Choosing the right mortgage
The old saying "an Englishman’s home is his castle" is still just as relevant today with many people aspiring to own their own home. Whether you are looking to buy for the first time, the tenth time, or simply looking to remortgage we can provide independent mortgage advice to help find the right deal for you.
Through working with mortgage experts within the Vision network we are not tied to any one lender and can search the whole of the market to find the best available deal that suits your circumstances.
Company founder Andy Brown has moved house a few times himself and is familiar with all that a house move encompasses, from dealing with solicitors and surveyors, to arranging removal firms. He can help guide you through the process.
Which mortgage is best for you?
There are two types of mortgage; interest only and capital repayment.
If you take out an interest only mortgage then you need to have some sort of repayment vehicle running alongside it to repay the borrowing at the end of the term. This could be a pension or an investment. With this type of mortgage there are no guarantees that your repayment vehicle will be sufficient to repay the borrowing and therefore this approach is more risky.
Far more popular is a capital repayment mortgage, where you make repayments every month which reduce the outstanding balance on your mortgage. As long as you keep up repayments your mortgage is guaranteed to be repaid at the end of a fixed term.
Your home may be repossessed if you do not keep your mortgage payments up to date.
Fixed rates, variable rates, discounted rates, trackers. These are all terms you will hear when looking at mortgage options or moving home.
We can help you understand each and every option when it comes to mortgages and guide you through the process.
We can also provide the right advice around protecting the debt and ensuring you and your loved ones are not left with a potential liability if anything happens to adversely affect your plans.
LOCAL TO YOU
We are based in Trowbridge, Wiltshire and serve the local area including Bath, Frome, Warminster, Calne, Corsham, Westbury, Melksham, Devizes, Chippenham, Bradford on Avon and the surrounding villages.
Please note that Cornbrash Financial Planning do not provide mortgage advice ourselves. However, we work with mortgage experts within the Vision network who are able to provide you with independent mortgage advice.
The initial consultation is provided at no cost to you and we can use that time to explore what is important to you before making the appropriate referral.