Sometimes people get into debt through no fault of their own and, even if they have been to blame, want to sort things out. Fortunately, there are now some lenders willing to provide adverse credit mortgages and this short guide will help you understand what to expect.
Not only do you need to consider which mortgage is most suitable for your current needs and circumstances, you also need to think about which interest rate options are most likely to suit your needs. This section has information on the various types of mortgage product which are available.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Our fees vary and are based on the complexity of the case. They start at £195 and will not exceed 1% of the loan amount for loans in excess of £100,000. For loans of less than £100,000, the maximum fee will not exceed £895. A typical fee for a standard residential mortgage would be £395.
Remortgaging means switching your mortgage to another deal with another lender without moving property.
The main difference between a self build mortgage and a house purchase mortgage is that with a self build mortgage money is released in stages as the build progresses rather than as a single amount. This short guide explains further.
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.
Sometimes people want to release equity in their homes because they need cash for a particular purpose. This short guide looks at how certain types of mortgage will allow you to do exactly this.
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.
A flexible mortgage is a product that can make the traditional British mortgage with its fixed and inflexible payment schedule over a fixed term, such as 25 years, look like a bit of a dinosaur. This short guide explains why a flexible arrangement may benefit you.
When you’re purchasing a commercial property the rules of standard mortgages change, and lenders have all kinds of stipulations about what they’ll lend on and what they won’t.
Having the ability to purchase a property quickly can have advantages such as negotiating a good price when buying the property and beating competitors to the deal, but many people aren’t in a position where they are able to get quick access to their cash, especially if it’s tied up in assets such as another property.