To find a mortgage broker you need to ensure that you are comfortable with the advice. If you choose to use our services, you will have the best mortgage advisor who is able to provide you with the best solution to your situation.
Your Bank will not let you know if a better rate becomes available helping you to save money. Our team consists of the best financial advisors and our job is to ensure you have the best rate available to you.
We can help anyone requiring expert mortgage advice in London, England or Wales.
Most buy to let lenders will have separate HMO mortgage products. Hence if a property is a HMO, then you have to apply for a HMO mortgage on a HMO product.
Traditionally, these products tend to be more expensive than Standard Buy to Let properties and tend to be limited predominantly to specialist Buy to Let Lenders rather than the traditional high street banks.
As specialist mortgage brokers, we are experts in all types of mortgages. So what does remortgage mean? A remortgage is taking out a new mortgage on existing property you own. The remortgage maybe simply to replace the existing loan amount or mortgage for a better rate or it could be to borrow further money against your property. This can be for many reasons, for example for home improvements, divorce settlements or even to purchase further properties.
Loan to value means the % borrowed against the value of the property.
Example – The property you are purchasing is £200,000, and you have a deposit of £20,000 this would be a loan to value (LTV) of 90%.
Your home now is valued at £500,000. However you still have an outstanding mortgage of £250,000- so your LTV is 50%.
Generally, the higher the loan to value, the interest rate will increase. Therefore if you have a larger deposit or equity in your home, you will typically achieve a better interest rate.
Our team will handle the entire process for you from application to completion, so you have absolute peace of mind.
Whether you are employed, self-employed or your income comes from rental or a pension, we will have access to a lender, to obtain borrowing.
The amount of borrowing depends on individual circumstances, that is why speaking to one of our advisers is always the best way to find out how much you can borrow. Our advisers will review all your income sources and expenditure. They also check your credit report in the meeting to ensure that the advice is based on your current circumstances.
Please do contact us to arrange a virtual meeting with one of our advisers.
Generally, you can re-mortgage your home at any time.
However, you should bear in mind that If you are on a fixed rate deal and your current product is not due to expire in the coming months or years, a re-mortgage before this comes to an end may incur early redemption penalties which will be payable to your existing mortgage lender.
These tend to be a percentage of the total outstanding loan, so can be quite large in some instances. It is always best to time a re-mortgage to fall in the window where you product is expiring (if this is possible). There may be circumstances where waiting until the end of the existing deal may not be an option.
Our team consists of the best financial advisors London based, providing advice to individuals across England and Wales with their re-mortgage options.
We liaise with both you and the lender and as a whole of market broker we will find the the best current rate available to you on the market.
When you meet with one of our advisers they will determine the following:
The length of time you fix your mortgage for depends on your individual circumstances. Most lenders offer 2 and 5 year fixed rates and some over 10 year deals as well.
Our advisors can review your circumstances and discuss the best option for you. Would you prefer certainty of your mortgage payment over a longer term, such as 5 years, or do you require the lowest rate for a lower monthly mortgage payment, this is generally over 2 years.
However long you decide to fix your mortgage interest for, rest assured, we will contact you up to 6 months before your deal ends, so that you don’t end up on the lenders standard variable rate.