RESIDENTIAL MORTGAGES
A mortgage is a loan that helps individuals purchase a property without needing to pay the full cost upfront. It is typically repaid over a longer period, often between 10 and 30 years, with interest included in the monthly repayments.
The total cost of a mortgage depends on factors such as the interest rate, lender, and the type of mortgage you choose. Common options include fixed-rate mortgages, where your payments remain the same throughout the term, and variable-rate mortgages, where the interest rate can change over time. Each type is suited to different financial situations and goals.
Choosing the right mortgage is an important decision, and we’re here to guide you through the process.
YOUR NEW HOME
Either customers buying their first home or home movers who have sold their current property and using the equity as a deposit for their next property. This can be for a person looking to purchase a larger property, or downsize once children have fled the nest.
Properties purchased under the Right to buy scheme also come under this category (this is where you purchase from the local council or housing association at a discounted price).
Working with a specialist team, like ours, can help the process flow much more smoothly.
Our team will guide you through the process and keep you updated at every stage.
Mortgages for Purchases
Unless you are lucky enough to have the cash to purchase outright, you will need a mortgage to finance your property purchase. As you are dealing with one of the most expensive outlays of your lifetime it’s important that you gain the correct advice.
If you are a first time buyer, some lenders may offer incentives for purchasing. This could be for a new build property or one that is a 100 years old.
You will also need solicitor to act on your behalf.
Our specialist team can help take the stress away.