Mortgage Guide
Help With Mortgages and Help Paying the Mortgage
If you are looking for mortgage help there are no end of professionals who are qualified to offer advice. In the UK, mortgage help is easy to find in terms of advice. It is highly regulated. Mortgage advisors are governed by the Financial Services Authority and operate by a very specific code.
Typically mortgage advice is offered by mortgage lenders, mortgage advisors, mortgage brokers and IFAs.
If you approach a lender for help with mortgages, naturally they will want to sell you their employer's mortgages.
Whilst most mortgage brokers may offer an unlimited range of mortgages some may represent a panel of lenders and therefore offer a more limited range.
We work with a network of reputable network of mortgage advisors who are there to offer you help with a mortgage – or remortgages – or equity release - depending on your requirement. Contact them for mortgage advice.
If you are a first time buyer wanting help with a first time buyer mortgage it may be that you will want to team up with a co-buyer in order to be able to afford your first home. Having someone else help pay mortgage payments can make all the difference between getting onto the first rung of the property ladder and not. Not only will they help paying mortgage payments but also bills and property purchasing and maintenance costs. That co-buyer or joint owner might be a friend, sibling, parent or even a stranger you have join forces with specifically to buy a first home. Having a joint owner can really help with a mortgage.See our joint ownership section.
Help with mortgages may not come free and your advisor, broker, IFA or lender may charge an up-front fee or he should declare if he is earning commission from arranging particular mortgages. Whoever offers you help with your mortgages will be keen that you are not over-borrowing as they want to be assured as possible that you will be able to make loan repayments.
If you are looking for help with mortgages and you are a first time buyer, our ‘best first time buyers mortgages' comparison table will be of great interest as it lays out all the options along with mortgage features, pros and cons and who markets them.
If at any itme when you have your mortgage and you need help with mortgage payments it is always advisable to speak with your lender or broker. Mortgage help is also something your parents might offer - either with a guarantor mortgage or helping with mortgage payments. Many people apply for mortgage loan help and a solution can nearly always be found with the lender.
Request no-commitment, independent, first time buyer mortgage advice
Other mortgage guides, advice and useful pages:
Mortgage Comparison - First Time Buyer Mortgages - About First Time Buyer Mortgage Advice - First Time Buyer Mortgage Brokers - Buy to Let Mortgages for First Time Buyers - Remortgages for First Time Buyers - Shared Ownership Mortgages - Mortgages for Parents of First Time Buyers - Shared Appreciation Mortgages - Joint Mortgages - Financial Advice for First Time Buyers - Overseas Mortgages for First Time Buyers - Request First Time Buyer Mortgage Advice - Find your First Property - New-Build Gifted Deposit Deals - Best First Mortgages Comparison Table
Features, advantages and disavantages of specific first time buyer mortgages:
100% Mortgages l Cashback Mortgages l High LTV Mortgages l Graduate Mortgages l Professional Mortgages l Mortgages with Parents l Guarantor Mortgages l Family Offset Mortgages l Mortgages with Friends or Family l Mortgages at University l Rent a Room Mortgages l Affordable Mortgages l Interest only Mortgages l Part Repayment Part Interest Mortgages l Interest-free Start Mortgages l Shared Ownership Mortgages l Poor, Adverse or Poor Credit Mortgages l Key Worker Mortgages l Shared Equity Mortgages
Useful websites:
www.cml.org.uk – council of mortgage lenders.