Mortgages
Mortgages
There are literally 1,000s of mortgage products available in the UK, the choice is confusing if not overwhelming.
New products come onto the market daily and it may prove extremely difficult without the right tools, to select the most suitable product that best meets your needs..
We look beyond the headline interest rate and compare the true cost by taking arrangement fees and other charges into account.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Purchase
If you are a first time buyer to read our aim is to provide you with solutions on how to get onto that elusive property ladder. We will discuss your affordability which aims to ensure that you are not over extending yourself and select products and terms which are first time buyer friendly.
We can be creative and think outside of the box. These days it is not unusual for parents to provide more help financially. Pooling resources can often be the leg up that makes it all happen.
Re-mortgage
Millions of homeowners are content to stick with the same lender year after year. Although they may have initially had an attractive special-rate deal, they failed to review it when it ended, and now pay their lender's standard variable rate (SVR). Alas, the SVR is usually a lender's highest interest rate!
Do you have the best rate? Why pay more than you need to?
If you have a mortgage, you may be able to quote your monthly repayment to the nearest pound, straight off the top of your head. However, although you may know how much your home loan costs, do you find it much harder to reel off the interest rate that you pay? Is it 5.75% or 6% Who knows?
Sadly, if you don't know what rate you are paying, then you have missed a trick, because the golden rule of borrowing is: Know Your Interest Rate. After all, unless you know your interest rate, you have absolutely no idea how your loan measures up to others in the market.
Investment Property
With more and more lenders coming into the Buy-To-Let Market, products have never been more competitive.
We are able to analyse your Investment Property mortgage and aim to make sure it is still the most appropriate for your needs. Maybe your product has come to the end of that special rate or you want to unlock some equity to make a further purchase. Whatever your needs, Astute Independent Financial Services Ltd are happy to discuss your requirements.
The Financial Services Authority do not regulate some aspects of buy-to-let mortgages.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
