Our excellent in-house mortgage team has you covered
Meet our in-house mortgage specialists
Join our mortgage specialists Phillip and Stefan explaining how they can help you find the perfect solution.
Buying a house is normally the single biggest financial commitment you will make. Making the right decision will save you money. Making the right decision will save you money.
before you can purchase a house you first need to achieve a mortgage offer.
Mortgage lenders will use an affordability calculator that will factor in your income and outgoings. Any other credit commitments will reduce the amount they will be prepared to lend.
The role of our in-house mortgage adviser is to help you to identify the lender who is most likely to agree to lend you the required amount you need. This is based on your personal and financial circumstances.
Since the launch of The Mortgage Market Review back in April 2014. Also the recent Mortgage Credit Directive from March 2016, the process has become much stricter.
Fixed rate or variable rate?
The main consideration when choosing a mortgage is whether to choose a fixed rate or variable rate. A fixed rate will remain the same for an agreed length of time i.e. a five year fixed rate will have the same monthly payments for five years, before being reverted to the lender’s variable rate. This might be ideal for a family seeking financial stability but may be inflexible for someone looking to sell their house in two years.
Payments on a variable rate mortgage fluctuate depending on the level of interest rates. This is generally linked to the Bank of England Base Rate. If the interest rate goes up, so do the payments on a variable rate mortgage; similarly, if the Bank of England announce a drop in the interest rate your monthly mortgage payment will go down too. Variable rate mortgage can give you lower initial payments, but have the scope to cost more if interest rates go up.
Stefan Olingschlaeger is our mortgage & protection specialist and has over 16 years’ experience within financial services and providing mortgage advice.
Cemap & Cefap qualified, Stefan previously worked as a personal banker, a financial consultant & now uses his financial experience & expertise to focus on mortgages and protection.
Stefan is also qualified in Buy to let Mortgages, Equity Release and ready and able to support and help you in this area.
If you would like a meeting with Stefan or simply have an initial telephone call to understand your mortgage & protection options, please contact 01273 208813 or email [email protected]
If you are interesting in Equity Release Stefan would be very happy to help you with this for more information please click here
If you are interesting in Buy to let Mortgages Stefan would be very happy to help you with this for more information please click here
Questions about your finances?
See how our dedicated team of experts can help you. Please enter your details below - it takes less than 60 seconds to complete the form.
Investing Tax Efficiently
The way that investments are taxed has changed over recent years due to successive governments’ policy changes.
Investment Planning and Asset Allocation
Investment planning is now more of a science than an art; due to technology, ever-increasing investment opportunities and stricter regulation.
Making the Most of ISAs
When Individual Savings Accounts (ISAs) frst appeared in 1999, as a replacement for PEPs and TESSAs, they were a relatively straightforward offering.
Investing For Your Children
Most parents want to help their children financially, whether it is making sure there is enough money for their education or helping them to buy a property.
Investing In VCTS, EISS and SEISS
Governments of both hues have introduced (and closed down) a variety of schemes to encourage investment in new and small businesses.