I just wanted to take a moment to let you know how pleased we were with the great service that that you provided during the re-mortgage of our home.
...You were friendly and personable and consequently we felt at ease to ask any questions throughout. We would have no hesitation in using you again and would definitely recommend you to others.Lauren & Dan
Early Repayment Charge
If you pay off your mortgage in full or make overpayments in excess of the amount agreed by your lender at the outset you may be asked to pay an early repayment charge by your lender.
This charge is raised in order to recover any losses or costs incurred by your lender as a result of your early payment.
These are usually charged by the lender when arranging a loan on certain products. They can usually be added to the loan.
A higher arrangement fee will often provide a lower interest rate, however it is not always worth the extra cost. Speak to one of our advisors for advice on this matter.
This fee is for an independent assessment of the value of a property carried out by an approved surveyor and paid for by you the customer.
All lenders insist that a valuation is carried out on a property. The valuation is used by the bank or building society to decide how much they are willing to lend you.
Higher Lending Charge
This is the term used for insurance for the lender for you defaulting on your payments when your property is worth less than the loan or in some cases this charge is payable when you are only able to pay a small deposit.
There are many mortgages that do not carry this charge and based on your situation it is possible that this type of charge can be avoided altogether.
Simply visit our contact page and we will call you to discuss your mortgage and or protection requirements.
The levels and bases of taxation and UK interest rates are subject to change.
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.