Mortgages

Sept 2011 - Please note that Surrey Financial Advice do not currently advise on or arrange mortgages for the time being. The rest of this section is therefore for your information only. This situation may change in the near future if we decide to re-enter the mortgage market.

The Financial Services Authority (FSA) does not regulate some forms of mortgages.

Please note: Your property may be reposessed if you do not keep up repayments on your mortgage.

Mortgages - what you need to know

Not only do you need to consider which mortgage is best for you, you need to think about which interest rate options are most likely to suit your needs. These pages have information on the various types of mortgage available.

Our advice on mortgages follows the same route; The Best Advice Process

Remortgages

When you remortgage, you are switching your mortgage to another deal, and frequently, another lender. Remortgages can be used for various reasons. Most people simply switch mortgages because it will work out cheaper for them.

Buy to Let Mortgages

Becoming a private landlord should not be seen as an easy way of making money. It can be riskier and more complicated. It can also be very time consuming, more than most forms of investment, and there is no guarantee that house prices will rise. That said, having a second property to let to tenants could reap considerable financial rewards over time.

First Time Buyers

Buying a house is one of the most important purchases you will make, and buying a home for the first time will be an even more daunting prospect. We should be able to provide some good general advice on things to consider as a first time buyer

Self Build Mortgages

The main difference between a self build mortgage and a house purchase mortgage is that with a self build mortgage money is released in stages as the build progresses rather than as a single amount.

Flexible Mortgages

A flexible mortgage is a product that can make the traditional British mortgage with its fixed and inflexible payment schedule over a fixed term, such as 25 years, look like a bit of a dinosaur.