Mortgages

As many as 320,000 UK adults have been pushed into poverty by soaring mortgage costs

It said some households were paying thousands of pounds more in additional mortgage payments, in a development that was likely to have driven up poverty rates among mortgagors by 1.4 percentage points between December 2021 and December 2023.

Our Services

Get in touch with a mortgage adviser

There are more than 3000 different mortgage options available on the open market.

With Variable Rate, Fixed Rate, Flexible, Offset, Capped Rate, Discounted Rate, Stepped Rate and Cash Back options to choose from, finding the right mortgage can feel like navigating a minefield. It’s all too easy to be deceived by low headline rates of interest, too, when there may be other charges hidden in the fine print. Our specialist mortgage advisers take a weight off your shoulders by offering transparent, informed advice and sourcing the best deals for you from the open market. We are often able to provide access to exclusive deals that are not directly available from lenders.With our comprehensive end-to-end process, we do all the hard work on your behalf including overseeing the underwriting process to ensure that the finance is in place for all parties (lawyers, lender and yourself) and the correct documentation filed at the right time. With our support, you can rest assured that your mortgage process will be a smooth one and that we will consider all the factors to discover the best solution for your circumstances.

Finding the Right Mortgage

With upwards of 150 independent lenders in the UK marketplace and more providers and products than ever before, the mortgage landscape is a complex one.As buying a property may be the most substantial single purchase you will ever make, it’s essential to choose the right mortgage provider and product type for your circumstances. Our experienced advisers will assist you with expert, informed guidance on all aspects of the mortgage process.
We will:

  1. Determine the mortgage type and features that best suit your requirements, potentially saving you thousands of pounds;

  2. Offer independent advice for residential, commercial, non-standard, guarantor, overseas, buy to let and foreign currency mortgages;

  3. Source the most effective market deals and competitive rates;

  4. Arrange a trouble-free re-mortgage if you need additional capital or to save money;

  5. Provide full assistance in adverse circumstances – e.g. if you have experienced financial problems, been turned down by a lender or are unable to provide full income details.

Whether you are looking to buy a property, reduce your monthly repayments or raise additional capital, we can help you make an informed decision.

DISCLAIMER Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Equity Release Mortgages

Equity release represents a very attractive prospect for investors who wish to borrow money against the value of their home without having to sell the property in its entirety.We offer access to a range of plans that facilitate the unlocking of equity from your main residence, including Lifetime Mortgages, Home Reversion and Income Plans. Funds can be used to improve your financial situation with debt usually repaid from the property sale proceeds after death.Our equity release specialists will:

  1. Help you to understand whether equity release is suitable for you;

  2. Source the most suitable option for your circumstances;

  3. Offer key examples of how the funds can be used, e.g. to enhance your standard of living in retirement or reduce inheritance tax liability on your estate;

  4. Explain the full financial implications and your rights and restrictions with an equity release contract;

  5. Determine whether tax applies on your equity release funds (usually such funds are tax-free; however, if funds are invested there may be tax to pay on any income or growth generated).

The nature of equity release also makes it a great opportunity if you do not have a family to inherit your assets and wish to use the funds to improve your lifestyle.

DISCLAIMER This is a lifetime mortgage (home reversion scheme). To understand the features and risks, ask for a personal illustration.

Mortgage-Related Insurance

Choosing to take out a mortgage on a residential property is a huge financial decision. That is why we always recommend that you consider investing in insurance to protect you, your family and your home against adverse circumstances.Our specialist mortgage advisers will provide access to the best deals on the market and consider all relevant factors to help you discover the perfect mortgage-related insurance for your circumstances.Your insurance policy will work to:

  1. Protect your asset and minimise the risk of property repossession or falling behind with your monthly payments;

  2. Provide protection in the event of serious illness or death;

  3. Create a contingency plan should you be unable to work due to redundancy;

  4. Ensure that you can maintain your mortgage payments in the event of long-term sickness.

Please refer to our protection section to learn more about the range of mortgage-related insurance products available and the unique benefits of every option.

Overseas Mortgages

If you are considering buying property abroad, it’s essential to hire a mortgage expert to help you navigate the process.With sourcing, borrowing and legal procedures invariably different in the foreign property market, there are a number of important questions that you need to answer before putting down a deposit or making a purchase.

Key Questions to Consider

  1. Are you paying the right price for the property?

  2. How are foreign property purchases financed?

  3. Is it beneficial to buy it in your own name or as a company asset?

  4. What are the tax implications of buying property abroad?

  5. Do you need a lawyer, surveyor or insurance broker?

  6. Who maintains the property when you are not there?

  7. In which currency should you buy the property?

  8. Is there any inherent risk involved with buying property abroad?

At Vintage Wealth, our mortgage specialists cover the domestic, national and international markets offering full guidance and support through what can often be a complex and lengthy process.We use our expert skills and experience to deal with all matters regarding your desired property in a timely manner, including potential planning issues, title ownership and exchange rate fluctuations.

Repaying a Mortgage

There are two ways to repay your mortgage: the capital and interest repayment route or the interest-only method.

Repayment Mortgage

Widely considered to be the safest choice, borrowers repay the interest and part of the capital every month and gradually reduce the total amount owed. Providing payments are maintained, the loan will be repaid in full at the end of the mortgage term.

Interest-Only Mortgage

With the interest-only options, monthly repayments are comprised solely of interest due to the lender. Arrangements will need to be made to ensure that the capital can be repaid in full at the end of the mortgage term. Many borrowers choose to set funds aside or arrange an investment contract. This is a more speculative method of repayment that relies on the investment return to meet its target.

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

Looking for a commercial mortage?

Enquire directly to enquire about a commercal mortgage