Mortgages
Mortgages: first-time buyer, moving home, remortgage and buy-to-let
Whichever of these you are, the process is the same: one conversation, a comparison of the market, and an adviser who handles the application and the chasing.
Which one is you?
Pick the situation that sounds like yours
First home, next home, a better rate, or a property to let. Pick the one that sounds like you.
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First-time buyer
With so much to weigh up, the first step is the hard one. We walk you through the whole process, from working out what you can afford to collecting the keys.
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Moving home
Moving is exciting and the mortgage is the part most people dread. Even if you have done it before, knowing every option matters.
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Remortgage
Switching to a better deal, coming to the end of your current term, or borrowing against your home. A remortgage can do all three, and timing is everything.
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Buy-to-let
A buy-to-let mortgage is for a property you intend to rent out rather than live in. Lenders assess it on the rent it will earn as well as on you.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Our mortgage broker fee starts from £495. The exact fee depends on your circumstances and is agreed with you before you commit to anything.
Types of mortgage
Fixed, tracker, offset and the rest, explained
The product type decides how your payment behaves over the term. A summary of each, with the full explainer a click away.
Fixed rate
The interest rate stays the same for a set period, typically two, three, five or ten years.
Tracker
The rate follows the Bank of England base rate plus a set margin, so it moves up and down with it.
Standard variable rate
The lender's default rate, which you move on to when a fixed, tracker or discount period ends.
Discount variable
A set discount off the lender's standard variable rate for an introductory period.
Offset
Your savings are set against the mortgage balance so you pay interest only on the difference.
Interest only
You pay only the interest each month and repay the full loan at the end of the term.
How it works
Four steps, one adviser, no chasing on your part
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Tell us about you
A call of around thirty minutes about your plans, income and timescale. No forms yet and no credit search.
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We compare the market
We approach lenders and insurers on your behalf and come back with clear recommendations and the reasons behind them.
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You choose, we apply
Once you decide, we prepare and submit everything and chase the lender, the valuer and your solicitor for you.
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Keys, with cover in place
Your offer arrives, the home and the people in it are protected, and you have one person to call. Usually within one working day of first contact for the first step.
Good to know
Mortgage questions
How much deposit do I need as a first-time buyer?
Most lenders ask for at least five per cent of the purchase price, and a ten per cent deposit opens up more products and better rates. The bigger the deposit, the lower the loan to value and usually the lower the rate.
Can I take my current mortgage with me?
Often, yes. Porting moves your existing deal to the new property, subject to the lender agreeing to the new loan. Whether it is the right choice depends on the rate you are on and how much more you need to borrow.
When should I start looking at a remortgage?
About six months before your current deal ends. Offers usually last three to six months, so you can secure a rate early and still switch if rates fall before you complete.
How much deposit do I need for a buy-to-let?
Usually at least twenty to twenty-five per cent of the purchase price. A larger deposit improves the rate and makes the rental calculation easier to pass.
Tell us what you are looking for and we will come back within one working day
A short form, no obligation, and nothing is applied for until you say so.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority does not regulate most buy-to-let mortgages.
Think carefully before securing other debts against your home.
Our mortgage broker fee starts from £495. The exact fee depends on your circumstances and is agreed with you before you commit to anything.