Residential Mortgages
How we can help you
When it comes to mortgages, we cover the whole of the market. From First Time Buyers, Home Movers, Remortgaging or raising money for home improvements or even consolidation of debts.
When moving to a larger property with a growing family, or downsizing as the family moves out, it is important to choose the right mortgage for your circumstances. We will compare the most suitable deals (and many exclusive not available on the High Street deals) from the whole of the market, to those offered by your current lender, to ensure that you make an informed choice on the most appropriate mortgage to suit your current situation.
Rate switching and capital raising
Switching your mortgage to a different lender may be the most appropriate way to reduce your monthly repayments.
You may also need to raise additional capital to improve your home, consolidate debts, or to help with other major events such as the purchase of a holiday home or finance a wedding. We can advise you of the most cost-effective options available and will always look for the most suitable Remortgage deals for you.
Debt consolidation
Many clients will find that the burden of paying Credit Cards and other loans can quickly become very difficult to manage. Debt consolidation may be an option to consider, but it must be carefully researched and should never be treated as a ‘quick fix’. This is where seeking professional guidance from a qualified and regulated Mortgage Broker will ensure you are taking the correct and most appropriate course of action.
Your monthly mortgage payments are always accounted for but you may have built up other debts as time has passed – car loans, a loan for a special family holiday, or on credit cards. It is a fact that if you borrow it – someone needs to repay it.
If you wish to take this action (and we as Professional Mortgage Advisers consider it appropriate and beneficial for you), you will be transferring your various unsecured debts to just the one lender, and you are securing the debt against your main asset – your home.
By doing this you will also be lengthening the term of your repayments and will subsequently increase the total amount of interest charged. However, in many cases this will still be beneficial and can help you get your outgoings under control once more.
We believe that debt consolidation into your mortgage should be a once and once only exercise and stress that a decision to go down this route should not be taken lightly.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
