Mortgage Advice in Leeds, Bradford, Cannock

Our Mortgage Broker often works with 100's of lenders, including wholesale lenders (who often don't deal directly with the public consumer), and have a very wide range of product and lending options available to them.

Independent mortgage advice can help you make sense of the many different home loans available today. They can also guide you through as to whether an interest only or repayment mortgage is best for you, a fixed or variable rate, a discounted or current account mortgage. An IFA can guide you through the mortgage protection and associated mortgage products required whilst guiding you through all the other mortgage decisions that need to be made.

Our Mortgage IFAs have access to the latest mortgages (including many that aren't available through high street lenders) and can provide invaluable mortgage advice, pointing you toward the most appropriate deals and highlighting any early redemption charges and added charges.

Interest rates are at their lowest for almost fifty years and there are now thousands of different mortgages available in the UK with new deals being introduced every day. Do you have the most suitable mortgage which you pay for at a competitive rate? Are you making the most of your mortgage? Should you be borrowing more money or paying off your mortgage as quickly as you can?

It is important to ensure you have the right mortgage for you, but with UK Base Rates having fallen from 15% in October 1990 to 4.5% in May 2006, it's equally vital to ensure you're not paying over the odds for your mortgage. It is estimated that 4 out of 10* people paying off a mortgage in the UK would be better off in a different mortgage. If you are considering remortgaging, you should be sure to get your facts straight before you start the process.

Mortgages – an introduction

Mortgages can be confusing, since there seem to be so many different types of home loans available. However, with a little homework, it is possible to gain a sound working knowledge of the subject and an understanding of the terminology.

Even armed with this information it makes sense to talk to a professional mortgage adviser. With the number of mortgage choices available – well over 1,000 different deals (which are constantly changing), from over 100 lenders – an Independent Financial Adviser (IFA) is well placed to help you select the type of mortgage that best suits you. Such an IFA should have access to most, if not all, of the latest mortgages (including many that aren’t available through high street lenders), and can provide invaluable assistance in highlighting potential pitfalls.

However, to help you make sense of the mortgage market we have prepared a brief description of each type of mortgage, with handy summaries.

Right at the outset it is important to understand that there are two facets to a mortgage: how the loan is repaid; and how interest is charged on the debt. Get this clear in your mind, and logically everything else should fall into place.

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Click on the options below to find out more information. We give FREE impartial advice using a qualifield MCCB advisor. Call us on 0800 092 6350 and quote INMORTGAGE to get a decision in 2 hours!

Standard Variable Mortgages | Fixed Rate Mortgages | Current Account Mortgage | Understanding Mortgages | 11 Step Buyers Guide