Fast forward with a range of bespoke financial services
If your client is seeking funds for a residential property, then look no further than the home of property finance. We’ve got one of the widest ranges of mortgage products available.
What is a residential mortgage?
A residential mortgage is often the biggest financial commitment anyone can make. This type of loan is used to purchase or maintain a home, land or other type of real estate, with the borrower agreeing to pay the lender over time. The property then serves as collateral to secure the loan.
As such, mortgages generally fall into two categories: fixed-rate deals (which guarantee the rate for a set number of years), and variable rate deals (where the rate can go up or down depending on economic conditions).
Types of residential mortgages
- Fixed-rate mortgages
- Tracker mortgages
- Discount mortgages
- Standard-variable-rate (SVR) mortgages
What are the key criteria for mortgage eligibility?
Mortgage lenders will usually take into account a number of important considerations before offering finance, such as:
- The client’s income
- Their outgoings
- Their age
- Previous credit
- The value of the property
We provide Brokers with a range of mortgage finance options, from a panel of leading lenders that includes high street names, building societies and specialist funders.
As well as giving you access to the intermediary market, we also offer some exclusive and semi exclusive products. And as our panel of lenders expands, we are determined to ensure that our mortgage services continually reflect the changing demands of your clients.