Residential Mortages
Buying a new home or remortgaging your current home is probably the largest transaction you will make throughout your lifetime. It can be a daunting and stressful experience so getting help to find get the right mortgage to suit you is crucial, especially during these uncertain times.
At Best Advice, we understand the challenges involved in obtaining a mortgage. We have dedicated, in-house qualified advisers, who will work with you to provide impartial advice and secure the most appropriate deal to suit your individual circumstances. We have access to the whole of the mortgage market meaning we will work for you impartially. We will liaise with lenders and third parties on your behalf, assisting you with the necessary paperwork and seeing the mortgage right the way through to completion, resulting in you getting the keys to your dream property. We pride ourselves in providing a tailored solution, combining excellent products with an exemplary service to all clients.
At Best Advice, we understand the challenges involved in obtaining a mortgage. We have dedicated, in-house qualified advisers, who will work with you to provide impartial advice and secure the most appropriate deal to suit your individual circumstances. We have access to the whole of the mortgage market meaning we will work for you impartially. We will liaise with lenders and third parties on your behalf, assisting you with the necessary paperwork and seeing the mortgage right the way through to completion, resulting in you getting the keys to your dream property. We pride ourselves in providing a tailored solution, combining excellent products with an exemplary service to all clients.
When searching for a mortgage, you may decide to apply online or go directly to a provider such as a high street bank or building society. This approach means that the mortgage products available to you will be limited to those offered by that bank or building society. Furthermore, it’s possible that meetings to arrange a mortgage will need to take place during office hours, so you may face the inconvenience of taking time off work to attend these. If your application is not accepted, then you will have to start the whole time-consuming process again. You would also have an unnecessary search on your credit file which will be visible to a subsequent lender and may affect your chances of being accepted.
At Best Advice, our offer of whole of market mortgage advice is just that. We are able to select a mortgage for you from all of the available products on the market based on your circumstances, giving you the best possible chance of being accepted. This approach will save you time, money and stress without unnecessarily impacting your credit file.
At Best Advice, our offer of whole of market mortgage advice is just that. We are able to select a mortgage for you from all of the available products on the market based on your circumstances, giving you the best possible chance of being accepted. This approach will save you time, money and stress without unnecessarily impacting your credit file.
Buy To Let Mortgages
Buy to let mortgages are designed for investors looking to purchase property for letting to private tenants. They have become popular in recent years, due to the high returns and capital appreciation of the property asset achieved by landlords.
Buy to let mortgages differ from residential mortgages in that lenders look to the rental income as the primary source of repayment and require a larger deposit, typically 20% – 25% minimum. Landlords need to consider additional costs in owning a buy to let property, such as maintenance costs, letting agents’ fees, insurances and the costs of ensuring that the property and its appliances comply with the relevant regulations.
At Best Advice, we have a dedicated, qualified adviser who will work with you to provide impartial advice and secure the best deal to suit your circumstances. We work with a panel of lenders offering a range of products.
So if you are looking to purchase your first buy to let investment property, or an existing landlord looking to remortgage or raise capital to acquire additional property, please get in touch and we would be delighted to discuss the options with no obligation on your part.
So if you are looking to purchase your first buy to let investment property, or an existing landlord looking to remortgage or raise capital to acquire additional property, please get in touch and we would be delighted to discuss the options with no obligation on your part.
Secured & Consolidation Loans
We work with a panel of lenders to offer secured loans to property owners, which would be secured against a legal charge over the property asset.
Secured loans can be used for a variety of purposes, including consolidation of existing debts and larger capital expenditure such as home improvements. A secured loan may also be an option if you are tied into a fixed rate mortgage that you do not wish to disturb due to early redemption penalties. In this instance, a secured loan against a 2nd charge on your property may be an option to raise the finance you need.
At Best Advice, we have a dedicated, qualified adviser who will work with you to provide impartial advice and find the best deal to suit your circumstances. Please get in touch if you would like to discuss the options and we’ll be delighted to speak with you with no obligation on your part.
