Our Mortgage Guide: 'The Essential Guide to Mortgages'...
- an essential online Mortgage Guide from Shire Direct!
our online Mortgage Guide - Page 1 of 14:
Welcome to the Essential Guide to Mortgages from Shire Direct! We've designed our Mortgage Guide to provide you with a clear and uncomplicated journey through the process of obtaining a mortgage - whether you are buying a property for the first time, moving home, or switching your present borrowings by remortgaging.
Hopefully the details that we've set out for you will provide you with all the information you'll need to make the appropriate decisions to help you select what will undoubtedly be the largest financial transaction you'll ever enter into!
An Introduction to our online Mortgage Guide...
So, before we get started and down to the nitty gritty, let's take a look at exactly what our online Mortgage Guide will cover.
We'll begin with a look at how the mortgage market place has evolved over the years to provide the modern homebuyer with a myriad of sophisticated mortgages of different shapes and sizes to accommodate tricky circumstances as well as less conventional borrowing situations.
We'll then take a look at things to bear in mind if you are buying your first house, as well as discuss some of the factors to be considered when buying a home, such as finding the right property in the right location, and the kind of things that you need to take into account and consider. We'll also discuss how to find the right mortgage for you and why its a good idea to approach a Mortgage Broker such as ourselves.
Then we go on to explore repaying your mortgage and how that works and also go on to discuss the various different mortgage products available.
The Mortgage Application process is next on the agenda where we'll explore the finer details of what's involved in the mortgage application process. We'll then discuss the different sorts of property valuation and which might be the best to opt for.
We'll then investigate the legal work involved in the mortgage procedure and the solicitors role in this aspect of the mortgage process.
We'll then look at the importance of arranging adequate and suitable protection to help protect your mortgage payments in the event that the unforeseen should happen, as well as the other types of insurances that may be necessary.
Finally, we'll wrap our guide up by looking at how Shire Direct can help arrange a Mortgage for you.
So, why not grab yourself a drink and put a few minutes aside to read our guide to what may be the largest financial transaction you'll ever be involved with - the mortgage!
NEXT: The mortgage marketplace ›
The overall cost for comparison is 9.8% APR.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Most customers are likely to receive a lower rate or the same rate as our overall cost for comparison rate - learn more about APR.
There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances.
For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
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.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
