Mortgage Quotes & Advice Service

Adam Arnott, Head of Mortgages and Protection

Mortgage & Protection Specialists

Adam Arnott, Head of Mortgages & Protection

For independent mortgage quotes & advice call us on 0117 332 3389


See below for a selection of direct mortgage deals - Require independent help with your mortgage? complete our enquiry form »

Fixed Rate Mortgage Deal Selection - Call Direct
ProviderInitial RateTermTypeAPR*LTV 
1.43%
2 YearsFixed Rate 4.10%60%More Info >
  • Available to all customers
  • Fixed until 31 December 2016
  • Product fee of £1,995
  • Early repayment charges apply until 31/12/16
1.83%
2 YearsFixed Rate 4.10%75%More Info >
  • Available to all customers
  • Fixed until 31 December 2016
  • Product fee of £995
  • Early repayment charges apply until 31/12/16
1.99%
2 Years Fixed Rate3.70%70%More Info >
  • Call 0800 077 4336 to speak to the HSBC mortgage team
  • You can overpay up to 20% off your standard monthly payment
  • Fixed until 28 Feb 2017
  • Product fee of £999
  • Early repayment charges may apply
  • You can borrow up to £3,000,000
2.59%
2 YearsFixed Rate 3.90%75% to 80%More Info >
  • Call TSB direct on 0808 256 1991
  • If you are buying a home TSB will pay your council tax (offer applies to qualifying mortgage applications and proof of valid bill payment is required. One off Payment to a maximum of £2,500).
  • Available to all customers
  • Fixed until 30 Nov 2016
  • Product fee of £995
  • Early repayment charges apply until 30/11/16
*APR = Overall Cost for Comparison 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

2 Year Tracker Mortgages Selection
ProviderInitial RateTermTypeAPR*LTV 
1.49%
2 YearsTracker3.70%75%More Info >
  • Available to all customers
  • Fixed until 31 December 2016
  • No early repayment charges
  • Product fee of £1,189
*APR = Overall Cost for Comparison 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

Discount Rate Mortgage Deal Selection - Call Direct
ProviderInitial RateTermTypeAPR*LTV 
0.99%
2 YearsDiscount3.60%60%More Info >
  • Call 0800 077 4336 to speak to the HSBC mortgage team
  • You can overpay up to 20% off your standard monthly payment 
  • Product fee of £1999
  • Your monthly payments will go up and down as the HSBC Variable Rate rises and falls
  • Early repayment charges may apply
  • You can borrow up to £500,000
*APR = Overall Cost for Comparison 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

Help To Buy Mortgage Deal Selection - Call Direct
ProviderInitial RateTermTypeAPR*LTV 
4.79%
2 Years Fixed Rate Help To Buy Scheme4.20%95%More Info >
  • Call 0800 077 4336 to speak to the HSBC mortgage team
  • Available to first time buyers and home movers
  • Fixed until 31 October 2016
  • £99 up front booking fee
  • Property cannot be rented out
  • Early repayment charges apply until 31/10/16
4.75%
2 YearsFixed Rate 4.70%95%More Info >
  • Available to first time buyers and home movers 
  • Fixed until 31 December 2016
  • No arrangement fee
  • Early repayment charges apply until 31/12/16
5.29%
5 Years Fixed Rate Help To Buy Scheme4.60%95%More Info >
  • Call 0800 077 4336 to speak to the HSBC mortgage team
  • Available to first time buyers and home movers
  • Fixed until 28 Feb 2020
  • £99 up front booking fee
  • Property cannot be rented out
5.45%
5 YearsFixed Rate 5.00%95%More Info >
  • Available to first time buyers and home movers 
  • Fixed until 31 December 2019
  • No arrangement fee
  • Early repayment charges apply until 31/12/19
*APR = Overall Cost for Comparison 


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

Buy to Let Mortgage Deal Selection - Call Direct
ProviderInitial RateTermTypeAPR*LTV 
2.55%
2 YearsFixed Rate 5.4%60%More Info >
  • Available for buy to let
  • Fixed until 30 November 2016
  • Product fee of £2334
  • Early repayment charges apply until 30/11/16
3.75%
5 YearsFixed Rate 4.70%60%More Info >
  • Buy to Let only
  • Fixed until 31.12.2019
  • Minimum loan size £40,000
  • Arrangement fee of £995
4.09%
5 YearsFixed Rate 4.8%75%More Info >
  • Buy to Let only
  • Fixed until 31.12.2019
  • Minimum loan size £40,000
  • Arrangement fee of £995
*APR = Overall Cost for Comparison 


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker 

Independent Mortgage Quotes & Advice Service
Mortgage ServiceIndependent Mortgage AdviceMortgage Quotes Tailored to youFast Track ServiceMortgage Protection ReviewGet Quotes
YesYesYesYesMore Info >
  • Call 0845 241 5565 or 0117 332 3389 (from mobile)
  • Independent mortgage advice
  • Experienced administration support
  • Fast Track Service
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Our independent mortgage and protection service

"The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support. With the recent changes (long overdue) to the mortgage industry, the message from the Regulator and lenders to the UK public is to get professional advice".

