North Devon Mortgage Advice for First Time Buyers
Buying your first home is an exciting time, but with so many plans to make and questions to be answered it can also be a little daunting. That’s why we provide dedicated mortgage brokers in North Devon who will calculate exactly how much you can borrow and what that would cost, while also explaining the whole purchasing process, including likely legal, survey, and other costs involved in buying. Your advisor will then search out your ‘Best In Market’ mortgage options in Barnstaple from an unbeatable whole of market choice.
When you are ready to buy, that same expert advisor will help to guide you through the next steps. Having made a successful offer for property, your advisor will then handle all the necessary paperwork, again working with the lender, solicitor and surveyor throughout the purchase in order to ensure that buying your new home is a thoroughly stress-free experience.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Mortgage Advice – £295 – on mortgage offer
Buy To Let Mortgages
Whether you are looking to complete your first buy-to-let purchase, or are well on your way to building a sizeable portfolio, we understand that in any commercial enterprise every penny counts when you are trying to make a profit. That’s why we provide you with your own dedicated mortgage advisor in Barnstaple, an expert in the field who can offer specialist buy-to-let mortgage expertise around your needs and circumstances. Your professional advisor will not only find your ‘Best in Market’ mortgage, they will also complete all of the paperwork for you, as well as dealing with the lenders, solicitors and surveyors from start to finish.
Buy To Let Mortgages. – £395 – on mortgage offer
As an experienced property owner you will be full aware that small differences in rate can have a big impact on your repayments. You will therefore want to secure the very best re-mortgage rates possible, ensuring you get impartial mortgage advice when looking for that next deal. Unlike basic comparison sites, your advisor will tailor your North Devon re-mortgage to fit your own personal circumstances. As with every service The Mortgage Hub offer, we will guide you through from start to finish.
Contact us today to see just how much our impartial buy-to-let mortgage advice can save you!
Re-Mortgage Advice £295 – on mortgage offer
Help To Buy Scheme
The Help to Buy initiative was introduced by the UK government in April 2013 to allow first time buyers and home movers to purchase a new home with a 5% deposit. Having already helped over 10,000 first time buyers and home movers, the schemes are proving extremely popular. As part of our services, we will appoint you with your own dedicated North Devon mortgage advisor who will find the most appropriate solution, as far as help to buy advice is concerned, for you. This same advisor will process your application and liaise with your local housing association and ensure your purchase is as smooth as it possibly could be.
Help To Buy Scheme – £295 – on mortgage offer
If you are above the age of 55, equity release can be considered as a suitable option to release money that is currently tied up in your property. Our clients take equity release for many reasons. The most popular being funding future plans, helping loved ones take their first steps onto the property ladder or topping up pension funds to live a better life in retirement.
Lifetime Mortgages – A lifetime mortgage will allow you release a lump sum, or a regular income, whilst still maintaining ownership of your property.
Unlike a normal mortgage, where you are required to make repayments off the mortgage each month in the form of repayment or interest only, a lifetime mortgage allows you to pay the interest or alternatively the interest can be “rolled up” onto the balance of the mortgage.
There are many different Equity Release products on the market and we can recommend a package that meets your specific requirements.
Equity Release – £695 – on mortgage offer
Capital repayment Mortgage – This is the most common type of mortgage repayment that we arrange for our clients. Monthly repayments cover an element of the capital as well as interest accrued. As the term progresses the balance of the capital will reduce as well as the interest. The loan will be fully repaid at the end of the term with no surprises from mortgage providers requesting a lump sum to repay the outstanding mortgage balance.
Interest only – Where an interest only mortgage is arranged. Clients will only repay the interest each month from the accrued interest. At the end of the mortgage term the outstanding capital will need to be repaid. This type of mortgage is popular with clients who meet lenders interest only criteria in terms of a suitable repayment vehicle for the capital.