A mortgage is a loan taken out to buy property or land. Most run for 25 years but the term can be shorter or longer. The loan is secured against the value of your home until it’s paid off. If you can’t keep up your repayments, the lender can repossess (take back) your home and sell it so they get their money back.
Fixed-Rate Mortgages: These have a fixed interest rate for an agreed period, so you know exactly what you’ll pay each month.
Variable-Rate Mortgages: These have an interest rate that can change, typically in line with the Bank of England base rate.
Tracker Mortgages: The interest rate tracks another rate (usually the Bank of England’s) and will increase or decrease accordingly.
Discount Mortgages: These offer a discount off the lender’s standard variable rate (SVR) for a certain period.
Offset Mortgages: Your savings are used to offset against the amount of the mortgage, reducing the amount of interest you pay.
Expert Guidance: Our experienced mortgage advisers guide you through every step, from application to completion.
Tailored Solutions: We offer customised mortgage solutions to fit your financial situation and goals.
Competitive Rates: We negotiate the best rates on your behalf, ensuring you get the best deal possible.
With access to over 90 Banks and Building Societies and over 12,000 Mortgage Products we are able to offer a whole of market suite of Mortgages to suit your individual needs.
We’re also able to advise and recommend the right Protection Plan for you and your family to have complete peace of mind.
Equity release is a way of unlocking the value of your property and turning it into a lump sum or regular income. It’s typically available to homeowners over the age of 55 and allows you to access money tied up in your home without having to sell it.
Lifetime Mortgage: You borrow money secured against your home. The loan is usually repaid when the last borrower dies or moves into long-term care.
Home Reversion Plan: You sell part or all of your home to a home reversion provider in return for a lump sum or regular payments, retaining the right to live in the property rent-free.
Financial Freedom: Access the funds needed for retirement, home improvements, or other expenses.
No Monthly Repayments: Typically, you don’t have to make any repayments until the end of the plan (although interest can roll up over time).
Stay in Your Home: Retain the right to live in your home for the rest of your life or until you move into long-term care.
Equity release can be a complex decision and it’s important to get expert advice to determine if it’s right for you. Our advisors can help you understand the implications, including how it may affect your estate and inheritance.
Specialist Advice: Our team specialises in equity release and can offer clear, straightforward advice.
Transparent Process: We ensure you understand every step of the process and the implications involved.
Personalised Support: Tailored solutions to meet your specific needs and financial situation.
Whether you’re considering a mortgage to purchase a new home or looking to release equity from your current property, we’re here to help. Contact us today for a no-obligation consultation and take the first step towards securing your financial future.
Take control of your financial future today with our comprehensive mortgage and equity release services. We’re here to guide you every step of the way.
The information and/or guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
Your home may be repossessed if you do not keep up repayments on your mortgage. Some forms of Buy to Let Mortgages are not regulated by the Financial Conduct Authority. A fee may be charged for mortgage advice. The exact amount will depend on your circumstance
ADAIR Financial Solutions is a trading name of Vantage Lifetime Ltd who are an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Vantage Lifetime Ltd registered address: 20-22 Wenlock Road, London, England, N1 7GU. Registered in England and Wales. Company no 13772007. FCA number 989288
© 2024 adairfs.co.uk
All Rights Reserved by ADAIRFS
