There are various schemes available to help first time buyers and you do not always need a deposit. Many lenders offer incentives such as free valuations and cash back towards legal costs. Here at Positive Home Loans, we will search out the best deal for your circumstances.
Home Mover
Home movers are catered for in many ways these days and sometimes we can negotiate a deal on your behalf with your current lender. However some lenders offer specific products to encourage you to move your mortgage over to them when you move house.
Remortgage
Remortgaging is extremely competitive these days and there are so many products to choose from that it makes it difficult for the average person to choose.
Self Certification
Self Cert as it is sometimes known can be used in anumber of cases where it is difficult to obtain a mortgage ordinarily because you might not have been trading long, or have fluctuating income by way of commissions or bonuses.
Right to buy
Right to Buy is still an active market even though the maximum amount of discount in monetary terms has been capped. It is possible to borrow over and above your discounted price for home improvements.
Buy to Let / Let to Buy
More and more people are turning to Buy to Let these days as an alternative or in addition to a pension plan. Rates have come down in recent years and can be as low as residential mortgage rates.
Shared ownership
This is a good way of getting on the property ladder if you do not have any deposit available, or if your income is too low to cover a mortgage large enough to buy the property you would like.
Adverse Credit
It is possible to either take out a new mortgage or re-mortgage with adverse credit. We can also help advise the best route to take if you need to consolidate loans to help make ends meet.
Self Build
Various lenders have schemes available for the self build market and usually offer staged payment releases to offer you flexibility when building your own home.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
We will charge a fee of £195.00 payable on completion of your mortgage. We may also receive commission from the lender.
The FSA do not regulate some forms of mortgage