 

As your mortgage is such an important transaction, good advice is imperative.

 

For independent advice click here or call us on 0117 332 3389.


Our mortgage service

How Much Can You Borrow?


It is very important that when considering a mortgage you work out how much you can afford.

 

While there is a greater onus on mortgage lenders to lend responsibly you will also need to consider what level of borrowing is appropriate for your circumstances.

 

Many mortgage deals have initial periods where preferential terms are offered and borrowing costs are lower than normal - when this discounted period ends make sure you can afford any reasonable increase that may kick in. In assessing affordability lenders will take into account your income and outgoings and your current employment history. In calculating disposable income your total income will be taken into account less other debts you may have and living expenses. The lender considering your mortgage application will have their own method of assessing affordability but it makes sense to do your own budgeting calculations to ensure the monthly repayment requirement is well within your budget.

 

In calculating how much you can borrow the lender will apply a maximum amount you can borrow called the loan to value of the property (LTV). E.g. If you are a first time buyer the lender may stipulate a LTV of 95% which means they are prepared to lend up to 95% of the value of the property (this will be assessed by the mortgage company's own appointed surveyor). In this scenario the first time buyer would be required to put down at least 5% towards the property purchase. The mortgage rate deals offered by a lender will be affected by the level of deposit that can be put down.

 

Generally speaking the higher the deposit that can be put down the better the mortgage rate can be achieved.

 

Types of Mortgage


You can choose to repay your mortgage in different ways:

  • Repayment Mortgage - With a repayment mortgage you pay off each month a proportion of interest and capital against the loan. At the end of the mortgage term your mortage is paid off. the advantage of this is the knowledge that your mortgage will be repaid at the mortgage end of term. The main drawback is that this type of mortgage is more expensive and in the early years as most of the repayment is interest there is little reduction in the mortgage owed.

  • Interest Only Mortgage - With an interest only mortgage you only pay off interest every month and so monthly repayments are lower. With this type of deal you have the flexibility of how you repay the mortgage off at the term end. If you wait until the term end to repay the mortgage the overall cost of borrowing will be higher compared to a repayment mortgage where capital is being repaid gradually over the term and therefore the interest in relation to the debt reduces.

 

Some lenders may not offer an interest only mortgage option depending on your circumstances and the mortgage you require.

Mortgage advice and quotes

 

Mortgage Fees


Buying a property can be an expensive exercise and it is important that you are aware of all the costs that come into play when buying your home. The costs relating to your mortgage will be set out clearly by the lender in what is known as the "Keyfacts" document provided to you. These costs may include:

 

  • Arrangement Fee - Charged by the lender to cover the administration costs of processing your mortgage. This will vary from deal to deal. You normally have the option of adding this fee to your mortgage but this will increase your cost of borrowing over the mortgage term.

  • Mortgage broker Fee - If you have used a mortgage broker to help arrange your mortgage for you then a fee may be charged which will be outlined in your keyfacts document.

  • Mortgage Account Fee - Applied by the lender at outset when you first take out your mortgage to cover the set up and termination costs of your mortgage.

  • Valuation Fee - Charged by the lender to value your property in assessing the value for mortgage purposes.

  • Re-inspection fees - If a lender has required you to make agreed repairs to the property a re-inspection may be required

  • Higher lending charge - If you are borrowing a high loan to value the lender may decide they wish to insure the possibility that you may need to sell your home and this results in a loss.

  • Early redemption charges - If you pay off part or all of your mortgage earlier than expected the lender may charge you a fee - this will be covered in your keyfacts document.

  • Mortgage exit fee - Paid to your lender when you repay your mortgage.

  • Insurance costs - as part of your mortgage you may be encouraged to take out insurance either by a broker or the lender to cover buildings insurance and other optional insurance such as mortgage life insurance.

Top Ten Mortgage Tips for 2014


1. If you are unsure of your mortgage options seek mortgage advice from a FCA regulated independent mortgage broker.


2. Maximise the deposit you can put down on your property to benefit from the most competitive mortgage interest deals.


3. Read the Lender Mortgage key facts document carefully to understand the costs being applied by the lender.


4. Ensure that you are comfortable that mortgage repayments (whether repayment or interest only) fall within your budget.


5. Remember that mortgage discounts are temporary and borrowing rates may go up when the discount period ends.


6. If you are remortgaging ask your current lender what deal they can offer you as well as shopping around.


7. If you lender's valuation of your property is too low ask them to reconsider and provide supporting evidence from the sale price of other properties in your area.


8. For interest only mortgages ensure that you plan carefully how to pay off your mortgage and check at regular intervals that your repayment strategy is on track.


9. At the time of writing interest rates are at record lows. While borrowing is cheap now this situation may change so factor in a rise in interest rates into your budgeting calculations. Use our mortgage calculator to see how much you would pay on different levels of interest on a fixed loan amount or alternatively use our specialist compare mortgage deals website to help source the best deal for you.


10. Consider mortgage unemployment insurance in the event that you lose your job. This may provide useful breathing space in covering mortgage repayments while you look for a new job.

 

Mortgage advice and quotes

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker