We are happy to consider all
kinds of mortgage enquiries. Below we detail just some of the situations
where we are only too pleased to offer our advice.
First Time Buyers
- Buying your home and choosing a mortgage is probably the most
important financial commitment that most of us make and it is also an exciting time so you will definitely need some advise from a mortgage professional. As a first time
buyer it can be difficult enough to save up a 5% deposit along with
legal fees and moving fees. We are able to source mortgages for the full
purchase price of some properties, allowing you to purchase your new
home with little monetary outlay. Gifted deposits from a parent or blood relative can be a source of funds as long as the homebuyer receives in writing that they are not required to pay back the money at any time.
Second Time Buyers
- If you are moving home and you currently have a mortgage, the chances
are that your current lender hasn't got the best deal for you. As
Independent Mortgage Consultants we can search the whole of the market to find the
best package for you.
Remortgage
- You may be happy with your existing lender, but many people,
particularly those paying a mortgage at the lenders standard variable
rate, could make big savings right now if they transferred their
mortgage to a new lender. With competitive schemes available there is a
lot to choose from and many lenders are actively seeking to attract your
custom by offering discounts on your mortgage payments, and in some instances paying your
legal and valuation fees. Can you afford not to find out how easy and
cost effective it is to change your mortgage provider?
Self Employed
- Nearly 4.2 million people were registered as self employed over the three months to April 2013, a rise of 84,000 over the previous three months and the highest figure since records began in 1992, according to the Office for National Statistics (ONS). Economists said that the surge in self-employment has come about because people have been unable to find permanent work with companies due to the flat lining economy. We find that
to get some of the better deals most lenders require you to have been
trading for at least 2 years. Although, we are happy to advise you what
ever your circumstances may be.
Buy To Let
- A rapidly growing market has developed for people wishing to purchase
properties for renting out to private tenants. This has the dual
benefit of creating a monthly income from the rent, which should repay
the mortgage and create some profit, but also allows the potential
increase in the capital value of the property over a period of time. We
would be happy to consider your requirements.We have currently an array of new and exciting opportunities e.g. we can offer Loan To Value (LTV) of 85% with no stress test. Many of our clients are able now to grow their portfolio quickly and efficiently so please call us so that we can reserve your funds.
Adverse Credit
- Just because you may have had a problem in the past with CCJ's,
mortgage arrears, and poor payment profile, doesn't exclude you from
having a mortgage. Lenders these days are rejecting applications but we can still provide residential mortgages for borrowers with significant adverse credit record resulting from an unexpected life event. Our lender is less concerned about the amount of adverse credit a borrower may have, than what has been done to resolve the past difficulty. We may be able to help you irrespective of your
circumstances providing you have not incurred any adverse credit during the last 12 months.
Top 10 Misconceptions
There are many misconceptions about what should be done or not be done while obtaining a mortgage. These are the TOP TEN Misconceptions that can slow down a mortgage process and cause a loan or mortgage to be declined.