Mortgages 

Arranging a mortgage can be challenging to even the most organised person, especially when you are in the process of buying, selling or both at the same time! How can you the buyer know best how to navigate through the maze of different mortgage deals and their associated rates, terms and costs to find the arrangement that is most suitable in your circumstances? In another other words, will the mortgage you choose take into consideration your income, type of employment (employed or self-employed), credit rating and other financial commitments?

The wise choice is to seek Independent Mortgage Advice to help you navigate through the Mortgage Maze thus alleviating much of the stress surrounding moving home. Aside from our general mortgage clients, Story Homes has also appointed David Allen Financial Management Ltd as its approved Independent Mortgage Broker for its clientele.

Five Steps To Arranging A Suitable Mortgage...

1... Work out how much it will cost to take out a mortgage. Include arrangement fees (up to about £1000 or more), valuation fees (could be from £200 - £500 depending on valuation) and solicitor's fees (around £450 per transaction). How much will your monthly repayments be, including the cost of any investment or insurance products?

2... If you are redeeming an existing mortgage you need to ask your existing lender to work out a redemption figure and whether any early redemption penalties apply.

3... Discuss with your adviser the type of mortgage deal that will suit your budget best, whether it is Fixed, capped, Variable, Discounted, Offset or Tracker.

4... Consider how your mortgage will be repaid at the end of the term. Will your mortgage be Capital and Interest (Repayment) or Interest Only?

5... How will you protect the security of your home in the event of unemployment or redundancy, sickness & accident, death or critical illness?

Why Use David Allen Financial Management Ltd?

David Allen is independent in the true sense of the word. Following an appointment arranged at your convenience, in the comfort of your own home, or in our offices, DAFMs qualified Mortgage Adviser can help you through the maze to discover the perfect mortgage for your individual circumstances from over 35000 different UK mortgage products from almost all lenders in the market.

David Allen Financial Management does not charge a fee for the mortgage advice it offers, but receives a procuration fee paid by the lender out of the normal charges applicable to the mortgage arrangement.

We can help you through the whole mortgage process from sourcing the best mortgage, obtaining a mortgage Approval in Principle, helping you to complete the application, mediating between you and the lender for smoother processing, right through to the receipt of your Mortgage Offer.

We will also liaise with your solicitor where necessary to ensure speedy completion. We can also help arrange the appropriate insurances to protect the security of your home. We will source the whole of the market to obtain the most competitively priced but comprehensive cover.

Your Home May Be Repossessed If You Do Not Keep Up Repayments on Your Mortgage or Any Other Loan Secured On It