As a First Time buyer you will more than likely be new to the whole house buying process.  We can guide you through the various areas of importance, starting firstly by explaining just what a mortgage is.  It is simply a very large loan which you have to pay back over the long term, but there is also a bit more to it as well.

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Next Time Buyers may already be familiar with mortgages, but can still need just as much guidance on the extensive range and types of mortgages, that are out there at any given time.

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We can advise on the whole process which may also include advice on other professionals contacts such as Solicitors, Estate Agents and Surveyors.  

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When applying for a mortgage and making a commitment to paying back the money there are many areas that you need to consider.  The main one is the interest rate which can be either a Fixed Rate, Standard Variable Rate, Discounted Rate or a Tracker Rate mortgage.  The interest rate will dictate your payments.  This is just one of the many decisions we can help you make when faced with many different choices.

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Other decisions will be matters such as applying for a mortgage deal that has a fee or one with no fees.  Will you pay for a survey or take a free survey, take a cashback etc.  It may seem a simple decision on the face of it but there are reasons why there are many types of deals available.  Using a Financial Adviser can help take the unknowns from the process. 

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For mortgages, we can be paid by commission, a fee, or a combination of both. Our typical fee is £195.

 

A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

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