At any one time there may be hundreds of different mortgage options, only some of which will meet your needs.
While spending your lunchtimes and Saturdays walking from one bank or building society to another will normally get you a mortgage, a Mortgage Adviser may well be able to get you better terms.
A Mortgage Adviser will use powerful computer databases to sort through the whole range of mortgages and identify the best ones for your current circumstances.
We are independent mortgage advisors and that includes the whole market place, including direct only deals which we will refer you to if one of those is best for you.
The worst news we are going to give you is that the one you have found is the best deal. The reverse is usually the case and we would expect to save you money on any deal you may have found for yourself.
That done, a Mortgage Adviser will also oversee the process of actually completing on the mortgage, ensuring that all the parties (lawyers, lender, yourself) etc have all the right documentation at the right time. This is an essential part of the service, as all too often communication breakdowns lead to otherwise unnecessary delays and complications, and their role is to ensure that all progresses as smoothly as possible.
If you are just starting to look for property and are unsure as to how much you can borrow, try this useful Mortgage Calculator. If you want to know what sort of terms might be available then a Mortgage Adviser can give guidance on this so that you don't waste time pursuing unsuitable properties.
The elements of a mortgage
- Interest Rate choice
- Interest Rate Calculator
- The Early Repayment Charges
- The Higher Lending Charge
- The Repayment of Capital
- Lifetime Mortgages
A Mortgage Adviser will be pleased to explain these elements in more detail, and how they affect your specific needs and requirements. Written quotations are available on request.
Your property may be repossessed if you do not keep up repayments on your mortgage.
For details of our fees for mortgage business please see our page "How we are Paid".