Category: Managing your mortgage
5 Reasons to use a Mortgage Adviser
Posted by Mortgage Light 2 years ago
Let’s face it – the mortgage market can feel pretty daunting. If you don’t know exactly what you’re doing (and most people don’t), then all the different lenders, deals and jargon can make your head spin! This is exactly why mortgage advisers exist – it’s because mortgages can be complex and people need help navigating... Continue reading
Continue ReadingWhat is a Standard Variable Mortgage?
Posted by Mortgage Light 2 years ago
Read this postWhat Happens if I Can’t Pay my Mortgage?
Posted by Mortgage Light 2 years ago
Read this postDifferent Types of Mortgage
Posted by Mortgage Light 3 years ago
Read this postWhat is a Fixed-Rate Mortgage?
Posted by Mortgage Light 4 years ago
Read this postOur fee is payable upon mortgage application. The typical fee for a regulated mortgage is £495. However, for applications involving a poor credit history or loan amounts under £50,000, an additional fee of £150 will apply.
For existing customers, we offer a reduced fee of £250 for remortgages and £395 for purchases, with no charge for product transfers.
For buy-to-let mortgages, the fee is £595, and for limited company buy-to-lets, it is £695. Fees for commercial mortgages are determined by the nature of the finance and the loan structure, with a minimum charge of £1,000. Additional fees may apply.
We will receive commission from the lender in addition to the fees you pay. As with all insurance policies, conditions and exclusions will apply.
Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.
Covering Milton Keynes.
Registered Office: Mortgage Light Ltd, 15 High Street, Brackley, England, NN13 7DH. Registered Company Number: 8184773. Registered in England & Wales.
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