Mortgages

A mortgage is a type of loan i.e. you borrow money and you pay it back with interest over a period of time. It has a one key difference: it's secured against your property. So if for any reason you can't repay it, the lender can sell your home to recover their money. Whether you are a first time buyer, moving home, re-mortgaging or buying an investment property (buy to let), we can help you find a suitable mortgage.

Mortgages can be paid back in two ways. With a normal repayment mortgage the amount you pay each month goes to reduce the amount you owe as well as the interest. With an interest only loan, you only pay the interest charge. You need to arrange some other way to repay the loan e.g. by investments or savings plan.

Within these two categories of mortgage there is a bewildering array of options, features and charges. Among the terms you may encounter are capped mortgage, cash back mortgage, discount mortgage, early repayment charge, fixed rate, annual interest rate, arrangement fee etc.

We have access to online systems which enable us to source thousands of mortgages from all the major lenders. If you need help in sourcing the best loan with jargon free advice please contact us.