Independent
Mortgage Advice
Independent
Mortgage Advice
mortgage advice
Mortgage Advice in Brighton & Surrounding Areas
Buying a home is usually the largest single investment you’ll ever make.
There are also a huge number of mortgage types to choose from. Here’s an overview of some of the options. But if you’re thinking about taking out a mortgage, you should speak to one of our advisers.
I’m spending a year dead for tax reasons.
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If there is anyone to whom I owe money, I’m prepared to forget it if they are.
– Errol Flynn
No matter how rich you become, how famous or powerful, when you die the size of your funeral will still pretty much depend on the weather.
– Michael Pritchard
My problem lies in reconciling my gross habits with my net income.
– Errol Flynn
I have enough money to last me the rest of my live, unless I buy something.
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Meet the Team
Meet the Team
Choosing the right mortgage can be confusing and with a variety of mortgage options available on the market it can be difficult to find a deal that exactly matches your personal situation and your budget.
At Pembroke we have an experienced, professional team who will be delighted to help you find the right mortgage deal; complete and submit the mortgage documentation for you and then liaise with lenders, solicitors, agents onto exchange and then completion.
The vast majority of our business comes from our existing clients who refer their family and friends simply because of the excellent service and experience they have had with us themselves.
Jill Rickson, our Principal Mortgage Adviser, is justifiably proud of this and she and Tracy Brailsford strive to make sure that every client is 100% delighted with everything we do – the success of the team is reflected in the glowing testimonials they receive on a regular basis.
Attention to detail and mortgage market experience is what differentiates our team from the rest.
Our services & skills
- Our Charges
- Capital & Interest
- Interest Only Mortgages
- Flexible Mortgages
- Lifetime Mortgages
- Home Reversion Schemes
- Buy To Let
Our charges
Having a Mortgage Adviser through the whole process can come in really handy. And there are two different ways that you can pay for any work we do for you in connection with your mortgage.
Commission
Most mortgage providers will pay commission for introducing new business to them. This will simply be paid to us via your solicitor or licensed conveyancer once your mortgage has been completed. This is on top of any fee we may receive from the lender.
Please note that we’ll charge a fee of £250 as an abortive cost if the mortgage application is declined by the lender due to information not declared to us at the time of application, or if the mortgage doesn’t go to completion after the formal mortgage offer has been issued.
Hourly rate
If you’d prefer us to work on a fee basis, that’s fine. Our advice and administration time is charged on an hourly rate (charged in 15 minute units).
All fees and timescales will be agreed in advance by both parties.
The minimum fee which we’d charge for completing a mortgage will be £500, but this can be reviewed on a case by case basis.
Capital & Interest
This is the simplest type of mortgage, where the monthly payments go towards both the capital and the interest from the loan.
Your monthly repayments will be worked out depending on the length and amount of the loan, the interest rate and how the rate is set.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Interest Only Mortgages
These mortgages used to be known as ‘endowment mortgages’. With these, the lender only charges you interest on the loan you’ve agreed. And you don’t pay the capital back until the end of the mortgage.
Your monthly repayments will be worked out depending how the rate you’ve chosen is set. At the end of the loan, you’ll have to pay back the initial capital you borrowed in full by whatever means you have arranged – like an Endowment Policy or an ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Flexible Mortgages
This type of mortgage is becoming ever more popular. It offers the facility for both over and underpayments built into the loan. So you can overpay when your finances are looking good (if you get a pay rise or a bonus). And, underpay when finances are a bit tight (after, say, a job loss or change in circumstance).
If you keep overpaying, you’ll end up with a cash reserve. This can normally be drawn on for things like taking payment holidays or making large purchases. The amount you can withdraw is limited by the original sum of the loan. And, if you don’t withdraw anything, you can save a significant amount of interest over the life of the loan.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Lifetime Mortgages
This kind of mortgage lets you release money from the property you live in without having to make monthly repayments. They’re sometimes known as Equity Mortgages.
They’re normally restricted to clients aged 55 and over, and can play a crucial role in retirement funding.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Home Reversion Schemes
This involves selling a percentage of a property to a reversion company for a fixed amount. Homeowners will receive a certain amount of the value of the property sold depending on their age. When the property is sold, the reversion company receives the same percentage of the sale proceeds, which was originally borrowed against the value of the home.
To understand the features and risks of a Reversion scheme, it’s best to ask for a personalised illustration.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Buy to Let
There’s a huge range of options for Buy to Let Mortgage finance. These can suit everyone from experienced professional landlords, to someone considering this type of investment for the first time. For more information on Buy to Let Mortgages, please contact us.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Having a Mortgage Adviser through the whole process can come in really handy. And there are two different ways that you can pay for any work we do for you in connection with your mortgage.
Commission
Most mortgage providers will pay commission for introducing new business to them. This will simply be paid to us via your solicitor or licensed conveyancer once your mortgage has been completed. This is on top of any fee we may receive from the lender.
Please note that we’ll charge a fee of £250 as an abortive cost if the mortgage application is declined by the lender due to information not declared to us at the time of application, or if the mortgage doesn’t go to completion after the formal mortgage offer has been issued.
Hourly rate
If you’d prefer us to work on a fee basis, that’s fine. Our advice and administration time is charged on an hourly rate (charged in 15 minute units).
All fees and timescales will be agreed in advance by both parties.
The minimum fee which we’d charge for completing a mortgage will be £500, but this can be reviewed on a case by case basis.
This is the simplest type of mortgage, where the monthly payments go towards both the capital and the interest from the loan.
Your monthly repayments will be worked out depending on the length and amount of the loan, the interest rate and how the rate is set.
Your home may be repossessed if you do not keep up repayments on your mortgage.
These mortgages used to be known as ‘endowment mortgages’. With these, the lender only charges you interest on the loan you’ve agreed. And you don’t pay the capital back until the end of the mortgage.
Your monthly repayments will be worked out depending how the rate you’ve chosen is set. At the end of the loan, you’ll have to pay back the initial capital you borrowed in full by whatever means you have arranged – like an Endowment Policy or an ISA.
Your home may be repossessed if you do not keep up repayments on your mortgage.
This type of mortgage is becoming ever more popular. It offers the facility for both over and underpayments built into the loan. So you can overpay when your finances are looking good (if you get a pay rise or a bonus). And, underpay when finances are a bit tight (after, say, a job loss or change in circumstance).
If you keep overpaying, you’ll end up with a cash reserve. This can normally be drawn on for things like taking payment holidays or making large purchases. The amount you can withdraw is limited by the original sum of the loan. And, if you don’t withdraw anything, you can save a significant amount of interest over the life of the loan.
Your home may be repossessed if you do not keep up repayments on your mortgage.
This kind of mortgage lets you release money from the property you live in without having to make monthly repayments. They’re sometimes known as Equity Mortgages.
They’re normally restricted to clients aged 55 and over, and can play a crucial role in retirement funding.
Your home may be repossessed if you do not keep up repayments on your mortgage.
This involves selling a percentage of a property to a reversion company for a fixed amount. Homeowners will receive a certain amount of the value of the property sold depending on their age. When the property is sold, the reversion company receives the same percentage of the sale proceeds, which was originally borrowed against the value of the home.
To understand the features and risks of a Reversion scheme, it’s best to ask for a personalised illustration.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There’s a huge range of options for Buy to Let Mortgage finance. These can suit everyone from experienced professional landlords, to someone considering this type of investment for the first time. For more information on Buy to Let Mortgages, please contact us.
Your home may be repossessed if you do not keep up repayments on your mortgage.
