Christmas Quiz!

December 19, 2017 11:25 am

All work and no play makes Jack a dull boy…. How about a little Christmas quiz just for fun?!  Just click the link! Christmas Quiz – Questions Once you have finished, here are the answers! Enjoy! Christmas Quiz

Submitting a Mortgage Application

October 10, 2017 11:19 am

When submitting a mortgage application, each lender will have minimum ‘packaging’ requirements.  This basically means there will be a minimum number of documents they will need to see before they will consider placing your case in front of an underwriter. One of the documents a lender will always ask for is a bank statement.  With internet banking being on the increase, fewer of us are opting to receive postal copies of our statements which is causing delays when trying to process mortgage applications.  What many people don’t realise is that... View Article

The Mortgage Process

February 11, 2017 12:00 pm

Applying for a mortgage can be a fairly daunting process, especially if you are a first time buyer.  Whilst a mortgage broker can help to alleviate some of the stress by handling matters on your behalf, it’s only natural to want to feel as though you still have control.  By understanding exactly how the mortgage process works, you can feel like you have some of the control.  Let’s take a look at how the process works when using a mortgage broker. Step One In the first instance, your mortgage broker will... View Article

Self Employed Mortgage Applications

February 9, 2017 1:03 pm

We receive a lot of enquiries from self-employed customers who aren’t sure whether they are able to apply for a mortgage.  It might because they only have one year of accounts or it could be because their income can vary considerably from month-to-month and is quite difficult to prove. Self employed mortgage applications are more common than you might think.  It is often just the documentary ‘proof of income’ that differs with a self employed customer.  Whereas an employed customer will be able to present payslips and a P60, a... View Article

Who are Fresh Financial Consultants?

January 10, 2017 12:33 pm

I was recently having lunch with a friend and we were having a conversation about work.  To my surprise, my friend said to me ‘do you know what, I actually don’t know what you do!’.  So, for the benefit of my good friend and for anyone who might be reading, we are Fresh Financial Consultants Ltd and we are mortgage and protection brokers. Finance is not especially exciting so you cannot be blamed for scrolling over any Facebook posts or Instagram notifications where finance is the core subject.  I’ve been... View Article

Digital Mortgages by Atom Bank!

December 7, 2016 12:26 pm

We are pleased to announce that another new lender is available through us with immediate effect. Digital Mortgages by Atom Bank is the UK’s first app-based bank, a technology led lender with no branches. They have an innovative new approach to banking and mortgage lending with the objective of making things straight forward, personal, great value and customer focused. All the transactions take place online and customers will be required to have access to the associated app in order to complete the mortgage transaction. This further adds to our comprehensive... View Article

What is a Second Charge Mortgage?

November 30, 2016 10:45 am

Looking to raise capital? Is a second charge mortgage right for me? If you are looking to release equity from your property to complete home improvements, consolidate debt, buy a new car or even a second home a second mortgage could be an option for you. Second charge mortgages have improved over the years and offer an option to not disrupt your mortgage. What is a second charge mortgage? Second charge mortgages are sometimes known as secured loans. They are essentially second mortgages secured against your property. They can be... View Article

Should I review my Mortgage?

February 12, 2016 1:17 pm

Should I review my mortgage? One of the biggest expenses in most people’s lives is their mortgage, yet it’s one of the things that we review least of all. We all review our car insurance each year so why not review your mortgage? It’s surprising how some people remain on their lenders standard variable rate (SVR) for years after the initial promotional rate; this could cost thousands in unnecessary interest. You may even be able to take advantage of lower rates to reduce your mortgage term. For some it may... View Article

Expect the Unexpected with Life Insurance

July 6, 2015 12:44 pm

I don’t know about anyone else, but I recently made a claim for missold PPI (payment protection insurance).  Luckily, writing letters is something I quite enjoy doing so I took on the task of reclaiming my money myself.  It was actually quite easy.   My first PPI policy was ‘given’ to me when I took out my very first mortgage in 1998.  I was young with no financial background whatsoever so simply did as I was told!  It has become evident over the last few years that these policies were... View Article

Why Should I use a Mortgage Broker?

June 26, 2015 3:26 pm

With the fast evolving ‘online shopping’ experience, you might ask yourself ‘why would I bother using a mortgage broker when I can compare deals myself on the internet?’ Since April 2014, following the Mortgage Market Review, getting a mortgage has become rather more complex.  Lenders are required to be extra vigilant when assessing new applications and are asking detailed questions as part of their underwriting process.  Affordability remains a crucial factor. Meeting lenders criteria is also something often overlooked by borrowers.  Not understanding certain requirements could sometimes result in an... View Article