Mortgage brokers and lenders
As fun as it is searching for a house to buy, it is a time-consuming process – you may not have enough time finding the best mortgage!
We have a good working relationship with some carefully selected mortgage brokers that have an excellent track record of finding our clients the best mortgages for them.
Which Mortgage suits you best?
Variable rate mortgage: A mortgage with a variable interest rate that changes to reflect market conditions.
Fixed-rate mortgage: A loan with a fixed interest rate that does not alter over the life of the loan.
A tracker rate mortgage is a form of variable rate mortgage that adjusts based on the movement of another rate. The Bank of England Base Rate is the most widely followed rate.
Offset mortgage: You can connect your mortgage to your savings with an offset mortgage. The interest rate on your loan is reduced by your savings balance. Your savings are subsequently “offset” against your loan balance, and you only pay interest on the balance of your mortgage minus your savings.
Sharia-Law Compliance Home Purchases: Sharia-Law compliant property purchase programmes assist you in purchasing your desired home without incurring interest payments.
The average mortgage length is 25 years; however, it might be shorter or longer. Until the loan is paid off, it is ‘secured’ against the value of your home.
If you don’t make your payments, your lender has the right to repossess (take back) your home and sell it to recoup their losses.
You can apply for a mortgage directly with a bank or building society, or you can employ a mortgage broker or independent financial adviser (IFA) to compare various mortgages available.
The lender or mortgage broker will conduct a thorough investigation and detailed affordability assessment, for which you will be required to give proof of your income and precise expenditures, as well as financial stress tests.
Please fill out the form below and one of our mortgage consultants will call you to assist you with financing your dream home:
