Mortgages
A mortgage is typically one of the biggest financial commitments you will ever commit to.
There are a number of ways in which you can obtain a mortgage, you can go direct to your bank and get recommendations based on the products they have to offer, it is important to note that they will only be able to advise on their products alone.
The benefit of working with BHV Finance is that we are a whole of market intermediary, this means we are able to advise and recommend on products that are available on the whole market.
First time buyer
Stepping foot on the property ladder for the first time can be a very daunting time, here at BHV Financial we pride ourselves in not only advising and arranging the most suitable mortgage but also guiding and assisting you throughout the entire house buying process.
Get in touch today to see what your options and next steps are.
Homemover
Moving homes can be the most stressful times from a mortgage standpoint alone, you will have various options specific to your circumstances and requirements.
During our initial consultation we will discuss all of your options, this can range from keeping the property as a rental, raising capital against it to use towards the deposit of the new purchase or selling to move.
Remortgaging
Remortgaging is when you are moving your mortgage from one lender to another, there are a number of reasons as to why you may do this ranging from being able to choose a cheaper rate to raising capital for home improvements or debt consolidation.
Whatever the circumstance we will assess your situation and advise on the best plan of action albeit the most cost effective.
Further advance
A Further Advance is when you apply to borrow additional funds from your current lender, this typically avoids any early repayment charges applicable if you are within a fixed period. Home improvements, purchasing a car, going on holiday or consolidating debts are common reasons why you may need a further advance.
It is important to note that the Further Advance may be on a separate interest rate and maturity date to your mortgage therefore it is crucial you seek advice.
Buy to let
Typically, a Buy to Let is purchased for investment purposes, fundamentally you will be buying it for the cashflow from the rental income or the anticipated capital appreciation of the property.
The Buy to Let lending market has evolved a great deal over the years, with more and more lenders entering the market it important that you seek advice from the outset.
Our ability to access the whole market allows us to advise and recommend on the following uses-
- Single let
- HMO
- Holiday homes
- Commercial investment (retail unit let to an operating business).
Whether you are looking to purchase using an LTD company (SPV – Special purpose vehicle) or in your individual name, the advice will be bespoke to your personal circumstances and requirements.
Our initial consultation is free of charge and has no obligations attached. If you wish to go ahead in arranging your mortgage through us, we may charge a fee which is typically £499.
On Buy to Let, our initial consultation is free of charge and has no obligations attached. If you wish to go ahead in arranging your mortgage through us, we may charge a fee of up to 1% of the loan amount. Some Buy to Let mortgages are not regulated by the Financial Conduct Authority.