Cheltenham Mortgage Advisers, Remortgages, Buy-To-Let
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Mortgages

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

First Time Buyers

Buying a house can be one of the most important and expensive purchases you will make. At Cheltenham Mortgage Advisers we know that buying a home for the first time can be an intimidating process with many questions to be answered. For example, How much can I borrow? What will the repayments be? What fees do I need to pay? We will talk you through the process step by step including the financial aspects of the buying process. We provide you with advice and find you the most suitable mortgage suited to your circumstances from the whole mortgage market.

Residential Purchases

Moving home can be a stressful experience – not least when trying to find and arrange the right mortgage for your needs. You may move to a bigger house and require additional funds or you may downsize and wish to lower your monthly repayments. At Cheltenham Mortgage Advisers we can offer an appointment to discuss all of the costs involved with moving home and explore all of your options to help you move stress free.

Residential Remortgages

Remortgaging is when you remain in your existing property and you move mortgage lender to either escape high or increasing variable rates, to save money or borrow additional funds. Cheltenham Mortgage Advisers can potentially save you money by researching the whole mortgage market to establish if changing lender is the most suitable option for your circumstances.

If required you may be able to borrow additional funds for home improvements, consolidating debts or perhaps to buy a second home or a property to let out – releasing equity in your home through a remortgage or further advance could be the solution. Cheltenham Mortgage Advisers can research the whole market to find the most suitable remortgage deal for your circumstances. Using our sourcing systems we can search the market for mortgage products with little or no costs involved for moving lenders, in comparison to your existing lenders products and criteria.

Business buy-to-let

A business buy to let mortgage is designed for landlords who want to buy or remortgage a property specifically to be let out. A landlord is defined as someone already renting out a property or getting a mortgage for the specific purpose of running a buy-to-let business. Cheltenham Mortgage Advisers has experience in these areas and can find the most suitable deal for your circumstances. We can also source mortgage products for: Student lets, Houses of Multiple Occupancy, and Buy To Let Portfolios.

Tax treatment varies according to individual circumstances and is subject to change.

Buy to let mortgages are not regulated by the Financial Conduct Authority.

Business buy-to-let (limited companies)

Some Landlords are now considering transferring existing rental properties into a company or acquiring new property within a company. Before doing so, landlords will need to consider the implications across a range of different taxes including, Capital gains tax, Stamp duty land tax (SDLT) and buildings transaction tax, Inheritance tax, Income tax & corporation tax, Annual Tax on Enveloped Dwellings (ATED).

Cheltenham Mortgage Advisers have experience in dealing with providers who offer solutions in this specialised area and whilst we cannot give tax advice, we can assist landlords with this type of mortgage.

Buy to let mortgages and tax planning are not regulated by the Financial Conduct Authority.

Consumer buy-to-let

A consumer BTL will need to meet similar criteria to those with a residential mortgage, so a lender will need to be satisfied that the clients can afford the loan. Examples are, anyone who may have inherited a property, parents purchasing a second property for their children to live in or someone who used to live in a house that they now rent out.

At Cheltenham Mortgage Advisers Ltd we understand the new rules around  BTL mortgages and can provide advice in this area.

Buy to let mortgages and tax planning are not regulated by the Financial Conduct Authority.

COMMERCIAL FINANCE/ BRIDGING LOANS SECURED LENDING/SECOND CHARGES

Whilst we do not provide advice in these areas, we have direct access to specialised brokers who we can refer this to on your behalf.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Call us today, to arrange a free initial consultation on 01242 211 610