Do you have a new addition to the family? Want to move home? Need more space? Or just looking to move up the property ladder?
Journey Mortgages is here to help. We can help you with securing a mortgage for your dream home or just upscaling to accommodate a growing family. We have a host of new mortgage products, and, as an independent broker, we can find and offer you competitive mortgage and interest rates that are available in the market.
As a seasoned broker, we have secured mortgages for customers across the country, with a variety of reputable lenders. We partner with the biggest names in the mortgage industry and, because we are regulated by the FCA (Financial Conduct Authority), you can rest assured that you are in safe hands.
We understand that finding the right mortgage product is just as important as finding the right home. We can guide you through the process so that you have the right options to suit your need. As an independent broker, we do not have massive overheads or restrictive predesigned rates – so we can negotiate lower interest rates, thus enabling you to spend more of your hard-earned cash on enjoying your new home.
Would you like to learn more about new mortgages?
Journey Mortgages is here to help and guide you along the way in finding your next home. We have access to a comprehensive mortgage market, and can source competitive mortgage products for your new needs. We are on hand to assist. As an independent mortgage broker we have access to comprehensive mortgage and insurance markets, giving competitive options and prices across both residential and commercial products.
Generally No. When you move home, the equity built up in your current home will be used as the deposit in order to purchase the new property. If there isn’t enough equity in the property, then you will need to put more capital down.
Yes you can. There are many different options available, you can get a new mortgage altogether and pay of your existing one, where you would incur early repayment charges (ERCs), or we could look to port (move) the mortgage onto the new property, with any shortfall being met with a further advance, if the lender permits its. If the ERCs are too much, then we can port the mortgage over to the new property, with the shortfall being met with a 2nd charge mortgage.
If you move home, you will of course need to update your home insurance requirements, to reflect your new home. With regards to protection, we work closely with all our clients to ensure that they have the correct level of protection insurance, annually. So, if you move home and end up taking a bigger mortgage, rest assured we will arrange the adequate level of protection insurance for you.
Yes you can. There are many lenders that are offering mortgages into retirement to help those over the age of 60. Also, there are Equity Release schemes available that will assist, if conventional mortgages do not work.
The term of your mortgage will depend upon a number of factors. The most important is affordability. We will work with you to find the best mortgage, specific to your needs, whilst ensuring that it will be affordable throughout the duration of the mortgage.