We know mortgages can be confusing, whether it’s for a…
Buy to Let
First Time Purchase
Right to Buy
Self Cert Application
We offer a comprehensive mortgage service designed to make the process easier for you!
Whether you already have a mortgage, or you’re looking to buy your first property our specialist mortgage advisers will search the whole of the market to find the most suitable mortgage for you. We may be able to help you even if you have:
– Mortgage arrears
– Poor / bad credit rating
– County Court Judgements
– IVA’s – Bankruptcy
The right mortgage for you :
The actual mortgage product and rate will depend on your personal circumstance, so call us now on 020 8470 5454 and our specialist independent mortgage advisers will discuss your option.
• Stepped Rate
Stepped Rate mortgages come in various forms. They can be discounted for a number of years, with the discount rate reducing or even increasing during the scheme period, or even short-term fixed rates followed by a discounted period.
• Variable Rate
Your payments go up and down as the mortgage rate changes (mortgage interest rates tend to move in line with the base rate set by the Bank of England, but there is sometimes a delay). Lenders set their own standard variable rates of interest.
• Base Rate Tracker
The interest rate varies (up or down) directly in line with the Bank of England base rate.
• Fixed Rate*
The interest rate is guaranteed to stay at a set level for a set period, regardless of any changes in the base rate.
• Capped Rate*
The interest rate varies but doesn’t go any higher than a set level, even if the base rate does go higher.
• Discounted Rate*
Your payments are variable, but they are set at less than that lender’s standard variable rate for a period of time. At the end of the period, you are usually charged the lender’s standard variable rate.
*If you choose a fixed or discounted rate, make sure you’ll be able to cope if your payments increase sharply at the end of the set period.’
Mortgage terms in ‘Plain English’
We appreciate that mortgage terms can be difficult to understand so we explain everything very clearly about financial services and products and we provide you with a glossary of terms.
Qualified & Experienced Advisors
The advisors at London Residentials Limited are authorised and regulated by the Financial Services Authority.
Adverse Credit – The overall cost for comparison is 7.6% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Self Certification – The overall cost for comparison is 6.5% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Right to Buy – The overall cost for comparison is 6.6% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.