Life & Health Cover Investments & Savings Corporate & Auto Enrolment Retirement, Wills & Trusts

We have been giving mortgage advice to clients for over 25 years with 90% of our business coming from recommendations.  

In our initial consultation we will fully assess your needs and complete a fact find.  We can then provide you with tailored quotes from the whole of the market as we are not tied to any one institution.  We research the best mortgage or re-mortgage deals based on your circumstances rather than just looking at the best mortgage rate.  We will complete the mortgage application and liaise with your solicitor, estate agent and the lender ensuring a timely mortgage offer.  We assist you up to completion and then review your mortgage annually.  When your product is coming to an end we will contact you to advise you of the best new deals.


For Landlords - Equity Release

A unique way of releasing equity from your investment property by way of a loan which has NO MONTHLY INTEREST OR CAPITAL REPAYMENTS.

 

      Maximum borrowing of 20% of the property value available

 Only available on properties let to a maximum of 4 tenants

 No disruption to the existing mortgage

 No monthly interest or capital repayments

 Maximum 10 year term

 Interest charge is maximum of 40% of any increase in the property value upon repayment of the loan.

 

Releasing equity in this way is an excellent method of funding another buy to let purchase without effecting your cash flow and can also be used for any other purpose. If you’d like to obtain further information on this unique scheme then please contact us.

Home

A fee may sometimes be charged for arranging a mortgage.  The amount of which will be confirmed in writing prior to the application.  The average fee when charged is between £250 and £350 dependant on your circumstances and is refundable if we are unable to obtain a mortgage for you in line with the terms quoted.

Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.  

Wallace Nichols are authorised and regulated by the Financial Conduct Authority No. 226348

T

Mortgages