|Is short term debt taking up too much of the monthly budget?|
|Do you run out of money every month?|
|Only covering minimum payments on Credit Cards?|
|Debt not reducing?|
|Has your debt increased due to COVID-19?|
|Are you back to work after furlough or shortened hours?|
|Do you want to restructure the family budget and take control?|
Contact us today to discuss your options and suitability.
Representative example of £211,250 over a term of 25 years on an initial 5yr fixed rate 1.39% - 64 payments of £837.92, and 237 payments of £1,090.71, based on a Standard Variable rate -4.34%. Total amount to be repaid £311,064.44, made up of loan amount plus interest (£98,789.50), product fee of £995. Overall cost for comparison APCR 3.1%.
2020 has seen unprecedented times for us all. The nation’s finances are being restructured by government – do you need to restructure the family’s budget?
COVID-19 has impacted the household budget, often due to reduced hours or furlough. Re-mortgaging may be the solution to help regain control of your monthly budget.
Think carefully before securing debts against your home. Transferring short term loans to long term commitments will mean you may pay more in interest over the term of the mortgage.
There may be other options to manage debt – our advisors will discuss your needs and requirements before making a recommendation.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
This calculator will give you an idea of how much your monthly mortgage payment will
cost each month. Just enter the loan amount and the interest rate. Then just move the slide left or
right to change the term of the mortgage.
If you find what we have sent of interest and wish to go forward, we will make a thorough assessment of your needs and recommend an appropriate lender and mortgage product for you. We will then approach that lender on your behalf, to gain a decision in principle and an indication of their willingness to lend.We then manage your application through to completion, keeping you in the loop throughout. During this time we will review your Protection and Insurance needs and make recommendations where they are appropriate and relevant.
We believe in being competitive and transparent on fees.
Your initial mortgage consultation is free. You won’t be asked to pay a fee until we have submitted an application on your behalf.
Residential Mortgage & Remortgage
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee of £595.00 payable on receipt of mortgage offer. Total fees payable - £990.00.
Buy-to Let Mortgages & Remortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee from £595 up to 0.50% of the mortgage offer. For example, loan amount £200,000, broker fee payable could be £1,000.00. Total fees payable £1,395.00. A minimum broker fee of £595.00 will be applied on all buy-to-let applications.
Equity Release Mortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee of £995.00 payable on completion of your mortgage. Total fees payable - £1,390.00.
Credit Repair Mortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee equal to 0.5% of the mortgage offer. For example, loan amount £200,000, broker fee payable could be £1,000.00. Total fees payable - £1,395.00. A minimum broker fee of £595.00 will be applied on credit repair applications.
Many of our clients use us time and time again, and refer us to friends and family.We are regulated by the Financial Conduct Authority, registration number 806832. The company is registered in England - No. 11260088.
Typically, the mortgage process will take 2-6 weeks to reach approval.
A mortgage offer is usually valid for 6 months.
Please be aware, the process is currently taking longer due to Covid-19. Please see question 'How has Covid-19 affected the mortgage market?'.