Mortgage finder

Our mortgage finder is a quick and easy way to look at current mortgage deals.

You can do a quick search by selecting whether you’re buying or remortgaging your own home or a buy to let property, how much it is worth, how much deposit you have and what mortgage term you require. You can also use additional features to refine your search results.

The mortgage finder tool will then search all the deals currently available to find the options that match your requirements. This way, you can compare thousands of results in a few seconds.

• Repayment mortgage – when you make a monthly payment, you pay interest at your interest rate, but part of the amount will also reduce your mortgage balance;
• Interest-only mortgage – your entire monthly payment is used to pay interest on the mortgage loan, so the balance doesn’t reduce.

• Fixed rate – Most common choice for people when taking out a mortgage, as it guarantees the interest rate for a period of time. This rate is normally valid for 2, 3 and 5 years, although sometimes there are interest rates fixed for 7 or 10 years as well.
• Tracker rate – This interest rate usually tracks the Bank of England base rate, although sometimes it may track the Libor rate. If interest rates fall, then you would benefit from lower monthly payments, but if they go up, your monthly payments will increase as well.
• Discount rate – You get a discount from the lender’s standard variable rate for a number of years. If the lender increases or reduces their standard variable rate, your monthly payments will go up or down too.
• Standard Variable Rate (SVR) – This is the lender’s interest rate for when you are not tied into a deal and to use as a basis for a discount rate. The lender can change it any time at their discretion.

Your mortgage amount can be expressed as a percentage of the property value. For example, £80k mortgage on a £100k property is an 80% mortgage or, to put it another way, the loan to value (LTV) is 80%.

This is the difference between the property value and your mortgage balance.

For example, if a property is worth £100k and your mortgage is £80k, then you have £100k – £80k = £20k, which is either your deposit or equity, dependent on whether you’re buying or remortgaging.

When you buy a property, you put this money down from your savings, family gift or inheritance and it’s referred to as your deposit. However, once you own the property, your portion (the above mentioned £20k) is called the equity.

The mortgage finder tool helps you look for available deals for your planned purchase or remortgage, be it for your own home or for an investment property.

The “How much can I borrow?” calculator does exactly what it says on the tin, i.e. it aims to give you a ballpark figure regarding your borrowing potential. However, the exact amount will depend on a lot of little details and on each lender’s own algorithm, so please contact us in order to get a precise answer.

The “mortgage payment calculator” answers your question about how much the mortgage will cost each month. You just type in a few details and have an instant answer. Then it’s easy to change the details and calculate the new monthly mortgage payment.

The “stamp duty calculator” helps you understand how much stamp duty you will have to pay when your purchase completes. However, your solicitor will confirm the final amount and they will also make the payment to HMRC on your behalf.

There are additional calculators as well, which may help you answer your questions:

• Buy to Let mortgage calculator
• Mortgage overpayment calculator
• Offset mortgage calculator
• Remortgage calculator
• Mortgage balance calculator

When you are doing something new for the first time, it can be daunting. We understand it and are here to help you through the whole process.
Even if you bought a property before, it may be your first remortgage or your first buy-to-let mortgage, so expert advice can go a long way.

Step 1 – First we discuss your situation and establish how much you can borrow, so you can then look for a property within your price range or consider your remortgage options.

You may find it helpful to use our mortgage finder tool and some of our calculators.

Step 2 – Once your offer is accepted on a property or you have decided to proceed with a remortgage, we collect the necessary details and documents and agree on the mortgage deal.

Step 3 – We structure and submit the mortgage application on your behalf and liaise with the lender, estate agent, developer, solicitor, etc. as appropriate to help things move along.

Step 4 – After your mortgage offer is issued and the solicitor takes over to finalise the purchase or remortgage process, we will still be here for you to answer any questions you may have and arrange any insurance as per your preference. For example, buildings and contents insurance, life insurance or even landlord insurance.

After the transaction completes, we could also help you later on to arrange an additional loan for home improvements or to buy an additional property, so just drop us a line and we’ll be happy to assist.

When you are doing something new for the first time, it can be daunting. We understand it and are here to help you through the whole process.
Even if you bought a property before, it may be your first remortgage or your first buy-to-let mortgage, so expert advice can go a long way.

Step 1 – First we discuss your situation and establish how much you can borrow, so you can then look for a property within your price range or consider your remortgage options.

You may find it helpful to use our mortgage finder tool and some of our calculators.

Step 2 – Once your offer is accepted on a property or you have decided to proceed with a remortgage, we collect the necessary details and documents and agree on the mortgage deal.

Step 3 – We structure and submit the mortgage application on your behalf and liaise with the lender, estate agent, developer, solicitor, etc. as appropriate to help things move along.

Step 4 – After your mortgage offer is issued and the solicitor takes over to finalise the purchase or remortgage process, we will still be here for you to answer any questions you may have and arrange any insurance as per your preference. For example, buildings and contents insurance, life insurance or even landlord insurance.

After the transaction completes, we could also help you later on to arrange an additional loan for home improvements or to buy an additional property, so just drop us a line and we’ll be happy to assist.

Building insurance

If you buy a house, then building insurance will be mandatory to ensure that in case the structure is damaged (e.g. by fire, flood or movement), the insurance will cover at least the mortgage amount.

Nothing else is compulsory, but of course, it makes sense to cover costly unexpected events.

Contents insurance

Contents insurance can pay for replacing your personal belongings if someone burgles your home, there is fire, you accidentally drop your new flat screen TV…and the list goes on.

Landlord insurance

If you’re planning to rent out your property then you should consider getting landlord insurance. Landlord insurance protects you as a landlord from risks associated with your rental property. It usually includes buildings and contents insurance, but can also include rental-property specific covers such as protection against loss of rent, and tenant default. It can also cover legal fees and compensation for damage or injury to the tenant due to the property.

Life insurance

Life insurance is a one-off payment if you were to die during the mortgage term, so the insurance can settle your mortgage. This would allow your family to stay in the property without worrying about mortgage payments at an already stressful time.

Critical illness cover

Critical illness cover would give you a lump-sum if you had a serious illness like cancer, heart attack or stroke as well as dozens of other conditions. This payment may or may not settle the mortgage, but it can help pay for treatment, let you take time off work while recovering or alter your home, if necessary.

Income protection

Income protection is designed to give you a monthly income for some time in case you can’t work due to an accident or a long term illness. This covers mental health issues as well.

Of course, all the insurances come with terms and conditions, optional features and your medical history can influence your options.

To find the right insurance cover that fits within your budget, speak to our team today. We can compare the whole market, find the most suitable cover and apply on your behalf free of charge.