Affordable Mortgages

We are proud to be involved with one of the best mortgage advice networks around that allows us to have a whole of market offering for UK mortgage advice and also access to some great UK mortgage lenders deals. Please note we only offer mortgage advice uk wide. If you are looking for impartial mortgage advice and service from a UK Mortgage Advice Company that is not tied to any other, you should come to us. We will give you the right mortgage advice to help you onto the lowest cost deal to suit your circumstances.

Getting the Best mortgage deal is more important due to the recent credit crunch, lenders are being cautious about lending and that makes fining the best mortgage deal harder to find.

IVA Mortgage — despite the credit crunch there are still mortgage lenders willing to lend you a mortgage with a current IVA. The maxmimum LTV is restricted. If you are in an IVA ( Individual Voluntary Arrangement), then providing it has been running at least 6 months and has no missed payments there are lenders that will offer an IVA mortgage.

Although an IVA puts a strain on your credit and thus your borrowing ability, it does not prevent you from getting a mortgage.

Unlike bankruptcy, you can get mortgage or remortgage your home, whether you are in an IVA or have previously been in one.

If you want a mortgage with a current IVA perhaps as part of the 4th year settlement -, then please get in touch as they need careful handling to ensure they complete swiftly and successfully. We also want a long term relationship helping you our of your IVA and rebuilding your credit rating to get you back into mainstream lending as quickly as possible.

IVA Remortgage — if you are in or have been in an IVA and want to;

• Clear the IVA Early
• Settle IVA in its 4th year
• Settle IVA in its final year
• Get a better deal as IVA is cleared years ago
• Previous IVA remortgage — iva cleared years ago

If circumstances such as divorce, ilness or redundancy have left you in bad credit and you have consequently entered into an IVA then an IVA remortgage may be the solution. It doesn't matter if the IVA is in it's infancy or has been paid off, an IVA remortgage will allow you to release valuable equity from your home amongst other benefits. The usual reason for apply for an adverse credit remortgage is to pay off an IVA early, usually the fourth or final year.

Remortgaging could release thousands of pounds from your home and a bad credit score or an Individual Voluntary Arrangement (IVA) doesn't have to stand in your way. An IVA remortgage could be the answer.

IVA secured loan to clear the IVA

There are lenders that will consider issuing a secured loan to enable you to clear the IVA. However the sole purpsoe of the secured loan must be to clear the current IVA. LTV typically 50%- 75% depending upon property value and loan required.

We offer mortgage advice across;

• Residential mortgages

• Buy to let mortgages

• Buy to let portfolio mortgages

• Commercial Mortgages

• Bridging finance

• Secured and unsecured loans

Please Note: Commercial Mortgages and Buy to Let Mortgages are NOT regulated by the Financial Services Authority as they are regarded as a commercial investment transaction.

Buy to let portfolio mortgages make it easy for landlords to manage their rental property portfolios and are available with several UK Buy to let portfolio mortgage lenders. Buy to Let Portfolio mortgages are designed for landlords who have, or are planning to have, more than one buy to let property. Generally it become viable to look at buy to let portfolio lending when you have at least 3 properties.

We also have buy to let mortgage deal on rental income only, many lenders insist on the landlord having additional income eg a salary. However we have lenders that will use the rental income only on buy to let mortgages

With the Commercial mortgage rates and commercial mortgage lenders becoming tighter in their commercial lending criteria, let us help you find the best commercial mortgage rate deal from our large panel of commercial mortgage lenders and compare Commercial Mortgages and the best deals...

A commercial business mortgage provides an excellent business finance solution for a company to purchase land, property or acquire an existing business. Commercial business Mortgage Lenders do tend to only lend on the 'bricks and mortar' not goodwill. Commercial Lenders will want to secure a first charge over the property in order to secure their finance.

The pricing of Commercial Mortgages is significantly more complicated than the residential market.

Compare Self Cert Commercial Mortgage rates from a wide range of commercial mortgage lenders - Let us help you find a great commercial mortgage deal that meets you needs. We can help source self cert commercial mortgage rates for; shops, cafes, bars, restaurants, takeaways, shops with flats above, guesthouse B&B's, offices, warehouses, industrial units, kennels, farms - you name it !

Commercial bridging finance is a loan, or short-term mortgage, usually for a period of 12 months or less, which may be used towards the purchase of a property, to consolidate debts or to resolve a temporary cash flow situation within a commercially operated business. The loan or short-term commercial mortgage is secured against existing property

Why use Bridging finance?

1. Tight deadline- Most auction houses have tight deadlines for completion and in the current market these are very difficult to achieve using a traditional Buy to Let Mortgage. Our lenders provide funding within 7 to 10 days giving you peace of mind. For further assurance we can conduct a valuation before the auction and provide indicative terms, so you can go to auction knowing exactly how much you can bid and how much the funding will need.

2. Property un-mortgageable in its current state- Often properties at auction are in need of works or refurbishment. Having no kitchen or bathroom for example can mean that traditional Buy to Let lenders will not lend on a property or will ask for a significant retention of funds. Our lenders will take a commercial view and, often lend without the retention. Our funding enables you to do the necessary refurbishment work, bringing the property up to the required standard needed for a Buy to Let refinance deal.

3. Add value before refinancing- For many investors, using bridging finance provides the best way to recoup deposit/refurbishment funds and therefore maximise return on investment. Bridging funds are used to purchase the property and then upgrade/refurbish giving an uplift in value. Upon revaluation you are able to re-finance against a higher value, which in most cases results in recouping all of the deposit and refurbishment funds. Using a bridge means the purchasers funds are “tied in” for a very short period of time, cash flow is maximised.

4. Credit repair- In the current market a poor/adverse credit profile will make obtaining a mortgage very difficult and/or extremely expensive. A bridging loan of between 6 -9 months will give you the opportunity to repair your credit file before re-financing into a long term mortgage at a more competitive rate.

5. Buying a property to sell quickly- When an investor is buying a property to sell quickly (flip on) the fees associated with a mortgage (set up, Interest, ERC) can outweigh the costs of a bridge. Some of our lenders have no minimum term enabling you to sell quickly without paying further interest.

6. Sales under Value- In the current market many purchasers/investors are buying property below market value. Our lenders will take a commercial view and in certain circumstances lend against the “Open Market Value” of the property. By lending against the open market value, the deposit needed by you is reduced again easing cash flow therefore increasing your return on investment and making the auction purchase achievable.