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Tel: 01132 694224

Email: andrew.blackburn@openwork.uk.com

Mortgages

A mortgage is likely to be the single largest financial commitment you ever make. There's a wide range of mortgage products out there, with varying interest rates and repayment options available.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Our fee for this service is £350 or 0.5% of the loan amount, if greater. Typically this will be £350.


An offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it.
Remortgaging means switching your mortgage to another deal with another lender without moving property.
Second charge loans can be secured against residential or Buy to Let properties.
These are mortgages suited to people building a new home. With a self build mortgage, money is released in stages as the build progresses.
A bridging loan is taken out to ‘bridge’ the gap between the purchase of a new property and the sale of an existing one.
These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
Before you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs.
Equity release can help people release cash (equity) in their homes for a particular purpose, like supplementing retirement income.
People buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
With options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.

Personal Finance

Sadly, all the incredible offers will end at midnight tonight
A NatWest branch in South Kensington, London, went as far as to place a large, red lamp in front of the poster it had fixed to the wall (pictured).
Average savings rates have increased for the first time in seven years, according to the latest analysis.
New online service Look After My Bills claims it can take the hassle out of changing energy provider and save hundreds of pounds in the process.
Ellie Longbone, 22, is an aspiring midwife. She lives with her partner Liam and they are saving to buy a house.