To run a basic mortgage is easy, but to manage efficient and cost-effective borrowing requirements that are periodically changing takes a lot more experience, skill and attention. We aim to be with you at the key stages of your borrowing life. This means our advice is tested as our relationship grows. It also demonstrates that we care about you over the long term and not just at the first transaction.
Mortgages are usually a long-term need, and therefore need planning that takes into account your short-term and long-term goals. So, it is much better if any changes are dealt with by an adviser who can keep the long-term goals in mind.
Rather than simply giving you mortgage options and helping you to make an informed decision at the outset, our approach is more of a long-term strategic advice service.
Our services extend to making sure that you are contacted as your mortgage deals expire and that the repayment plans are continuously reviewed to make sure they are on track to meet your needs.
Whether you are taking your first mortgage or re-mortgaging, we aim to ensure that you understand the advice process fully and where we can help you to structure your borrowings cost effectively with:
We charge a fee for our mortgage services depending on your circumstances and requirements. Our typical fee is £375. We will also receive commission from the lender.
Please note: Your home may be repossessed if you do not keep up the repayments on your mortgage.
Equity release allows you to benefit from the value of your home without having to move out of it. These solutions are generally available to homeowners over the age of 60.
There are two main types of equity release schemes:
Lifetime mortgage involves releasing money from the property by taking out a mortgage, usually without repayments. Instead, the interest is rolled up on a compound basis and added to the outstanding loan. You or your estate then receives the proceeds of the house sale, less the debt, when the property is eventually sold.
Home reversion plan involves selling all or part of the property at a discounted market value. In return, a tax-free cash sum(s) is paid and you retain the right to live in the property, rent free, for life. At the end of the plan, you or your estate will be entitled to a proportion of the net sale equivalent to the share in the property that has not previously been sold.
Choosing the most suitable scheme and the most suitable provider will depend on many factors, which is why specialist, independent advice is essential.
Please note: This is a lifetime or home reversion plan. To understand the features and risks please ask for a personalised illustration