Many people find mortgages confusing and difficult to understand, with so many options to consider and with the best rates changing on a daily basis. That’s why it’s essential you get professional advice on such an important decision whether you’re buying, selling or just remortgaging. By arranging a mortgage consultation with the “The Exchange Mortgage Services” we can offer advice and recommendation tailored to suit your circumstances with access to a wide range of lenders saving you the time of shopping around. Here are some useful reference guides to get you started.
- Quick Guide
Use this guide if you haven’t got time to look at all the areas below or want to print a quick reference tool for future reference.
- Types Of Mortgage
A basic and brief description of the main mortgage options.
- Mortgage Summary
A quick reference guide to the main mortgage products and some of the usual features.
- How Much Can I Borrow
How much you can borrow varies from each lender and will be discussed during your mortgage consultation but here is a quick guide on how that decision may be made.
It’s extremely important that when you buy a property you properly protect it and yourself. Here are some of the areas to consider.
- Repaying The Loan
Find out some of the ways you can choose to repay your mortgage. Here is a brief description of how they work.
- Other Costs
A brief explanation of some of the costs that you may encounter.
- Step By Step Planner
Use this simple and helpful planner to organise yourself. Post completion: although you have now moved into your property there may be some additional matters which arise and the most common of these are explained here in more detail.
- Estimate Cost Of Moving
It can be very easy to forget or miss a particular cost. During a mortgage consultation we will assist you in completing this estimate of the costs to match your circumstances.
- Budget Planner
Regardless of what amount a lender may be prepared to lend you it’s vital you establish how much you can afford to repay. Prior to and during a mortgage consultation we will complete a budget planner with you.
You can use this checklist to guide you through the various stages.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Exchange Marketing Consultants Ltd is an appointed representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance & consumer credit mediation activities only.
“We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm). You may be able to submit a claim through the EU Online Dispute Resolution Platform (https://webgate.ec.europa.eu/odr/main/?event=main.home.show if you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service).”