Home Movers

O.K. you've been through the mill before and probably need less information than a first time buyer.  However, if you haven't changed your mortgage in the last few years, you will probably find that things have changed a lot since you last made arrangements.

Check out these points:

• Information only is what it says it is - information only.  You will have little or no recourse if things go wrong.
• Check with your existing lender that you do not have to pay a redemption penalty (early repayment charge).  If you do, try to plan the redemption of your mortgage after the expiry date.  If you cannot do this; consider transfering your mortgage with the same lender.
• Seek advice not information only.  Information only mortgages are almost always offered by lending institutions.  Get advice, It gives you the best protection.
• If you are borrowing more money, consider the implications of higher payments.
• If your existing mortgage was arranged on an interest only basis consider changing this to a repayment type loan or a part & part loan.
• Consider the term of your mortgage.  Try, if you can, to make sure the mortgage finishes before your chosen retirement date.
• Ask about charges.
• Is there an arrangement fee?
• Is there a booking fee?
• How much is the valuation fee and what are the valuation types?
• Is there a HLC?
• What are the early repayment charges?
• What is the APR and what does this mean?
• What are the deeds fees?
• What are the charges that I might incur during the term of my mortgage?
• Are there any conditional insurances to pay.

Feel free to call us if you would like to discuss your options.

Call Now: 0844 357 4429 or Mobile: 0788 0727 493

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