Quality Mortgage Advice from The Hanley
At The Hanley we make it our goal to provide new and existing customers with the right 'Mortgage Solution' with quality mortgage advice. Our own products provide excellent value for money over the whole term of the mortgage.
Our mortgage advisers offer quality free mortgage advice to help you through the complicated mortgage maze. Our experienced advisers are fully qualified and with will work with you to offer you the best mortgage deal possible from a vast range of lenders.We also realise there is a vast range of mortgages available from a variety of sources and our own mortgage offers may not always be right for you, this is why we created our fee free Mortgage Advice Brokerage Service.
So whatever your personal mortgage requirements are maybe your a first time buyer, self-employed or maybe you've had bad credit problems in the past, our experienced team of Mortgage advisers are on hand to work hard on your behalf to ensure we get the best mortgage deal for you.
We also believe that the completion of your mortgage is the start and not the end of the process. We will continue to build our relationship with you over the term of your mortgage with annual reviews of your product.
If you would like to know more about our products and services please call us free 0800 542 8790 or complete a simple on-line Enquiry Form.
Mortgages became regulated by the Financial Services Authority on 31 October 2004. You are required to read the following documents prior to applying for a new mortgage with The Hanley.
You may also find useful an explanation of the key facts illustration (kfi) by the Financial Services Authority. A key facts illustration needs to be provided to you prior to applying for a mortgage at The Hanley.
What should I think about when choosing a mortgage?
There are literally hundreds of questions and answers to regarding the process of buying a house or re-mortgaging. Below are some general points you should think about. Please remember that The Hanley are here to help so just give us a call and we will help you achieve your mortgage goals.
To assist you to narrow down the search for your new mortgage, you should first decide which payment method best suits you. Whether it is to be a repayment, interest only or perhaps a flexible mortgage. To help you decide on the method most suitable for you, it would be sensible to take into account your attitude to risk . Only a repayment mortgage can guarantee, assuming all payments are maintained properly, that your debt will be repaid at the end of the original term.
Always shop around for the best rates, but be sure you are comparing like with like. To do this check the APR of the loan. You also need to bear in mind that the interest payments in respect of fixed rate mortgages can rise steeply once the initial 'fixed' period ends. Therefore your planning should always include the possibility of sharp changes to future interest payments. Use a mortgage calculator to check on the monthly repayments.
If you are intending to sell your home in the near future, check whether there are any redemption penalties attached to the deal or if your deal will allow you to take the product on to the next property.
Check what arrangement fees the lender charges and whether these are refundable should you decide not to proceed midway through the application process.
Check for additional costs such as indemnity premiums and buildings and contents insurance. Consider using a broker and taking independent financial advice, this site offers both, this can save you a lot of time checking the differences between the various lenders; it can also help clarify which mortgage package best suits your circumstances.
First Time Buyer or Moving Home?
Why not take a look at our free Homebuyers Guide its packed full of hints and tips to help you the home buying journey.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
