A mortgage is likely to be the single largest financial commitment you ever make. There's a wide range of mortgage products out there, with varying interest rates and repayment options available.
Buying a home
Before you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs.
In addition, people buying their first home often have specific needs when it comes to finding a mortgage. A range of First Time Buyer mortgages exists specifically for this market sector.
Buy to Let Mortgages
These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants. For more information on Buy To Let Mortgages, please click below.
Remortgaging means switching your mortgage to another deal, sometimes with another lender, without moving property.
Later Life Lending / Equity Release
Equity release can help people release cash (equity) in their homes for a particular purpose, like supplementing retirement income.
An offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it.
With options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.
Help to Buy and other government-backed schemes
The government has put in place a number of schemes to support house purchasers, such as Help to Buy. For more information on Help to Buy, please click below.
A bridging loan is taken out to ‘bridge’ the gap between the purchase of a new property and the sale of an existing one.
Second Charge Loans
Second charge loans can be secured against residential or Buy to Let properties.
Self Build Mortgages
These are mortgages suited to people building a new home. With a self build mortgage, money is released in stages as the build progresses.
Please note: Ian Stuart Mortgages Limited is a credit broker not a lender.
Some Buy to Let mortgages and Bridging Finance are not regulated by the Financial Conduct Authority.
You will need to take legal advice before releasing equity from your home as Lifetime Mortgages and Home Reversion plans are not right for everyone. This is a referral service.