Before you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs.
A mortgage is likely to be the single largest financial commitment you ever make. There's a wide range of mortgage products out there, with varying interest rates and repayment options available.
An initial fee of £95 to complete an understanding analysis. This fee is non-refundable and is to be paid prior to information being submitted to the lender. A fee of £495 is payable upon the issue of a mortgage offer and will not be refunded should you pull out of the mortgage or if the mortgage does not proceed after an offer has been issued. We will also receive commission from the lender.
People buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
Remortgaging means switching your mortgage to another deal with another lender without moving property.
These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
Equity release can help people release cash (equity) in their homes for a particular purpose, like supplementing retirement income.
A bridging loan is taken out to ‘bridge’ the gap between the purchase of a new property and the sale of an existing one.
With options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.