(up to 95% of the value of the property)
This is a mortgage that is designed for you, or your dependents to live in, these mortgage’s are regulated by the financial conduct authority and are not designed for any form of commercial purposes i.e renting the property for financial gain.
Buy to let mortgages
(up to 85% of the value of the property)
As of 21st March 2016 the Financial Conduct Authority are implementing new regulation for firms arranging and advising on these types of mortgages.
Non regulated buy-to-let
Mortgage Taylors Ltd are authorised to give advice on all Buy to Let Mortgages
As an example this type of mortgage can be chosen freely as an interest only mortgage or a capital and interest mortgages (repayment), the mortgage company allows you to use the rental income to support a mortgage application and will consent to certain types of tenants to live at the security address.
Moving home is one of the most stressful things that we do.
The very start of the process is to determine how much we are able to borrow in order to go ‘house hunting’. Our advisors will happily talk to you in order to determine how much you are eligible to borrow.
There are many different lenders and products that are now available for people wishing to move home.
There are factors to consider including valuation fees, lender arrangement fees, stamp duty and legal fees.
We offer full advice and recommendation on all the above matters relating to your house move.
As a company we are used to dealing with the many different parties involved in the process of a home move. This includes liaising with estate agents, valuers, solicitors and mortgage lenders.
This takes all the stress from you and allows you to go on with your everyday life.
Your home may be repossessed if you do not keep up repayments on your mortgage.