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Moving and Mortgages in Milton Keynes Report 2021

To celebrate Mortgage Light’s 10th anniversary in 2021, we have launched the first edition of ‘Mortgages and Moving in Milton Keynes’ – a report that shines a spotlight on the property market in our home town.

It’s been a difficult year – the pandemic has caused challenges personally and professionally for many people, although stamp duty holidays and mortgage guarantee schemes seem to have protected the property market so far. Our lifestyles have changed too; we need more access to green space, a study at home and we want to be nearer to family.

The report delves deeper into what all this has meant for home movers in Milton Keynes over the past 12 months. A series of articles, by the Mortgage Light team and other property professionals based in Milton Keynes, looks at market trends, popular home buying schemes and provides an outlook for the coming months, while our research findings reveal how people in Milton Keynes are feeling about their living situation in 2021.

We hope the report will provide insight, food for thought and most importantly, guidance and information for those who might be thinking about a home move this year.

Please take a look and let us know what you think by emailing us info@mortgagelight.co.uk.

Download Report

All of our brokers deal with the whole of the mortgage market. It doesn’t matter what the question or when you want to speak to us, we have brokers available on the phone or face to face seven days a week. Whether you are just thinking of buying a home and have no idea where to start, a seasoned investor or someone looking to better your current mortgage product, we are happy to help andchat over ideas free of charge.

So we can give you plain and simple advice we will run through some basic questions to help us tailor products to suit your needs. Upon us taking your application forward we will write to inform you that we have given you advice and give you a Key Facts Illustration breaking down the important elements of the product and the fees involved.

For us to take your application forward to a lender we charge an upfront administration fee of £495. For our returning customers looking to renew their mortgage product this fee reduces to £250. We also receive commission from the lender.

Our fee is payable on mortgage application. We charge up to 1% but our typical fee is £495 for all new residential applications, £645 for loan sizes of £50,000 or lower, and £695.00 for limited company buy to lets. However, with our existing customers our fee is reduced to £250 for a Remortgage or if we end up doing a product transfer we do not charge. 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. For commercial mortgages, our fees are subject to the nature of the finance and structure of the loan, with a minimum fee of £1000. Other 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.

Covering Milton Keynes.

Registered Office: Mortgage Light Ltd, 15 High Street, Brackley, England, NN13 7DH. Registered Company Number: 8184773. Registered in England & Wales.