Keeping Mortgage Advice Simple
Choosing the right mortgage for your home or property can seem like a minefield. In the complex world of mortgages, there are dozens of lenders and thousands of different products. Therefore, it’s vital that you seek professional mortgage advice before you sign up to any deal. Your mortgage is likely to be your biggest monthly outlay, so choosing the right deal is very important. Before you choose a mortgage, you will need to consider how much you can borrow and how much can you afford in terms of the repayments. If you haven’t reviewed your mortgage for a while, then it’s always worth checking to see whether you’ll be better off changing to a different mortgage deal.
Highly Qualified, Independant Mortgage Advisers
As highly qualified, independent Mortgage Advisers, we have whole of market access, which gives us the luxury of being able to compare a vast range of mortgages. We have access to the very best mortgage interest rates in the UK, and our personal, expert approach ensures you will make the right decision.
Once your mortgage is arranged, we provide ongoing reviews and monitoring, always checking whether the deal is still right for you and we will advise you on ways to pay if off quicker.
Being mortgage free is something we all strive for – with the right deal in place, you can choose to spend your money on the things that really matter and bring you happiness.
The wrong mortgage decision could cost you thousands in the long term. Call 0330 113 0007 today to arrange a call with our expert team.
Buying a new home or property
Whether you’re a First Time Buyer, or you’re selling because you need a bigger home for your family or you’re downsizing, you will need a Purchase Mortgage. We will look at your individual situation including the size of your deposit or equity, current house value (if you are selling), your income, outgoings, credit history, mortgage terms, and whether you have any dependents.
Many mortgage lenders have their own criteria – some will lend a multiple of your income, e.g. 4 times your basic salary, and the rules tend to change if you are employed or self-employed. Knowing how much you can borrow is very important, as this will determine the type of house you can purchase.
At Intelligent Adviser, our team of expert mortgage advisors will help you decide how much you can afford to borrow, so you can find the right mortgage for your new home. Call 0330 113 0007 today.
Help to Buy – property funding
If you are a First Time Buyer and you’re struggling to find the money to buy a property, we provide expert advice on the Help to Buy Equity Loan Scheme. This is where the Government lends you up to 20% of the cost of a new-build home, which means you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. Plus, you won’t be charged loan fees on the 20% loan for the first five years of owning your new home. This scheme is a great way for you to get your foot onto the housing ladder.
Call 0330 113 0007 to discuss the Help to Buy Equity Loan Scheme with our team.
Buy to Let – for landlords
Buy-to-let (BTL) mortgages are for landlords who buy property with the intention of renting it out. Although the rules around buy-to-let mortgages are similar to those relating to regular mortgages, there are some key differences. You might be considering buying a property as an investment (houses or flats) or as part of your retirement planning. Be aware that due to continual changes in legislation and tax laws, you will need to closely check your investment.
At Intelligent Adviser, we have a vast amount of experience in the buy-to-let market. We will help you protect your investment dreams, so they don’t turn into a nightmare. With whole of market access, we will look at every lender in the buy-to-let market to help you find the best mortgage deal. Call 0330 113 0007 today.
Remortgage – better deals and borrowing money
A remortgage is where you take out a new mortgage on a property you already own. People choose to remortgage for various reasons. You might be looking to borrow money against your property from your mortgage for home improvements or paying off debts. Perhaps the value of your home has gone up…a lot. So, you may find you are now in a lower loan-to-value band and eligible for much lower rates.
Maybe you’re worried about interest rates going up? Or, you may find that your existing mortgage (fixed rate, tracker or discount) is due to expire and you want to explore your options – your current lender will put you on their standard variable rate (SVR), which is likely to be higher than your old interest rate and most mortgages. With a better deal in place, you may be able to reduce your monthly payments or pay off your mortgage sooner.
Did you know that around a third of all home loans in the UK are remortgages? By streamlining your largest debt, you could save thousands each year…
At Intelligent Adviser, our highly experienced, independent Mortgage Advisers are fully committed when it comes to finding the best deal for your situation. Call 0330 113 0007 to talk to our team.
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