Whether you are looking to purchase or remortgage, there are many lenders offering 1000’s of products at any one time.
At xpressmortgages, having assessed your needs we will search the whole of the market (excluding lenders direct deals) and will recommend the most suitable mortgage for you.
For many this means that we can look at the most competitive products being offered today, which will include some of the well known High Street Lenders. We will be looking to find you the very best interest rate. Lenders change their rates often and today’s best fixed rate may not be the best tomorrow.
There can often be exclusive products that we can offer you which may not be available on the High Street. Some headline rates from the lenders are not as good as they first seem, a very good interest rate can come along with a very high arrangement fee and may tie you in to the mortgage beyond the initial rate, this is known as an ‘overhang repayment charge’. xpressmortgages use their expertise to find the best overall product, taking all of this into account.
If you are looking for a mortgage or loan in excess of a million pound (High Net Worth mortgages) we can offer not only the high street banks but have access to specialist lenders and private banks; often these high value mortgages can be complex and specialist advise should be sought.
Lenders tend to offer a good deal for a certain period, say two years, after which time the mortgage will revert to a standard variable rate. Lenders offer various products which can include fixed rate, tracker rate, capped and discounted, some lenders offer a mix of these.
xpressmortgages will explain the different products to you. Once we have located the best overall product for you we will issue you with a mortgage illustration. We will go through this with you to explain our reasons for recommending this lender and product to ensure you understand it fully. Once you are happy to proceed, we can submit your application to the chosen lender taking care of all the paperwork for you.
xpressmortgages offer a regular review of your mortgage to ensure that you continue to have the best deal. We will contact you three months before your rate reverts to the standard variable rate to source the most suitable remortgage product for you.
For more information, please contact us.