Secured loans can be used for a variety of purposes, including consolidation of existing debts and larger capital expenditure such as home improvements. A secured loan may also be an option if you are tied into a fixed rate mortgage that you do not wish to disturb due to early redemption penalties. In this instance, a secured loan against a 2nd charge on your property may be an option to raise the finance you need.
At Best Advice, we have a dedicated, qualified adviser who will work with you to provide impartial advice and find the best deal to suit your circumstances. Please get in touch if you would like to discuss the options and we’ll be delighted to speak with you with no obligation on your part.
Bridging Finance
Bridging finance is very different to traditional funding such as loans, mortgages and overdrafts. A bridging loan provides short-term, funding typically up to 2 years, which is required quickly to facilitate a transaction such as a property purchase or property development costs, with the repayment to come from known future income, e.g. an inheritance or a property sale.
Bridging finance lenders generally take a much more simplistic view of the borrowing process than mainstream lenders, putting their focus on the asset that is used to secure the loan and the proposed exit strategy. For this reason, bridging finance is quicker to arrange than more traditional forms of secured borrowing, although the interest rates are usually higher and there are fees involved. Interest payable can be covered periodically by the borrower or added to the principal amount borrowed and paid on final repayment of the total amount, depending on individual requirements and circumstances.
At Best Advice, we have a dedicated, qualified adviser who will work with you to provide impartial advice and find the best deal to suit your circumstances. Please get in touch if you would like to discuss the options and we’ll be delighted speak with you with no obligation on your part.
Bridging finance lenders generally take a much more simplistic view of the borrowing process than mainstream lenders, putting their focus on the asset that is used to secure the loan and the proposed exit strategy. For this reason, bridging finance is quicker to arrange than more traditional forms of secured borrowing, although the interest rates are usually higher and there are fees involved. Interest payable can be covered periodically by the borrower or added to the principal amount borrowed and paid on final repayment of the total amount, depending on individual requirements and circumstances.
At Best Advice, we have a dedicated, qualified adviser who will work with you to provide impartial advice and find the best deal to suit your circumstances. Please get in touch if you would like to discuss the options and we’ll be delighted speak with you with no obligation on your part.
Commercial Mortgages
Commercial mortgages are mortgage loans that can be secured against a range of types of business premises, such as offices, shops, hotels, restaurants and industrial units.
Commercial mortgages can be arranged for a variety of purposes, including property purchase, business acquisition, expansion or buying out an existing stakeholder in a business.
At Best Advice, we have a dedicated, qualified adviser and work with a panel of lenders offering a wide range of products. Please get in touch if you would like to discuss options and we’ll be delighted to speak with you with no obligation on your part.
At Best Advice, we have a dedicated, qualified adviser and work with a panel of lenders offering a wide range of products. Please get in touch if you would like to discuss options and we’ll be delighted to speak with you with no obligation on your part.
Costs
Our fees are very competitive and an initial mortgage consultation is always FEE FREE.
We charge a typical fee of £595.00 for conducting the research, submitting the mortgage application and dealing with the potential lender. You become liable for this fee upon successful issue of the lender’s mortgage offer although payment is not normally requested until completion or cancellation of the transaction.
- All cases are assessed during the initial fee-free consultation meeting where we are best placed to gauge the work required.
- A “standard” case would attract a fee of £595.00
- A “non-standard” case would typically include, (but not be limited to), where there are undisclosed facts that could affect the case at a later stage, where a history of adverse credit exists, or where a second charge loan is appropriate to the client’s needs, as a consequence we then employ the services of a packager to assist in the completion of the application.
- A “non-standard” case could attract a fee of up to £1995.
Get In Touch Today
We invite you to explore our website to discover the comprehensive range of services that we provide. Whatever your financial aims and needs, we invite you to get in touch for a no-obligation discussion to see how we can help.