Buying a Property
Choose the very best mortgage for your home, buy-to-let investment or commercial property.
Buying a Property
For most people, a mortgage is the single biggest financial commitment they will ever make. Whether it is to fund the purchase of your own home, a buy-to-let investment or for your business, buying a property can be a stressful time. We’re on hand to help you cut through the complexities and get the best possible mortgage. We’ll even manage the complete application process so you can relax knowing that everything is in hand.
Our team of chartered financial planners are on hand to guide you through the intricacies of the mortgage market and answer any questions you have. After we get to know you and your specific requirements, we research the whole mortgage market to find the very best deals. As we are completely independent and not tied to any mortgage provider or panel, we can get the very best rates available and can often secure special deals not available to the general public.
Once we have completed our research, we’ll recommend the perfect mortgage for you. If you want to go ahead, we’ll manage the entire process, from application through to completion so you have one less thing to worry about.
For first-time buyers looking to take their first step on the housing ladder, we can make the mortgage process seem less daunting and tell you all about the Government’s ‘Help-to-Buy’ scheme and how you could take advantage of this.
We can also help existing mortgage holders get a better deal. Re-mortgaging could reduce your monthly outgoings significantly or mean you can pay off your mortgage years sooner. We’ll do all the analysis and show you exactly how much better off you could be.
For property investors considering buy-to-let or experienced landlords, we offer a range of buy-to-let mortgage services. We can help you secure the very best rates and terms to ensure your property portfolio produces the best possible returns.
We also help business owners with commercial mortgages. Whether land or buildings, for your own business or as an investment, we can help find the very best mortgage for your needs.
Whatever you need when buying your next property, we’re here to help. Our friendly, professional team of financial planners can help you get the very best mortgage deal so you can buy the property you always dreamed of.
Our mortgage advice service includes:
- Affordability assessment
- Obtaining a decision in principle from a lender
- Recommending a specific mortgage product
- Recommending a suitable repayment strategy
- Submitting applications to lenders
- Monitoring and administration of applications through to completion
- Liaison with solicitors, surveyors, lenders and estate agents
- Researching, reviewing and recommending associated insurances
Some of the Questions We Can Help Address
We can help answer any questions you may have in relation to buying a property. Questions such as:
Should I use a fixed or variable rate mortgage?
Should I look for a mortgage policy that will allow me to take 'payment holidays'?
What will the total cost of taking out my mortgage be?
How much can I afford to borrow?
Should I use the government 'Help-to-Buy' scheme?
Can I overpay on my mortgage and what are the advantages?
Can I buy a commercial property through my pension scheme?
How should I go about purchasing a property abroad?
How big a deposit do I need?
Should I opt for an interest-only or capital repayment mortgage?
Are there any penalties if I repay my mortgage early?
What repayment term should I choose?
Should I remortgage now and what are the best deals?
Which buy-to-let mortgage would be best for my investment property?
What is the best commercial mortgage for me to buy a building for my company?
How do I go about finding a mortgage for an overseas property?
The Different Types of Mortgage
There are many different types of mortgage available today – each with their own unique features. Ensuring you choose the correct type of mortgage is crucial. We’re on hand to help every step of the way.
A discount mortgage gives you a lower rate for an agreed introductory period. A discount mortgage usually gives you a discount from the lenders Standard Variable Rate (SVR).
A fixed rate mortgage or re-mortgage gives you peace of mind on outgoings. With a fixed mortgage you know that whatever happens to interest rates, your monthly payments will stay the same for the agreed period. Fixed rate mortgages are available for many different periods of time – two years, five years and ten years are typical examples but there are different fixed rate mortgage periods available including periods longer than ten years.
Capped rate mortgage options help you to budget. Interest rates on a capped rate mortgage can move up and down with the market, but will never exceed a specified top level – ‘the cap’.
Tracker mortgages are linked to the Bank of England interest rate so your mortgage will be guaranteed to move in line with the Bank Rate.
This type of mortgage provides a one-off lump sum to the borrower when the mortgage is approved. This can be used to pay for home furnishing or other household requirements and is popular with many first-time buyers.
An offset mortgage or current account mortgage uses the balance in your everyday savings or cheque account to reduce what you owe on your mortgage on a daily basis.
First-time Buyer Mortgage
First time buyer mortgages often offer some great deals, exclusively for first-time buyers.
Mortgages specifically designed for investors with buy-to-let properties.
A type of mortgage available to businesses to purchase property or land.
