Mortgages
At Independent Mortgage Solutions, we have been providing our clients with friendly, knowledgeable and genuinely independent mortgages advice since 2004. Every lender is different, they all have different criteria, they lend different amounts, they treat income in different ways and they have different rules for certain types of property. We also understand that our clients are individuals with varying requirements and different personal and financial circumstances. We are experts at guiding you through the maze of options and we like to get it right first time. We regularly see people who have been turned down by their own banks or offered insufficient loan amounts yet we are able to help.
We are experts at arranging mortgages for the following:
We know that buying your first home can be daunting as well as exciting, so we are with you from your initial enquiry, right up until that moment when you pick up the keys to your new home. We will go through the costs of moving with you, we will discuss the available options and products and we will recommend the most suitable mortgage, tailored to your own individual circumstances.
We will also liaise with your solicitor and estate agent to ensure that the whole process runs as smoothly as possible. We are here to advise, to listen and to help you on every step of the journey.
Home Movers
OK, so you’ve done it before but buying and selling simultaneously can be stressful.
We aim to make that process as smooth as possible for you. As well as arranging your mortgage, we will complete a borrowing guide to help you with planning for the costs and fees of moving and we will give you as much or as little help as you need along the way.
We can even help you if you have redemption charges and need to port your current mortgage.
Remortgages
Maybe your current mortgage product is coming to an end.
Maybe you would like to release some money for home improvements, to buy a car or to consolidate some debt.
Whatever the reason, we can help.
We can also look at the options available from your current lender so that you can be confident that you are getting the best possible advice.
Buy to let
Buy to Let mortgages can be a minefield, especially with the recent regulatory changes which have taken place. It is therefore essential to deal with a company who can carry out the appropriate calculations and ensure that your mortgage requirements match the lender’s criteria.
Whether you are looking to buy your first investment property or whether you are an experienced landlord, we can help. We arrange mortgages for buy to let purchases or buy to let remortgages and we can give you as much help as you need throughout the process.
Large Loans
It may sound straightforward but did you know that may lenders cap lending or have special criteria for mortgages over a certain value?
At independent mortgage solutions, we are experts in dealing with High Net Worth clients who need to arrange high value mortgages.
Many lenders even provide us with specialist underwriters to ensure that the application process runs as smoothly as possible.
Self Employed
There are many different categories of self-employment. At independent mortgage solutions, we know exactly how lenders will assess your income – and they are all different! Whether you are a sole trader, a partner, a company director or a contractor, different lenders will use different elements of your income in different ways.
For example, some lenders average income, others may use the latest year. Some will use retained profit, others will not – the combinations are endless! We believe in getting it right first time so let us help.
it’s not unusual
You may think that your circumstances are unusual, but the chances are that we have probably heard it all before.
We understand that everyone is different so if you think that your situation is complicated, talk to us and we will do whatever we can to help.
We normally charge a fee for mortgage advice, however this will be dependent on your circumstances. Our standard fee is £299.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Debt consolidation is not always the most suitable option, consolidating debts must be carefully considered. It will usually mean more interest over a longer repayment term and there may also be early repayment penalties on your current mortgage, you should think carefully before securing other debts against your home. There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service https://www.moneyadviceservice.org.uk/en/tools/debt-advice-locator these services may be more suitable for you.
The Financial Conduct Authority does not regulate most buy to let mortgages.