Whether you’re buying your first home or moving, we can help

While it's not mandatory to use a mortgage advisor, having one can be incredibly beneficial. Mortgage advisors have expertise in navigating the mortgage market, access to a wide range of lenders and deals, and can offer personalised advice based on your financial situation. They can help simplify the process and improve your chances of securing the best mortgage terms.

A mortgage advisor will assess your financial situation, recommend suitable mortgage products, and help you complete your mortgage application. They can also negotiate with lenders on your behalf, ensure you understand the terms and conditions, and provide ongoing support throughout the home-buying process.

Yes, you can get a mortgage if you're self-employed. However, the process might be more complex as lenders will want to see proof of your income and financial stability. This typically involves providing several years of tax returns, business accounts, and other financial documentation. Mortgage advisors can help you navigate these requirements and find lenders that specialise in self-employed mortgages.

Fixed-rate mortgages have an interest rate that remains constant for a set period, usually 2, 3, 5, or 10 years. This means your monthly mortgage payments will stay the same during this period, providing stability and making it easier to budget.

Variable-rate mortgages have interest rates that can change over time, usually in line with the Bank of England's base rate or the lender's standard variable rate (SVR). This means your monthly payments can go up or down, depending on market conditions. Variable-rate mortgages include tracker mortgages and discount mortgages.

Stamp Duty Land Tax (SDLT) is a tax you pay when you purchase a property in the UK, with variations in different regions. In England and Northern Ireland, SDLT applies to property purchases over a certain price threshold, with rates increasing in bands based on the property's price. In Wales, the equivalent tax is called Land Transaction Tax (LTT), which has different thresholds and rates. In Scotland, it is known as Land and Buildings Transaction Tax (LBTT), with its own set of rates and bands. It's important to check the current rates and thresholds for the specific region where you are buying a home, as these can change and impact the total amount of tax you need to pay.

In addition to your mortgage deposit, there are several other costs to consider when buying a home. These include stamp duty, solicitor or conveyancer fees, survey fees, mortgage arrangement fees, valuation fees, removal costs, initial furnishing and decorating costs, and ongoing maintenance and repairs.

An agreement in principle (AIP), also known as a mortgage in principle, is a statement from a lender indicating how much they are willing to lend you based on an initial assessment of your financial situation. It is not a formal mortgage offer, but it shows sellers that you are a serious buyer and can help speed up the home-buying process.

An interest-only mortgage is a type of mortgage where you only pay the interest on the loan each month, not the capital. At the end of the mortgage term, you will need to repay the original loan amount in full. This type of mortgage can result in lower monthly payments, but it requires a solid plan to repay the principal amount when the term ends.