One Thing Is Certain….
Your house is probably the largest purchase you’ll ever make. It therefore goes hand-in-hand to say that your mortgage is probably your largest expense – it is vital that you get it right!
We are living at a time when mortgages are harder to secure than ever before. Out are the days of self-certification and In are the days of detailed affordability checks and packaging.
We therefore need to be aware of and to understand your needs and circumstances so that we know that we are getting the best deal for you.
For any mortgage advice, call us on 07814 058724 or 01752 346237 or email at [email protected]
Property Purchase Mortgages
Whether you are a first time buyer or a person looking to move home, ithe house buying path can sometimes seem very daunting.
At Future First, we aim to reduce the stress by recommending and arranging the right mortgage for you and by explaining the mortgage process in a full but understandable way. No matter what your question regarding arranging your mortgage, We will be there to help.
We not only help with the process and the arranging of your mortgage, we aim to make sure that all aspects of purchasing your home are covered, for example: -
- Finding a Solicitor
- Arranging Buildings & Contents Insurance for your new home
- Ensuring you have sufficient life cover to protect you and your loved ones
- Considering options such as Critical Illness Protection
- Reviewing any Income Protection or Accident, Sickness & Redundancy Cover that you may or may not have
If we at Future First can take the stress and worry out of the process of buying your new home then you are able to concentrate on the nicer things such as planning your new home and decorating it.
Re-Mortgage is in simple terms, re-arranging your mortgage arrangements with an alternative Lender (or possibly the same lender) in order to save money, to obtain further finance, or to alter the arrangements of your loan.
Common reasons for someone to wish to re-mortgage may be:
- To cover the cost of home improvements/renovations
- Raise money from your home to cover school fees
- Release money for a holiday or new car
- To save money on your existing arrangement with your current lender
There are many reasons and, Future First can help to consider whether a re-mortgage is a viable option and, if so, we can help you choose and arrange the right new loan to meet your needs and requirements.
Buy to Let Mortgages
In recent years, the use of Rental Properties to boost income or to provide for retirement has become quite fashionable. There are however many things to consider before you decide to buy a property to rent – being a landlord is not the right thing for everyone.
Buy-to-let mortgages differ from residential mortgages in that the lender takes into account the monthly rental income for a buy-to-let mortgage. Furthermore, lenders are becoming stricter on who can become a first time landlord – your ability to borrow may be dictated by your other Employment or Self Employment Income.
Then there is the impact on your taxation circumstances – a Buy To Let raises your income and selling a Rented Property can lead to Capital Gains Tax liabilities. John Agnew is a qualified Chartered Accountant as well as a qualified Financial Advisor and would be happy to discuss the taxation aspect of your Buy To Let decision whilst arranging the most appropriate mortgage.