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Mortgages

Mortgage advice that’s as unique as you are

Getting the right mortgage advice is so important. Our expert mortgage advisers offer mortgages from a wide range of lenders and we search thousands of mortgage products to find you the best deal. Once we have found you the best mortgage deal, we will complete all the paperwork, submit the application to the lender and guide you through the legal process until completion. Whether you are looking to remortgage, move home or buy your first property our friendly mortgage advisers are here to help.

There are many types of mortgages available on the market and it can be confusing to know which one is right for you, so we have have outlined the basics below. To seek further advice from one of our qualified advisers, contact us today. 

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Repayment mortgages

You repay part of the amount borrowed together with the interest being charged each month.
In the earlier years of your mortgage, the majority of your monthly repayment is made up of interest.
However, towards the latter part of your mortgage term, the situation is reversed and the majority of your monthly payment will deduct from the amount borrowed.

Exclusive mortgage deals
We have access to exclusive deals, some of which are only available to our customers. Our expert advisors will be able to let you know what the latest exclusive deals are and whether they fit with your personal circumstances. These deals are not available anywhere else on the high street.
Offset mortgages
Typically, a current account, savings account, or both, are linked to your mortgage and, each month, the amount in these accounts is then offset against your outstanding balance. You are unlikely to earn interest on your savings which are offset.
Standard Variable Rates (SVR)
Your payments should rise and fall in line with the Bank of England bank rate changes, but not necessarily at the same time or by the same amount.
Tracker variable rates
These are usually linked to the Bank of England bank rate, which means they will change in line with this.
Discount variable rates
Allows you to benefit from a discount on the lender’s standard variable rate. If the lender’s standard variable rate (SVR) increases or decreases, so does the discounted rate. Typically, the shorter the discounted period the larger the discount.
Interest-only mortgages

You are only paying interest each month. This means that although your payments will be lower, the amount you borrow will still be outstanding at the end of the mortgage term. You will need to have credible arrangements to pay off the balance to avoid the property having to be sold, such as an Individual Savings Account (ISA).

Buy To Let
The main difference with a buy-to-let mortgage is that the lender will use the rent you will receive for the property to assess affordability. Some may also take the landlord’s personal income into account.
Flexible mortgages
You can vary the amount you pay each month and take payment holidays in some circumstances. It may help to reduce your balance with lump sum payments without incurring an early repayment charge.
Fixed rates
Fixed rates give you the security of knowing that your monthly payments will always be the same. You pay a fixed rate of interest for a set period typically over two, three or five years.
Capped rates
You will know the maximum you will pay for a set period of time. This type of mortgage offers you the option of knowing the maximum monthly repayments you would have to make during a set period of, typically, two or three years.
ESIS

The ESIS is a mandatory document that must be provided by Mortgage Lenders/Mortgage Brokers to prospective borrowers. The document includes information on the interest rate, the amount of the loan, the term of the loan, the total amount repayable, the total cost of the loan, and any additional charges or fees associated with the loan.

The ESIS also includes information on the lender’s policy on early repayment and the consequences of missed or late payments. This information can help consumers understand the potential risks and benefits of a mortgage loan and make an informed decision about which mortgage is right for them.

The ESIS is an important tool for consumers when comparing mortgage products, as it provides a standardised, easy-to-understand representation of the key features and costs of each loan. When recommending a mortgage we will work with you to compare the ESIS of different mortgage products that we think are suitable for you. Together we can make an informed decision about which mortgage is right for them and which lender is offering the best deal.

What type of mortgage are you looking for?

First Time Buyer

Adverse or bad credit

Moving Home
Buy To Let
Remortgage

Right to buy

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