MORTGAGES & PROTECTION

Our dedicated independent Mortgage & Protection Adviser is able to assist you with your mortgage enquiries

Residential Mortgages

First Time Buyer: Buying your first home can be daunting. Our initial meeting helps you understand how much you can borrow, how much deposit you may need, and all the costs involved with purchasing your first home.

Looking to move home: We can help you understand your affordability, making sure you can borrow enough without getting into problems with repayments. We’ll also find out what equity you have in your current home and all the associated costs, such as solicitors’ fees and stamp duty.

Remortgage: Is your current deal coming to an end? Do you want to borrow more money to extend your home, or want to take more flexible terms to overpay? We look to reduce your monthly payments and leave you more money to enjoy the things in life that matter.

Buy to Let

Buy to let mortgages are becoming increasingly popular as an option for people who buy property as an investment. but this requires specialist advice. Buy to let properties can provide a source of income and long-term investment opportunities. If you are looking to become a first-time landlord, increase your property portfolio or look for a better deal, personally or through a limited company, our adviser can find the right deal for you.

We also specialise in House in Multiple Occupation (HMO) property mortgages, where a property has five or more occupants.

Houses with mortgage
House build

Self Build

Are you planning on building your dream home? Having the right finance in place can make this dream a reality and help the building process continue smoothly. Self-Build Mortgages can be used for:

  • Land Purchase
  • Ground-up self builds
  • Property Renovation
  • Property Conversion
  • Custom Builds

We make sure any product recommended is fit for purpose, making sure you get the funds at the appropriate build stages.

Self Build

Are you planning on building your dream home? Having the right finance in place can make this dream a reality and help the building process continue smoothly. Self-Build Mortgages can be used for:

  • Land Purchase
  • Ground-up self builds
  • Property Renovation
  • Property Conversion
  • Custom Builds

We make sure any product recommended is fit for purpose, making sure you get the funds at the appropriate build stages.

House build

Bridging loans & Development Finance

Bridging and Development Finance is a short-term loan which is secured against a property. These types of mortgages are most commonly used by landlords, homeowners and property developers. They are used:

  • If you have found a new property but haven’t yet sold
  • To buy a property at auction
  • For refurbishment and development
  • For investment purchases
  • Single or multiple property builds to sell or rent out

Commercial Mortgages

A commercial mortgage is a loan secured against a property which isn’t your main residence. There are two types of basic commercial mortgage:

  • Owner-occupier – where a business is buying to trade from
  • Commercial investment mortgage – where a business is buying property as an investment opportunity

These can be on an interest only or repayment basis and tend to have a lower interest rate than other types of business loan.

Life Insurance

Life insurance is a policy that is put in place to pay a lump sum when you pass away. You would have this in place to cover a mortgage or even to pay a lump sum to family or dependants to cover funeral costs and general living expenses. This cover would give you the piece of mind that your loved ones are looked after when you’re no longer here.

Critical Illness

A Critical Illness Policy would pay out a lump sum on diagnosis of a specific critical illness. The exact illnesses covered vary from provider to provider, but the main conditions would be highlighted as Cancer, Heart Attack and Strokes. This would give you the piece of mind to know that if you were unable to work due to one of these conditions you would receive a lump sum to clear your mortgage or have in the bank to protect you and your family.

Income Protection

This insurance pays you a monthly income if you were to be off work due to illness or injury. This is a long term policy which will give you a regular income until you are able to return to work.

Life Insurance

Life insurance is a policy that is put in place to pay a lump sum when you pass away. You would have this in place to cover a mortgage or even to pay a lump sum to family or dependants to cover funeral costs and general living expenses. This cover would give you the piece of mind that your loved ones are looked after when you’re no longer here.

Critical Illness

A Critical Illness Policy would pay out a lump sum on diagnosis of a specific critical illness. The exact illnesses covered vary from provider to provider, but the main conditions would be highlighted as Cancer, Heart Attack and Strokes. This would give you the piece of mind to know that if you were unable to work due to one of these conditions you would receive a lump sum to clear your mortgage or have in the bank to protect you and your family.

Income Protection

This insurance pays you a monthly income if you were to be off work due to illness or injury. This is a long term policy which will give you a regular income until you are able to return to work.

For further information, please contact Rachael Smith, our Mortgage & Protection Adviser on 07957357212 or email mortgages@allentomasfinancial.co.uk

For further information, please contact Rachael Smith, our Mortgage & Protection Adviser on 07957357212 or email mortgages@allentomasfinancial.co.uk