April 6, 2016
What is Help to Buy? The government has created help to buy scheme to help hard working people like you to get on to the property ladder, there are various forms of help to buy so please continue below. Help … Continue reading
April 6, 2016
This mortgage is called a ‘buy to let’ mortgage, you are purchasing a property with the sole purpose of renting this out to a tenant. Generally, the deposit required for these mortgages are higher than a residential mortgage. In addition … Continue reading
April 6, 2016
A lot of lenders now work on the basis of ‘credit score’ so on occasion even with previous credit problems if you have a high enough credit score we can still obtain a mortgage via a high street bank. If … Continue reading
April 6, 2016
An offset mortgage is a mortgage where you can use savings to reduce the amount of interest you pay. The savings are ‘offsetting’ the amount of interest you pay, a savings account is opened and linked alongside the mortgage account. … Continue reading
April 6, 2016
A lenders standard variable rate is set by the lender; this is generally the rate your mortgage reverts to after the fixed rate or discounted rate period.
April 6, 2016
Fixed Rate A fixed rate is a rate of interest fixed for a period of time generally ranging at 2,3,5 and 10 years. Fixed rate mortgages are for people who want to budget and know what their payments will be … Continue reading
April 6, 2016
The are two main ways to repay your mortgage: Interest Only An Interest Only mortgage is where you pay regular interest payments on the outstanding balance of the mortgage, you are responsible for the full repayment of the loan at … Continue reading
April 6, 2016
A remortgage can mean a couple of things, generally a remortgage is where you are coming to the end of a fixed rate or discount period and would like to ‘remortgage’ in order to source a better deal elsewhere OR … Continue reading
April 6, 2016
A mortgage is legal agreement by which a bank or building society lend money against a property in exchange for a legal charge, interest is paid on the money borrowed at an agreed rate of interest.
One 77 Mortgages Limited, B2 Methuen South, Methuen Park, Chippenham, SN14 0GT registered in England No: 7411452 and is authorised and regulated by the Financial Conduct Authority Under Number 753474 for Mortgage and Insurance Mediation Activities Only.
The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers within the UK.
For your information calls may be recorded for quality and monitoring purposes.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
