Types of Mortgages
You’ll come across a few mortgage types on your journey, and while they all have the same outcome – you paying the lender back for your home – they all have different features.
Guides
Guides
Choosing the right mortgage will help you buy a home and could save you thousands of pounds, which is why we have put together our quick guides to get you started...
Types of Mortgages
You’ll come across a few mortgage types on your journey, and while they all have the same outcome – you paying the lender back for your home – they all have different features.
Home Buying Timeline
There are so many steps to securing your new home that it can feel impossible to get to grips with everything. Here's our step by step guide...
Remortgaging
There are plenty of reasons why you might want to remortgage, and they usually involve getting a better deal. The most common reasons to remortgage are:
Buy to Let mortgages
Buy to Let mortgages are exactly what they sound like: they allow you to buy a property, but instead of living in it you’ll rent it out
Shared Ownership
If you don’t think you can afford a mortgage but you’re still keen to get on the property ladder, the government’s Help to Buy: Shared Ownership scheme might be be the ideal solution.
Life Insurance
Try as we might, we can’t control everything in life. That’s where insurance comes in. The right cover can protect you when things don’t go to plan, letting you sleep easy at night.
Buildings Insurance
Buildings insurance should cover every part of your home. That means fences, sheds, garages and conservatories will fall under your cover, as well as things like pipes and drains.
What you need for your mortgage application
Even if you haven’t found your ideal home and made an offer yet, it can be helpful to get your paperwork together ready for when you make your mortgage application.
Call us on 0330 818 0080
Your Scout broker will help you choose the right mortgage and insurance by searching thousands of deals from over 90 lenders. All for one lifetime service fee, no matter how many times you move.
Because we play by the book we want to tell you that…
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is £549.