Why Choose Residential Mortgage?
If you're looking to enter the residential property market, you need guidance to help you navigate your way past the pitfalls that many fall into. Whether you're a first time buyer or looking to remortgage, the Wealthmax team can find the ideal solution for your needs.
With so many options available, it can be very confusing and difficult to find the option that suits your circumstances and goals. However, with our experts by your side, we’ll be with you every step of the way to ensure you make the right decision when securing your new home.
What we Offer?
Whether you’re stepping onto the property ladder or moving home, our residential mortgages provide flexibility and guidance at every stage.
Fixed - Rate Mortgages
Offer stability with a set interest rate that remains unchanged, no matter what happens to prevailing mortgage rates.
Discount Mortgages
Offer a discount on the lender's standard variable rate for a set period, after which you're free to switch products.
Variable - Rate Mortgages
Interest rates fluctuate according to market conditions, and these mortgage products fluctuate with them.
Offset Mortgages
These mortgages allow you to offset savings against your mortgage balance to reduce interest payments.
Tracker Mortgages
These products are linked to the Bank of England's base rate and track its movements with a margin (typically 1%- 2%).
What are Benefits of Residential Mortgage?
Finding the right deal in residential mortgages is crucial, particularly as it's one of the biggest financial decisions you'll ever need to make. We have access to mortgages from all the major providers in the UK and we'll help you understand everything there is to know about your home loan. Here are just a few of the important aspects to consider.
Interest Rates
You'll encounter Fixed-rate, variable-rate, or tracker options that all offer different levels of stability and flexibility.
Loan Term
Shorter mortgage terms may mean higher monthly payments but lower overall interest costs.
Deposit Size
Larger deposits often result in better rates and lower monthly payments, as the amount being borrowed is lower.
Government Schemes
You can explore Help to Buy or shared ownership schemes for assistance with deposits.
Specialist Mortgages
There are also options for self-employed individuals or those with unique circumstances.
FAQs
Looking for Residential Mortgage?
Wealthmax is here to help. Our advisers are experienced in financing and have access to a wide range of mortgage options. Contact us today to discuss your mortgage requirements and secure the ideal financing solution.