First Time Buyers (FTB):
Buying your first home can be a very exciting time, it’s also one of the most important purchases you will ever make so getting it right first time is important. We offer a comprehensive range of mortgages from across the market for the best deal for you, sometimes we can find you excellent incentives like free survey fees. We’ll help take the stress away from what can be a daunting prospect.
Purchasing:
The next step on the ladder can be as daunting as the first whether you are up or downsizing, moving because the family has expanded or looking for that move to a more rural setting our experienced mortgage advisers will guide you to the right mortgage for your needs.
Re-Mortgaging:
It’s important to make sure you are not paying too much on your current mortgage, many people slip into the lenders standard variable rate (SVR) without knowing. GGM can search for a new deal for you and we could end up saving you hundreds of pounds a month by simply re-mortgaging to a new lender. You may also want to raise some capital for home improvements, we’ll search for the right deal to suit your needs and requirements.
Buy-to-let and Let-to-buy (BTL & LTB):
Buying and using a property for investment purposes can be a very rewarding process if done correctly. Buy-to-let mortgages are different from standard mortgages though, and the amount of borrowing is assessed upon the expected rental income of the property you are looking to purchase (or using to purchase) rather than just your personal financial circumstances. In most cases you will also need a larger deposit, with most lenders not wishing to exceed a 75% loan to value, meaning you would require a minimum of 25% deposit.
Shared Ownership:
This can be a great way to get your foot on the property ladder. It involves an initial purchase of typically 25/50 or 75% of the total property value, the remaining section you don’t own you would be charged a rent for. You will have the opportunity to purchase the remaining percentage you don’t own at a later date.
Commercial Mortgages:
A commercial mortgage is in principle similar to a residential one. In both cases the lender will assess you to ensure that you have the means to repay the loan and assess the security offered to ensure that they will be able to repay your debt if it comes to repossession.
The two key differences are:
A commercial mortgage can be taken out in the name of a business or commercial property investor and is based on both the business of their tenants and the income of the borrower being able to maintain the commitment.
The security offered will either be used in its entirety for commercial business or contain a mixture of commercial and residential use.
Our Fees:
As we offer a bespoke service our charges can vary. The loan amount and the complexity of your individual circumstances will have a bearing on this.
We will provide you with a free initial consultation and we will always explain exactly what you will be charged before you choose to proceed with an application. Our fees apply to all regulated mortgages including Re-mortgaging and Buy to let mortgages, but not Product switches. Certain mortgages, primarily business buy to lets and commercial mortgages, are not regulated. Fees for non-regulated mortgages can vary depending on your requirements and circumstances.
The client fee doesn’t merely cover the administration of your loan application. It also covers our extensive research, our in-depth knowledge of the market and impartial mortgage advice you receive from us here at Go Green Mortgages.
To begin the process, we’ll need some basic information. So please message us via the contact page or give us a call.
Important: The information contained in this web site is an over view only, and not to be considered financial advice.