MORTGAGES
Welcome to The Property Circle Mortgage Division, where we make the process of obtaining a
mortgage simple.
TYPES OF FUNDING WE OFFER
Residential Mortgages
We will help you find a mortgage best suited to your needs. Whether it's your first home, you're moving home or you're coming to the end of your fixed rate, we have a product ready for your requirements.
Buy To Let Mortgages
If you're looking to invest your money into property, whether it's in your personal name or a limited company, we have a vast array of lenders at our fingertips with great products to suit your investment path.
Commerical Mortgages
If you have secured a commercial or semi commercial property, we are here to help finance it. We will choose from a vast range of lenders to offer you the most suitable mortgage product.
Refinance/Remortgage
If you are looking to replace your existing mortgage due to your fixed term coming to an end or simply just changing lender for a more competitive interest rate, or whether you are looking to borrow money against your property, we are here to help.
Bridging Finance
Bridging is a great way to purchase a property with a quick completion in mind, or if the property is not mortgageable. At a slightly higher interest rate due to the nature of the loan, bridging is the way forward for a property requiring renovation.
Development Finance
Development finance is a short term funding product that provides an agreed amount of money to assist with the refurbishment of a property. We will use your criteria to find the best suited product to you.
THINGS TO CONSIDER
Credit Score
When taking out a mortgage, your credit is a huge contributing factor as to whether the lender will be willing to lend to you. Keeping on top of your monthly payments is imperative and will help to avoid issues throughout the application process.
Affordability
As a potential borrower, Lenders will carry out an affordably check on you to ensure you can afford to keep up with the monthly mortgage repayments. They will take into account your earnings and your out goings to ensure you have enough money to meet the payments.
The Property
Lenders will do their own due diligence on the property, including a valuation, whether that be an in person site visit, or a desk top valuation. This is simply to ensure the property is worth what you are purchasing it for. This will determine how much the lenders are willing to lend against the property and what 'loan to value' percentage they will offer.