Moving home can be stressful, let us take care of your mortgage so you can concentrate on everything else!
- Maintain your bargaining power! Many estate agents have an affiliated mortgage adviser who you may be encouraged to see. It’s important for you to be aware that you’re under no obligation to use their in house adviser, whatever they tell you! Don’t forget that the estate agent is acting on behalf of the vendor and therefore has a keen interest in knowing how much you could afford.
- Moving home may be a suitable time to review the terms of your mortgage. Could you benefit from a Flexible mortgage? These allow underpayments, overpayments and payment holidays (subject to conditions), they’re designed to let you make extra repayments when you have extra money, and consequently, reduce or even skip payments when necessary. This flexibility can be ideal for those who want to contribute additional payments to their mortgage such as bonuses, an inheritance or other savings.
- Offset mortgages allow you to offset your savings against your mortgage loan without actually paying a lump sum off your mortgage. No interest is paid on your savings but no interest is charged on the equivalent amount of your mortgage.
- Are you looking for advice on how to fund building your own home? A mortgage for a self build differs from a standard mortgage because the money is released in stages as the build progresses. There are many options out there so get in touch to see if we can help you find the ideal way of financing your project.
'Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it'