Our Services

Independent Mortgage Advice

Mortgage Advice

For many buying a house can be an exciting but also daunting prospect. Having an experienced mortgage broker to help you through the process can save you stress, time and money.

Here are some of the key reasons to instruct a mortgage broker or financial adviser who specialises in mortgages:

  1. Impartiality. A mortgage broker that you instruct represents you. He or she has no allegiance to the estate agent or vendor you are buying through or from.
  2. Experience. An experienced mortgage broker will have dealt with many cases before and should know the type of properties to avoid, give tips on negotiation and provide some background to the legal pitfalls that can delay or stop a purchase in its tracks.
  3. Product knowledge. Whilst borrowing money is all about finding the cheapest rates there are subtle differences between mortgage products that you may or may not understand. Having an expert guide you through how best to use product features can lead to savings in the long term.
  4. A smooth journey. The person arranging your mortgage has the most detailed knowledge of any professional involved in the transaction.

 
Your mortgage broker knows every element of the property purchase or remortgage because he or she interacts with every other key person in the deal. This in-depth knowledge is vital in advising you as to:

  • The progress of the transaction
  • Problems that may occur
  • Whether the proposed purchase is worth pursuing

Not all mortgage brokers are the same, finding one that genuinely has your best interests at heart can be a useful addition to the team you engage for your purchase.

Contact us today if you would like to speak with us to organise an initial consultation with one of our expert mortgage brokers.

Mortgage Advice from Holder & Combes

In contrast to the limited service proposition of most high street banks, our property team also provides a fully comprehensive advice service that does not stop once a suitable mortgage product has been sourced and applied for.

By keeping in close contact with our clients throughout what can be a very involved and stressful three months of their lives, we are able to help project manage the otherwise demanding house buying process.

From early advice on what sort of property to purchase and areas of London to consider, to helping find a good solicitor, through to advice on which survey to instruct and ensuring all documents and paperwork are forwarded and submitted at the right times, we are on hand to help and advise wherever we can.

  • How much can you afford to borrow?
  • How much deposit do you need?
  • Which lenders will lend to you?
  • How much money will you need to cover moving costs and fees?
  • What will your total monthly outgoings be if you own your home instead of renting?
  • How much can you afford to borrow?
  • What size mortgage can you get?
  • Who do you talk to and how do you start?
  • What types of insurance will you need?
  • What type of mortgage is right for you?

Choosing the right mortgage product has become even more complicated in the last year with lenders increasing interest rates and tightening criteria in a bid to minimize their risk.

With years of experience and access to all UK lenders, we are well placed to help you find the very best mortgage, even in this difficult climate. From first time buyers to buy to let investors, we have the expertise to make sure you get the most cost effective solution possible.

Contact us today if you would like to speak with us to organise an initial consultation with one of our expert mortgage brokers.

Types of Mortgage

Fixed rate mortgages are for those of us who want to be certain of their monthly outgoings and a good option if you are of the opinion that interest rates will rise. They are protected from interest rate fluctuations for the length of deal period. Whilst most of our clients opt for a two, three or five year fix.

Tracker mortgages track the Bank of England base rate and are dependent on its fluctuations. If it drops you pay less, increases you pay more. Lifetime tracker mortgages are now available for the entire duration of the loan period.

Offset mortgages allow you to offset any money in your current account against your mortgage, so you only pay interest on the difference. As the savings for offset mortgages aren’t currently taxed, it can be an efficient way for high rate tax payers to use their money.

 
Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it.