What is a Mortgage?
Essentially, a mortgage is a loan that is offered by a lender and is used to help you purchase a home. There are different types of mortgages available but interest will be paid on loan while the loan will be taken out over an agreed period of time.
What types of mortgages are available?
There are two types of mortgages available and these are known as repayment and interest-only mortgages. The product that is right for you will be determined by your needs and your circumstances.
How much can you borrow?
Once we have gone through your finances, we will then be able to provide you with an amount that you are likely to be able to borrow. Lenders will then carry out an affordability calculation that will consider what you can afford and what your expenditures are.
Are there any fees involved?
Yes. The biggest fee is likely to be the arrangement fee and this might also be known as the product fee. However, depending on the product you choose, there might not be any fee. Some lenders might also charge a booking fee while there might be a valuation fee too. However, we will discuss all fees with you when we go through your options because we believe in transparency.
How do I find the right mortgage deal?
There are many different mortgage deals out there as it is not just high street banks that offer them. Therefore, our team will go through the whole market to find the right deal.
Do you offer independent mortgage advice?
Yes, all of our advisors are qualified and trained to offer 100% independent advice. We only work to your circumstances which means you’ll only receive advice that fits your needs.
Are your mortgage advisers qualified?
Absolutely. All of our advisers are CeMAP qualified and FCA regulated which means that you can put your trust in us.
Will you find me the right mortgage deal?
We always work to your circumstances which means we only ever offer you the right product. As we have access to the whole mortgage market, we always consider the wide range of options that are available to you.
Is it possible to get a mortgage if I have bad credit?
While bad credit can make it more challenging to get a mortgage, our team will do everything possible to find the right lenders who are more likely to offer you a mortgage based on your circumstances.