans, credit cards, hire purchase, personal loans, it may be cheaper on a monthly basis to increase the mortgage and repay the other finances.

This would result in ONE convenient monthly repayment at a cheaper interest rate.

Equity Release

Lifetime Mortgages

Currently the most popular means of unlocking the cash in your home involves taking out a lifetime mortgage.

You borrow a set amount of money against the value of your home in the form of a mortgage. This is normally in the form of one lump sum, although there are now plans available that will allow you to take it out as you need it, which could be advantageous in minimising the amount of interest owed.

You can then spend the money you release as you wish (as long as any outstanding mortgage is settled first). The best way to visualise it is to think of it as a long-term loan, secured against the value of your property, that is paid off when your home is sold.

You and your partner continue to live in your home and have no interest to pay at all during your lifetime. Instead, "compound interest" is added or "rolled up" with the loan. The whole debt is then paid off using the proceeds from the sale of the property when the last survivor dies, or moves into a nursing home.

Advantages of Lifetime Mortgages

• Typically available to those as young as 55.
• You keep ownership of your own home and could still benefit from any rises in house prices.
• You know how much money you will receive from the scheme at the outset.
• Possibility of leaving some equity to your heirs, depending on the size and length of your loan.
• Regulated by the Financial Services Authority

Disadvantages of Lifetime Mortgages

• Your debt will grow over time, although this can be limited by only releasing money you need when you need it.
• The entire equity in your property may be exhausted, leaving nothing for your family.
• If you choose to repay the loan early, early repayment charges may apply.
• Your tax position and eligibility for means tested benefits may be affected, as might your options for moving or selling your home in the future.

This is a lifetime mortgage. To understand the features and risks, you must speak to a regulated Adviser. Our advisers are not regulated in this area as yet but we can introduce you to other advisers who are properly qualified

Buy to Let

Buy To Let mortgage is a mortgage loan secured against a property that is rented / let out to a third party(s) by the applicant (borrower) and is not lived in / occupied by the borrower. It can otherwise be known as an investment mortgage, investment property mortgage or a commercial mortgage.

In calculating the affordability of Buy To Let Mortgages, lenders will make an assessment of the rent ability of the property, and assess the expected rental value per month - i.e. how easy they feel it will be to rent the property out, and what the expected / anticipated monthly rental income will be. Different lenders use different rental equations / calculations, but the standard is that the anticipated rental income must equal between 100% and 125% of the monthly mortgage payment. Some lenders will take the applicants income into consideration also if the rental cover is tight. Although there have occasionally been 90% LTV products available on Buy To Let products, the typical buy to let mortgage requires a minimum deposit of 15% - so a maximum LTV of 85%.

We will search the lending market and produce information for you on those products which are most likely to meet your criteria. We are proud to help you to find the most appropriate buy to let mortgage to meet your individual needs, at no obligation. Simply click the button to submit an enquiry.

We believe that regulated service is the best service!

Let to Buy

Many people who are looking to move home decide that they would rather keep their existing property to let it out as a form of investment.

This type of mortgage allows you to lease your property, continue with your existing mortgage (which would be paid each month by the rental income which it generates) and allow you to go ahead and purchase your new property.

Council House Purchase

A Right To Buy, is an offer to Council Tenants who have lived in their Council property for more than 2 years, to purchase their property from the Council. The purchase of the property, is usually offered at a discount price ranging from 32% to 70% (depending on time lived at address) - although discounts vary from council to council. Exercising the right to buy a council property is subject to the terms and conditions of the landlord, and these may differ from case to case, and council to council.

If you are looking to purchase your council property under a Right To Buy scheme, then it is of great importance to obtain advice to help you find and obtain the most appropriate mortgage to meet your needs. You may want to obtain a mortgage agreement in principle - this is an agreement (in principle) by a mortgage lender to provide you with the mortgage loan finance that you require to buy your property. Simply click the button and complete our brief enquiry form - to gain whole of market advice on Right To Buy Mortgages (no obligation) :-

We believe that you should have advice to help guide you through the mortgage maze.

Self Build

Anyone who is thinking of building their own home, renovating an old property or converting an old barn will be well aware that it is a complex activity, much more so than simply buying a house.

The Self Build mortgage deals with the full process from initially buying the land until completion and with all stages in between. It is also possible for the client to remain in their own home whilst building the new property.