Fineholm Financial Services
Fineholm Financial Services are Independent Financial Advisors who specialise in
the mortgage market. We source and arrange the most suitable mortgage on your behalf
with access to every UK lender, therefore you have the whole market place at your
disposal.
We provide impartial advice, recommendations and access to the mortgage that best
suits your individual requirements.
You can choose the most suitable mortgage to meet your needs in the following areas:
Mortgages
There are so many different types of mortgages on the market that it is easy to
become confused or make the wrong decision. You may be tempted to opt for the product
offering the lowest rate of interest but this is not always the best option, as
there are many important variables to consider.
Before considering your mortgage requirements, it is important to look at the best
ways to finance your mortgage in relation to your circumstances. Rather than go
to one lender you can use our expertise and knowledge to secure a mortgage appropriate
to your needs.
At Fineholm Financial Services we use a mortgage sourcing system that is updated
on a daily basis, giving you access to over 125 lenders, offering over 20,000 different
mortgage products. Giving you choice in your mortgage.
We offer a service that is completely impartial based on your own individual requirements.
This means establishing a one to one relationship with you. Mortgages and the administration
process can at times be complicated. Our job is to make the mortgage application
process and administration run as smoothly as possible and take the hassle away.
Mortgage Guide
Buying a house can be a stressful period in anyones life, we aim to make the process
of obtaining the finance for your dream home simple. We know from experience that
no one likes to talk about their mortgage options if they don’t understand what
is on offer. That’s why we have put together a simple guide to the types of mortgages
on offer and the costs that are involved in moving house. This will hopefully make
you feel at ease when talking through your options with us.
At Fineholm Financial Services we are able to advise you on the following:
- First Time Buyers
- 100% + mortgages
- Remortgages
- Buy to Let mortgages
- Self Certification mortgages
- Adverse/subprime mortgages
- Offset mortgages
- Flexible mortgages
- Student mortgages
First Time Buyer
The UK are a nation of homeowners and we all have to start somewhere. At Fineholm,
we will help source the mortgage, arrange the legal service and arrange any surveys
for you.
Typically, first time buyers will have to provide a 5% deposit for the purchase
of their first property. If you provide a 5% deposit then you will generally receive
a more competitive rate. If you do not have a deposit, do not worry, there are lenders
who will give you 100% and some up to 125% of the valuation of the property, but
these will be offered at a higher rate.
Since the launch of the Buy to Let market in 1996, the market has continually grown
and is still proving very popular as more people invest in property.
Investors see this market as a medium to long-term opportunity for profitable returns,
and as a way of securing finance for their retirement. Whether you are thinking
of becoming a landlord for the first time, or wishing to increase or review your
portfolio of properties, we offer a comprehensive advice on all factors relating
to the buy-to-let market.
With access to a wide range of Buy to Let Mortgages, which includes many exclusives,
we can offer more solutions to suit your needs.
If you are interested in becoming a landlord, wish to raise finance on an existing
investment property or wish to rent out your current home in order to purchase a
new one, we can help in the following areas:
- Adverse credit considered.
- No proof of income required.
- Mortgages up to 90% of the property value.
- Lending based on achievable rental income.
Self Certification
Self certification is for people who have sufficient income to afford a choice of
mortgages but can’t prove some or all of their declared earnings. Applicants must
certify their declared annual income level.
The key feature of self certification mortgages is that the borrower does not have
to give the lender proof of income, you just declare your earnings, which the lender
may accept. Self certified mortgages are designed for people who are self employed
and those who may be employees with unpredictable income. For example those in seasonal
jobs, people working on a succession of short term contracts and sales people who
receive high proportion of their income through commission.
Why Remortgage?
You can raise cash for any purpose. Credit card interest is typically 18% APR. Personal
loans 9% . Mortgage interest rates are around 5.5%. By remortgaging you can drastically
reduce your monthly outgoings.
In previous times it was standard practice to take out a mortgage with a lender
and remain with that lender throughout the term of your mortgage. However in today’s
competitive market the customer has the freedom to switch lenders. Remortgages can
be completed easily and quickly. The cost may be relatively small, however the savings
can be significant.
Sub Prime/Adverse Mortgages
It may be that you have experienced financial difficulties in the past and therefore
you may think that this would mean you are unable to secure a mortgage. However
this is no longer the case, with research shown that one in four people have experienced
problems in getting a mortgage, many through no fault of their own. At Fineholm
we have a wide range of lenders within the Sub Prime/Adverse market that can provide
the right solution.
We can provide an individual solution for you, even if you have had the following
problems:-
- County court judgements or defaults
- mortgage or rent arrears
- poor credit rating
- no proof of income
- self employed
- short employment history
- an individual voluntary arrangement
- bankruptcy
WRITTEN DETAILS AVAILABLE ON REQUEST. TERMS AND CONDITIONS APPLY. THINK CAREFULLY
BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU
DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.