Mortgages
For most people, your home will be the largest single investment you will ever make, so making the wrong decision can become a very expensive mistake. Taking the wrong mortgage can end up costing thousands extra over the lifetime of the loan, and what appears to be the cheapest on day one will not always prove to be so over an extended period of time.
Furthermore, to add to the confusion, there are now a bewildering number of mortgage types available to select from. We've written an overview of some of these in the accompanying pages, but to make a truly informed decision, call us on 0845 634 5902 and ask for an appointment with one of our advisers.
Your home may be repossessed if you do not keep up repayments on your mortgage
A fee maybe charged on completion of the mortgage which can be added to the amount borrowed. Please ask for a personalised illustration. The fee is only payable on legal completion of the mortgage. Our typical fee is £395
We will also be paid commission from the lender. We may receive a referral fee from the solicitor.
The actual fee will depend upon your circumstances. Paying off short term loans and credit cards with a mortgage could cost you more over the long term. Early repayment charges may apply.
Quit claim deed is about transferring one's share of interest in the property to another individual. Although the interest is transferred, but no warranty is made on the rights. Visit mortgagefit.com for more information and guidance about the proper procedure.