Mortgage advisers to help you find the right deal
With so many options to consider, choosing a mortgage can seem a daunting prospect.
We offer mortgage advice on the following areas:
- First time buyer mortgages
- Moving home
- Capital raising
- Debt consolidation
- Buy to let mortgages
- Equity release mortgages
- Commercial lending
Why come to us for mortgage advice?
When you choose a mortgage your choice is usually between a repayment mortgage and an interest only mortgage. Not only that, you will also be able to choose between a huge number of lenders, fee options, fixed interest rates and variable interest rate products such as trackers and discounts. Make the wrong decision and it could literally cost you thousands.
At Gibbons Wealth Management we have access to the whole of the market and use the latest software to find you the right mortgage deal.
Specialist mortgage advice
As well as normal residential mortgages we can provide more specialist advice on the following areas:
Buy to let mortgages
This is a form of residential property investment where you buy a property, usually with the aid of a mortgage, and rent it out to generate an income. The amount of rent you receive each month will usually need to be more than your monthly mortgage interest amount. So for example, if your mortgage interest is £400 per month the rental income would generally need to be at least £500 per month.
Equity release mortgages
This is a specialist type of mortgage, usually designed to run for the rest of your life and available to people aged over 55 who want to release equity tied up in their property. You borrow money, secured against the value of your home, to give you a lump sum or a regular income. Importantly you continue to own your own home. The loan is usually repaid when you sell your property or following death.
This is for businesses wishing to raise funds secured against commercial property. The number of lenders that deal in these kinds of mortgages is quite limited and very often specialist research needs to be carried out to find the most suitable mortgage.
Speak to an independent mortgage adviser in Cumbria
A quick call to arrange a meeting with one of our independent mortgage advisers will ensure you select the right product for your needs. Not only that, we’ll take care of the paperwork too and deal with the mortgage company on your behalf, taking the stress out of your mortgage application. Contact us »