Residential Mortgages
Which mortgage best suits you?
We have access to a comprehensive range of mortgages, which spans over 70+ lenders on panel offering hundreds of schemes. These schemes are updated daily and can change from one minute to the next, therefore we know how confusing it can all be. We can identify which schemes suit you best and ensure that time isn’t wasted in locating the right lender first time.
There are six basic types of scheme:
- Variable: a rate that changes as and when the lenders decide to amend their own rates. Generally higher than any other rate but far more flexible if you want to re-mortgage.
- Fixed: a rate that remains the same for a certain period.
- Discount: a rate that follows either a lender’s variable rate or the Bank of England rate with a discount for a set period.
- Tracker: a rate that follows the Bank of England rate up or down.
- Capped: a rate that can fall but cannot go above a certain maximum level.
- Flexible: a rate that offers you options within the mortgage term to change your payments, make overpayments or use your savings to reduce the overall mortgage.
And two basic methods of repayment:
- Interest Only: you pay only the interest on your mortgage to the lender without reducing the overall mortgage debt.
- Capital & Interest (Repayment): You pay an element of interest and capital back to the lender, which ensures that your mortgage gradually reduces to zero over the mortgage term.
Testimonials
Thank you very much for sorting out our mortgage! You have been brilliant. Definitely recommend you to anyone and will be dealing with you in the near future.
Just to say a massive thank you for all your invaluable help. It is very much appreciated. Couldn’t have done it without you.
Just a little note to say thank you once again for all your help and support with our (TRICKY!) remortgage. We really do appreciate all the time and effort you put into sorting it out.
Thank you so much for once again being immense help with our mortgage and insurances. We’re thrilled to have moved and are enjoying the unpacking and planning DIY!
Many thanks for all your help in getting back on the property market. Your help and advice has been invaluable.
From the both of us, our very sincere thanks to you for all your help and advice over the past few months. It has been a long road to get here and you have worked so hard for us, we really can’t thank you enough. We’re so pleased to finally own our own home, and you have been a huge help in making that happen.
Adaptability; in being very professional, whilst always taking the time to go over anything that was miss understood our end to making the experience very enjoyable and a good laugh. Richard is now a contact for life
Richard is an excellent adviser who is always pragmatic, honest and realistic in his approach. We have really valued his kindness and patience with us over all our dealings with him.
Very professional, very honest, gives you 150% customer service. We never trusted any other advisor the way we trust Richard
