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Having difficulties obtaining a mortgage, because of CCJs, defaults, or arrears? We are experts in finding mortgages and loans for people with poor credit

The rate will also provide a buffer against increases in the interest rates

Many lenders now offer specialist buy to let mortgages that allow private landlords to fix their interest payments for five years or more, providing you with some security over mortgage funding costs

Annual Versus Daily Interest Rate Calculations Some lenders offer mortgages with daily or with annual interest. The best option depends on your personal circumstances, for example if you know you will want to make overpayments or regular capital payments on your mortgage, you should probably consider a daily interest type mortgage. However, if flexibility of payment is not a requirement, annual interest may be more appropriate.

(Gazumping)

Ability to benefit from rate cuts as they occur

A seller may ask you to negotiate specific issues or accept your offer in full; In which case by Scottish Law you are fully committed to the purchase

A good site will ask if you want to receive them or not

Endowment ISA Plan Pension Endowment The most common type of interest only mortgage which also provides life assurance cover and a fixed payment for investment

A mortgage is a sum of money borrowed from a bank or building society in order to purchase a property

To obtain a mortgage in principle you will need go through the same motions as applying for an actual mortgage

You believe that the investment market over the period of your mortgage is likely to generate a cash surplus over and above that required to repay the mortgage

There is also the potential to receive a tax-free lump sum once the capital amount owing has been repaid, or to reduce the term of the mortgage if the target amount is achieved early

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For more information see: Valuations and surveys Removal costs Removal costs vary according to whether your using a removal firm or doing-it-yourself

The agent will be more willing to hand you properties that he can sell quickly or that are in greater demand

In many cases, lenders offer different rates depending on the method by which you apply

Redemption Redemption of a mortgage is the process of discharging a mortgage by paying off the loan. Paying off a mortgage before the end of a mortgage term is referred to as ‘early redemption’ or ‘early repayment’ and may incur an early redemption fee. This fee may be as much as six times your normal monthly payments. There is a greater chance of incurring these fees when redeeming in the first 1-5 years of the mortgage term Residential Leases Can either be short term (typically six months or one year) or long term. A long-term lease can extend as long as 999 years. The length of the lease will affect the value of a property. If it is a short lease or anything much less than 100 years, this will be reflected in the value of the property This means that some short term leases can be seen as very good value, but effectively become rentals.

Specific questions which may cover issues such as disputes with neighbours, alterations to the property, etc

rooms, style, new or old etc

The Act contains strict regulations about how money is lent and covers unsecured loans up to £25,000

No buyer should rely solely on the information provided by a mortgage valuation especially when purchasing a large or old property

The increased flexibility inherent within the repayment vehicle can lead to shortfalls in relation to the amounts required owing to withdrawals having been made

Be precise when filling out the registration forms

All lenders base their mortgage range around their variable rate of interest

Most recent mortgage statement or a redemption statement from your lender

The Lender offers a discount on the Standard Variable Rate (SVR) for a specific period of time

If applicable, a redemption fee will come into effect when you repay/terminate the mortgage within the redemption term, as set out in your mortgage advance