As well as having the ability and in-house knowledge to source the most specialist mortgages, AdviserFinance has a wealth of experience in the mainstream mortgage market. Being whole of market allows our advisers to find the best possible deals for your clients purchase or remortgage on both a residential basis and buy to let.

For most people, a mortgage is their largest financial commitment and having the right support throughout the mortgage application process is the top of our agenda. We endeavour to understand your client’s goals and needs, ensuring they fully understand their new mortgage, are updated throughout the process and are happy with the terms of the loan.

We have strong relationships with account managers throughout the lending market and a unique understanding of their lending policies.

Purchase Mortgages

Purchasing a home, whether it be to relocate, buying a first home, moving home or downsizing, finding the right mortgage can be a minefield with the many lenders and hundreds of different products. With tight lending criteria and affordability checks in place by all lenders, AdviserFinance can help present your client’s case in the best possible light to the most appropriate lender, ensuring all the lender’s packaging requirements are met first time to speed the process up.

Remortgages

A remortgage is essentially a new loan to replace your current mortgage, often taking place at the end of a fixed rate period, in order to secure a new deal and to avoid falling on to the lender’s standard variable rate (which in most cases is a much higher rate). A remortgage can also be used to raise additional funds for the following reasons:

• Home improvements
• Debt consolidation
• Gifting children monies for house deposit
• Raising money to purchase an investment property
• Family holiday … and much more …

Why choose it?

Your client requires one of the following:

• Residential – Your client is buying a property to live in as their main residence
• Remortgage – Your client wants to remain in their property and remortgage to obtain a better interest rate or to borrow more money
• Buy-to-let – Your clients are buying a property to rent out to someone else as an investment and/or to earn an income or perhaps want to remortgage a current investment property
• Let-to-buy – Your clients want to remortgage their current property on a buy to let basis releasing a deposit for their new residential home
• Shared Ownership – Your client is purchasing less than 100% of the property, perhaps through a housing association
• Help to buy/shared equity – Your client would like to purchase a new build and utilise the governments help to buy loan scheme
• Guarantor – A parent or close family member of your client guarantees the mortgage so if the buyer misses any repayments the guarantor will cover them
• Concessionary Purchases – Your client is purchasing a property where the deposit is gifted equity

Adviserloan can offer a range of products, here are a few:

• Fixed Rate
• Variable Rate
• Discount
• Tracker
• Capped rate
• Offset Mortgages

Different mortgages often have different benefits including free valuations, free legal service, no early repayment charges, no product fees, over payment facilities and much more. We will endeavour to find a product that suits your clients needs alongside the required benefits if applicable.

Criteria

Each lender has its own lending criteria but generally you will need to:

• Be over the age of 18
• Provide proof of identity and address
• Provide proof of income in the form of Accounts, Bank Statements and/or Payslips
• Have some kind of deposit (Max LTV is usually 95%)
• Subject to credit score
• Maximum 40 year term (depending on lender and age)