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Speak to us and we'll be able to help you understand, after considering your needs, what mortgages are likely to be available to you
Once you've instructed us, we'll need a few documents from you & we'll handle talking to the lenders and completing all the paperwork.
Once everything is finalised, all you'll have to do is pick up the keys. If you don't get a mortgage offer through us then we won't charge you anything
You want your property to make you money and getting the most suitable mortgage is a great way to ensure that. We compare interest only and repayment mortgages to find you the most suitable mortgage for your situation.
There are many factors at play. You need to consider your income, savings, outgoings and the price of the property you are looking at buying. There are basic mortgage affordability calculators online but if you call us or book a consultation, we can tailor this to your specific situation.
There are two main types on mortgage:
• Repayment mortgages
• Interest only mortgages
The latter are mainly reserved for buy to let mortgages with the idea being to only repay the interest and not the principle. Most people opt for a repayment mortgage – over time you pay less interest and more capital as the borrowed amount reduces.
There are also sub types Fixed rate, variable rate, offset and tracker mortgages. We can discuss these all over the phone and which one will be most suited to your situation.
Ashby Mortgages can help you compare mortgages comprehensively with a wide range of products from the High Street and Specialist Products not available direct
If you go to a bank for your mortgage you will only be presented with their offerings. A broker however will help you compare mortgages comprehensively with a wide range of products from the High Street and Specialist Products not available direct Another advantage of going through a broker is their vast knowledge of the mortgage market and their assistance in completing your mortgage.
If you have never owned a home then yes you are qualified as a first time buyer. You can however qualify for a first time buyer mortgage if you do not currently own a home but previously have, however this is lender specific. We can present these options to you within our consultation.
Valuation fee – This should be sought independently as these costs vary from property to property and dependent on the level of survey/valuation required. We can provide quotations for property surveys, upon request.
Lenders fees – Vary from lender to lender and property to property. Sometimes even based on borrowing amount and type of mortgage chosen. Any such costs are either paid up front or in some cases can be added to the mortgage. Any such costs will be highlighted in your mortgage illustration (ESIS) and are set by the lender.
Broker fee – We charge a flat fee of £195 once your mortgage offer is issued.
Solicitor fees – These costs can vary greatly, dependent on many differing scenarios including the inclusion or not of stamp duty. All costs should always be checked with a conveyancer/solicitor before proceeding. We can provide quotations for Solicitor fees, upon request.
Stamp duty – Subject to homeowner status and property value. Can be estimated on the government website. Your broker can go through this with you in specific detail upon a consultation
Please feel free to book a consultation with us for advice and guidance on acquiring a mortgage
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK. We charge a broker fee of £195 upon approval of a mortgage offer.
The Financial Conduct Authority does not regulate some forms of Buy to Lets.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Ashby Mortgages Ltd, trading as Ashby Mortgages, is an Appointed Representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 9 Conquerors Way , Northampton, NN5 4WT. Registered Company Number: 11225207. Registered in England & Wales. ICO number: ZA321077.
FCA number: EJD01072