Introduction
Your home may be repossessed if you do not keep up repayments on your mortgage.
We usually charge an administration fee for the initial research involved in sourcing a mortgage which is £147 plus VAT. If you decide to proceed with your mortgage we do not tend to charge a fee because we receive commission from the lender at completion. However, you could choose to receive any commission and pay us a equivalent fee directly instead. This is would typically be 0.5% of the loan, so for a £100,000 mortgage, our fee would be £500.Mortgages tailored to your needs
Your mortgage is probably the largest financial transaction and commitment you are likely to undertake. Surely then you should seek mortgage advice which is individually tailored to your needs and requirements?
We are not tied to any particular lender, which means that we have the ability to act on your behalf, representing your best interests, in order to establish the most appropriate mortgage solution for you.
The credit crunch, which started in 2007, dried up the supply of mortgage finance with some specialist lenders being driven out altogether. Now there are a smaller number of mortgage lenders that have increased their hold over the market for new UK home loans.
The lending community itself has undergone dramatic change, with many lenders either merging or ceasing lending altogether. Fewer lenders means less competition, and those lenders still in the market have only limited amounts to lend, so they aren't competing so hard with each other if borrowers do not have a substantial deposit.
Lenders have become much more careful about who they lend to, and on what terms.
We look at your mortgage not only as a loan to buy your home, but as part of your overall financial profile, in order that it ties in with your intended retirement date, when you plan to start a family and when you wish to move home.
Based on the information you provide in your meeting with our adviser (it is essential that you provide truthful and up to date information), we will search the mortgage market reviewing the lenders available, some of which offer exclusive products to brokers such as ourselves, to determine which lender will offer you the most attractive mortgage options suited to your particular requirements.
One of our mortgage experts will then contact you to discuss your enquiry, source the products on your behalf, answer any queries you may have and provide you with any further information you may require.