Did you know… house prices have risen so fast in the UK that if grocery prices had kept pace since 1971, 4 pints of milk would now cost over £10
House prices have far outstripped wage and price inflation in the past 40 years. Average salaries were around £2,000 a year in 1971, with the average house selling for £5,632. In essence, less than three times earnings. The average asking price for a home rose to £238,874 in May 2011 while the average salary was around £25,000.
Property Buying Services
First-Time Buyer Mortgages
For many people, the prospect of buying their first home can be both daunting and confusing. We can guide you through the transaction from start to finish so that you understand exactly what the purchase entails and how much it will cost. We can recommend the services of local solicitors to assist in this process. This is likely to be the largest financial transaction you have ever made so it must be done with clarity. We source mortgages from the whole market so are well placed to help you get the very best mortgage for your needs. We can also help you understand what you may need as a deposit and how this could be funded. We’ll explain everything you need to know and take you through the entire process, completing all necessary paperwork and keeping you informed as to the progress of your mortgage application.
The ‘Help-to-Buy’ scheme is a Government policy to encourage more people to get on the housing ladder. The second phase of the ‘Help-to-Buy’ scheme came into effect in October 2013. It allows first time buyers and existing homeowners to purchase either a new build property or an existing property in the UK with a deposit as low as 5%. A mortgage is required from a lender of up to 95% of the property’s value, with the Government guaranteeing the lender (not the purchaser) up to 15% of the property value. This mortgage guarantee scheme is available for properties with a purchase price up to £600,000. This type of scheme can be a real benefit when purchasing a property. We are on hand to explain the pros and cons of ‘Help-to-Buy’ and can show you how to go about taking advantage of the scheme when purchasing your property.
Re-mortgaging is the process of switching your existing mortgage to another mortgage lender, usually to lower the amount you’re paying on your mortgage and get a better deal. We can help you secure the best mortgage to switch to and advise you on the pros and cons of moving to a new lender. If you decide to go ahead, we can handle all the paperwork and
Mortgages for Children & Other Family Members
Buy-to-Let Mortgages (coming soon)
Buying property as an investment is as popular as ever. Many property investors require a mortgage to purchase their buy-to-let property. We can help secure the very best buy-to-let mortgage deal and help you understand your options and formulate the financials
Overseas Mortgages (coming soon)
Buying property abroad is becoming increasingly popular, but if you need a mortgage to buy a home abroad, it can get complicated. Going it alone – approaching a foreign bank for a mortgage – can be fraught with difficulties, particularly if you don’t speak the local language. We can provide you with the information you require to purchase your property abroad and help you find the best mortgage for your needs. We can help you buy your first holiday home abroad, re-mortgage an existing one, or arrange the mortgage on an international investment property.
Commercial Mortgages (coming soon)
If you are seeking to finance the purchase of land or buildings for your business, a commercial mortgage will probably provide the most flexible and affordable financing solution. A business owner who wants to fund their premises may use an ‘owner occupied’ commercial mortgage. Alternatively, a landlord can use a buy-to-let commercial mortgage to purchase property solely for investment purposes and rely on the rental income to cover the mortgage and provide a profit. Whatever type of commercial mortgage you require, we can help you source the best available rates and terms. We’ll handle all the administration and
Selling Your Property
When it comes to selling your property, it is important you get the very best price. Whether you are moving up the property ladder, downsizing, moving abroad or selling a commercial property,we can help with all financial aspects. You may have sale proceeds to invest, want to talk through estate agent options or have other financial concerns or questions we can help with. Whatever you need in relation to selling your home, we can help.
The Key Benefits
Our property buying services will help you choose the very best mortgage, perfectly suited to your needs. Here are just a few of the main benefits you will enjoy:
Get on the housing ladder without the hassle of researching and applying for a mortgage yourself
Help your children or other relatives get on the housing ladder
Find the best commercial mortgage without the hassle
Get advice on overpaying your mortgage to reduce your interest payments
Eliminate mortgage application paperwork and administration as we handle this for you
Understand how much you can borrow to fund your next house purchase
Understand and take advantage of the Government's Help-to-Buy scheme
Reduce your monthly mortgage costs
Find a great mortgage to purchase a property overseas
Cut through the mortgage confusion and jargon and really understand your options
Taking the stress out of mortgages
We know that buying a property can be a stressful time. Don’t make your mortgage another thing to worry about. We can provide expert advice on which mortgage is right for you and handle all the paperwork and administration. You can relax knowing that everything is in hand.