What are the possibilities?
As with all our Advice the answer to this is tailor made for you. Understanding your circumstances. Understanding your needs.
You are likely to have heard about fixed rates, trackers interest only.
You might be looking to remortgage. Downsizing or needing that extra bedroom. What would this mortgage mean to you? Finding out the “why” means we can find the right solution that bests suits you. Its a big decision and we want to make sure we take as much stress away from it as possible.
To get you in the house that is to become your home. Give you those extra funds for the new man cave on the wish list. Or simply give you peace of mind that you can plan for the future – understanding how much your mortgage will be, for how long, and how it will be paid off.
Your property may be repossessed if you do not keep up repayments on your mortgage
Buy To Let
You may be looking to branch out and buy an additional home for rental income. Exciting but can be stressful as there is no guarantee of the continued income.
We want to make sure we do all we can to ease that worry and find the right rate and solution for you.
Most buy to let mortgage are not regulated by financial conduct authority
Equity Release
Your home is a great asset and you’ve worked hard to pay off that mortgage – but you find yourself in a situation where having access to the value tied in up in your home would be helpful.
The good news is that this is possible and if you are over 55 years old there are options we can explore to make your retirement even more enjoyable.
A lifetime mortgage is not suitable for everyone and may affect your entitlement to means tested benefits, so it is important to seek financial advice before taking any action. If you are considering releasing equity from your home, you should consider all options available before equity release.
The interest that may be accrued over the long term with a Lifetime Mortgage, may mean it is not the cheapest solution. As interest is charged on both the original loan and the interest that has been added, the amount you owe will increase over time, reducing the equity left in your home and the value of any inheritance, potentially to nothing.
Although the final decision is yours, you are encouraged to discuss your plans with your family and beneficiaries, as a Lifetime Mortgage could have an impact on any potential inheritance. We would also encourage you to invite them to join any meetings with your Financial Adviser so they can ask questions and join in the decision, as we believe it is better to discuss your decision with them before you go ahead.
Mortgage Capacity Report
This is an additional service we offer to help bring clarity of your likely borrowing capacity if you are in the process of a divorce or separation
Each in depth and detailed report will be tailored to your individual circumstances and scenario.
Mike’s knowledge of finance and wealth management is incredible – and what’s more, he’s the kindest, most caring guy you could ever meet.
Sophie P
From the outset, my wife and I felt very comfortable that our requirements were being understood and actioned. The information and detail were expertly explained and we both feel at ease with our financial affairs going forward. This is due to Michael and his team. Thank you!
Roger T
Mike explains very clearly what is going on and is happy to explain again if I don’t understand something.
Chris M
Get In Touch
We would love to get to know you and see how we can help.
Get In Touch
We would love to get to know you and see how we can help.
Parkway Consulting,
Pure Offices, Plato Close,
Tachbrook Park
Leamington Spa
CV34 6WE
