Mortgage Options
At KR Mortgages, we can advise you on the best mortgage option for you. Our services can be tailored for mover’s, first time buyers and those looking for low cost housing.
First Time Buyers
For first time buyers, purchasing a home can be a daunting experience, especially when it comes to raising the finances for deposits and fees. Unfortunately 100% mortgages are difficult to secure at the moment so other avenues may need to be explored to obtain the mortgage you require.
A popular option is the guarantor route, whereby a parent or relative either applies along with the applicant or provides a guarantee.
Whatever your situation, at KR Mortgages, we can provide you with all the information you need so you are aware of all the options available to you and can choose the most suitable.
A popular option is the guarantor route, whereby a parent or relative either applies along with the applicant or provides a guarantee.
Whatever your situation, at KR Mortgages, we can provide you with all the information you need so you are aware of all the options available to you and can choose the most suitable.
Movers
Moving home can be a stressful experience. That’s why, at KR Mortgages, our aim is to eliminate as much stress as possible by doing all the hard work for you. We will review both your current mortgage and the whole of the market to decide the best way forward for you.
We take into account factors such as your deposit and any fees payable in order to present you with the most suitable solution.
We take into account factors such as your deposit and any fees payable in order to present you with the most suitable solution.
Low Cost Housing
Now that lenders are restricting the amount they are willing to lend, especially to first time buyers, local authorities and building companies are introducing more and more schemes to assist with the purchase.
At KR Mortgages, we have access to all the lenders offering such schemes, including shared ownership or shared equity options and the latest Government initiative.
At KR Mortgages, we have access to all the lenders offering such schemes, including shared ownership or shared equity options and the latest Government initiative.
Mortgage Advice
As with all financial agreements an individual’s credit history dictates which lender will be happy to assist with a mortgage and the amount they are willing to lend. If you are unsure of your history you can obtain for a small cost a copy of your credit file from such companies as Experian or Equifax.
Outstanding credit commitments such as loans, HP and credit card balances are taken into account when a lender calculates the amount they are willing to lend so be prepared to have this information to hand when you start the mortgage process. With lenders offering different affordability calculations these commitments can determine who we would approach on your behalf.
Outstanding credit commitments such as loans, HP and credit card balances are taken into account when a lender calculates the amount they are willing to lend so be prepared to have this information to hand when you start the mortgage process. With lenders offering different affordability calculations these commitments can determine who we would approach on your behalf.