Independent Mortgage Advice
At Financial Advice Centre, we know that securing a mortgage and buying a property can be an emotional, pressurised and time consuming experience.
Whether you are a first time-buyer purchasing your first home, looking to move home, refinance, self-build or buy to let, we can help.
We review the whole of market to help you select the right mortgage package for your needs. Our independent mortgage advisers guide you through the process and are on hand to answer your questions as well as ensuring all the fine print and deadlines are taken care of so you don’t have to. We aim to take the pressure off you and manage the process so there are no unnecessary delays.
We can help you with any of the mortgage options listed below. For specific advice, please get in touch. firstname.lastname@example.org or 01905 723 058.
Your home and property may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority does not regulate some aspect of buy to let mortgages.
Adverse Credit Mortgages
Your home may be repossessed if you do not keep up repayments on your mortgage.
In their ideal world, lenders would lend only to those with faultless credit histories, perfect work records and adequate deposits.
But money problems can affect anyone. Adverse credit problems can be linked to a loan default, a county court judgement or bankruptcy.
Sometimes people get into debt through no fault of their own and, even if they have been to blame, want to sort things out. Certainly no-one taking out a mortgage wants to see their property repossessed.
Thankfully, some lenders are willing to provide adverse credit mortgages. Deals are unlikely to match standard mortgages; lenders in the adverse credit market (also known as 'sub prime' or 'non-conforming') will usually charge higher rates.
Your application will be thoroughly vetted and the interest rate set according to the ‘risk’ you pose (in the eyes of the lender). You may also be subject to early repayment charges.
We will not advise you if you are experiencing difficulties managing debts. Free help and advice about managing your debts is available by contacting the Money and Pensions Service via its website: https://www.maps.org.uk/
You may have to pay an early repayment charge to your existing lender if you remortgage.