Quick Mortgages From A Brand You Can Trust
We Are Moving To A New Home
About Quick Mortgages
There are so many mortgage options out there these days that it can often be mind-blowing when it comes to deciding which avenue to go down and which option to pick.
We are often blinded by technical jargon that nobody understands and this ultimately leads people to enter into mortgage deals that they know very little about.
Our advice is simple. Make sure you understand everything in your mortgage contract before you sign up to anything. If there’s anything you don’t understand, you are advised to check with the bank or building society that you are dealing with and then get further advice from independent bodies.
This may sound ridiculously over the top, but it is vitally important that you know what you are signing up for.
Before any mortgage deal is entered into, you are advised to make sure you have assessed all options and are convinced and certain that you are entering into the best deal around. It should also be a deal that best suits your circumstances. This is easy to do. Comparison sites are normally the best tool for this as you can select and input your personal and current circumstances into the online form, and deals will come up that are directly linked to your current situation.
Mortgage calculators are also a good tool to utilise. They basically help you gauge just how much you can practically and realistically afford to borrow, and they will also give a clear indication as to what this will cost you per month in repayments. You can also play about with different repayment methods and establish which would be the cheapest repayment option for you.
A mortgage is something that will follow you around for the rest of your life, so it is something that should be treated with respect and is something that you should be extremely knowledgeable about.
Due to the fact that a mortgage is something that is extremely costly on a monthly basis, many people try to pay more than the agreed repayment whenever they can. This is a wise move as it reduces the amount you owe quicker, but it is vitally important that you are aware that some lenders do not allow overpayments.
This is an example of why mortgage contracts shouldn’t be entered into lightly. Only when you understand the complete ins and outs of the mortgage deal, should you sign on the dotted line.
Quick Mortgage FAQs
Why have you decided to launch mortgages on a new site?
This was a last minute decision. We were presented with the opportunity to purchase the domain name QuickMortgages.co.uk. It makes sense for us to split the businesses, one site for Loans and another for Mortgages.
It means a short delay in launching (August 2019) but it will be well worth it in the long run.
Are you the people behind SelfCert?
With the UK leaving the EU, it makes those products no longer possible unless passporting agreements can be made between an independent United Kingdom and the European Union.
Technically we could still provide them, the rules haven't changed, but we don't want to bring a product that may only be available for a few months. Like many, we wish they would just sort out what is happening - deal or no deal.
Offering interest only or repayment mortgages?
In short, the answer is yes. There will be both interest only and repayment mortgages available.
We want to provide mortgages for those that can't get help from other providers.
Maximum Age For Mortgage Applicants
The decision to exclude borrowers on grounds of age is scandalous. Politicians should have told the FCA to keep their noses out of this market. They've shut down viable avenues for people to stay in their homes and it made us quite angry to hear some of the stories.
We will do as much as we can, but we don't want to assume the reputation of some kind of dodgy outfit that arranges mortgages for vulnerable people who then lose money or their home for whatever reason.