Mortgages

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Your home may be repossessed if you do not keep up repayments on the mortgage.

The Financial Conduct Authority do not regulate buy to let mortgages.

Expert Mortgage Advice

Whatever your circumstances if you are looking for local financial advice on mortgages talk to one of our qualified mortgage advisers.  We will give you advice and undertake whole of market mortgage research from across the UK mortgages sector to find the most suitable options for you. Many of which are not available on the high street.

Whether you are looking for a first time buyer mortgage, looking to remortgage or simply want to make sure you are still getting good value for money and want us to provide a mortgage review, please talk to us and we can look at the mortgages available from the whole of the market.

Our mortgage advisers provide local people with local financial advice and can meet with you at our offices in Shenstone Wood End, which is just a short drive from Sutton Coldfield, Tamworth and Lichfield (onsite parking) or we can visit you in your home throughout the Greater Birmingham area and surrounding counties.  Taking out a mortgage is an important decision so we will take time to understand your circumstances so we can give you the most suitable advice.

Is Your Existing Mortgage Costing You Too Much?

Not everyone knows that you can review your mortgage at any time, and it is wise to review your mortgage from time to time to make sure you are still getting the most suitable deal for you.

Lots of people have their mortgage on their lender’s Standard Variable Rate. These can rise or fall at the lenders discretion so although they offer flexibility there is little certainty as to what your monthly repayments will be in the future.  Borrowers with fixed rates that are ending may automatically revert to the Standard Variable Rate without getting a mortgage review.  The consequences are that you could be paying many thousands of pounds more than you need to over the life of your mortgage.

We highly recommend that you contact one of our Mortgage Advisers and talk to them about a mortgage review.

Mortgage Advice For First Time Buyers

With increasing mortgage regulation in force lenders now use an affordability model rather than salary multipliers to establish what they will lend. We can research the mortgages available in the UK mortgage sector and advise you on competitive rates and importantly advise you on the most suitable mortgage option for your own financial goals and your personal circumstances.

But, you can do things to help us find the most suitable mortgage deal for you:

  • Know what’s on your credit file. Knowing at an early stage of any errors or blips on your credit file will assist us greatly
  • A minor error will stay on your credit file for six years and can seriously impact the lenders we can use
  • We suggest not applying for credit in the months running up to taking a mortgage
  • Make sure you are on the voters roll. This may seem minor but it can cause problems when making an application to borrow

Tailored Mortgage Solutions

Every mortgage solution our qualified mortgage advisers suggest is tailored to your needs. Whether you are:

  • Looking for a first time buyer mortgage
  • Interested in a help to buy mortgage
  • Looking to remortgage
  • Interested in a buy to let mortgage
  • Looking for an existing mortgage review

If you are looking for a new mortgage because you are moving house, or looking to fund some home improvements, or you want to review your current mortgage arrangements to make sure you are getting a competitive deal one of our mortgage advisers will be able to help you.

Alongside residential mortgages we can also find out about other types of funding for example bridging finance and second charge funding for your short-term financial requirements, advice on this kind of funding is via referral to our network, Intrinsic Masterbrokers.  If you are looking for a self build mortgage we can advise on the requirements of different lenders and if you have multiple buy to let properties we can talk to you about limited company portfolios.

If you have a less than perfect credit history this doesn’t automatically mean you can’t get a mortgage. Talk to our mortgage advisers and we will advise you on your options.

Beware Of Lenders Arrangement Fees And Penalties

Mortgage lenders are in competition with each other for your valuable business. They are therefore willing to offer incentives to entice you. But beware some mortgage plans tie you in or carry penalties.

There are so many types of mortgage available that it is easy to become confused, possibly opting for the product offering the lowest headline rate of interest. But when booking and arrangement fees, conditional insurances, higher lending charges, lock-ins and early repayment charges are taken into account, the products may not be as attractive as you might have first thought.

Please contact us for a no-obligation consultation with one of our mortgage advisers. We can arrange a meeting at our modern offices between Lichfield and Sutton Coldfield with convenient free parking or at your own home.

Looking for a mortgage can indicate that you have a change in personal circumstances so perhaps reviewing or making a Will is also on your to do list. We share offices with Four Oaks Legal Services, visit their website to see what they can offer www.fouroakslegalservices.com

You are now departing from the regulatory site of Four Oaks Financial Services Limited.  Neither Four Oaks Financial Services nor Intrinsic is responsible for the accuracy of the information contained within the linked site.

Will Writing is not regulated by the Financial Conduct Authority.

Four Oaks Financial Services Limited is an appointed representative of Intrinsic Financial Planning Limited and Intrinsic Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority. Intrinsic is not responsible for the activities provided by Four Oaks Legal Services Limited.

 

 

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