Choosing the right mortgage for you…
The largest financial commitment decision most people make is their mortgage and it is therefore vital that you are able to choose which mortgage is right for you. Dozens of banks, building societies and other lenders compete for your business, offering thousands of different mortgage deals with complex combinations of interest rates, fee incentives and other enhancements.
In addition, each lender has its own lending criteria and underwriting methods, making the decision-making process even harder.
Without specialist mortgage advice, you could find that you have a mortgage which is not appropriate for your needs, or choose a mortgage with larger fees or higher monthly repayments.
As independent financial advisers we are not limited to a “panel” of mortgage lenders but can access mortgage deals from the whole market. Also, as we are members of a number of specialist mortgage clubs, we have access to a range of special mortgage deals which are not available in the high street.
Choosing your mortgage
There are four main decisions to be made when selecting your mortgage.