Mortgages
For Pharmacists and Locum Pharmacists, buying residential property or commercial business premises can be a complex and stressful proposition at the best of times. Where required, arranging appropriate mortgage facilities is but a part of that, albeit a very important part.
Through a combination of modern technology and personal knowledge & expertise Warr & Co Independent Financial Advisers can source a mortgage that truly reflects your personal circumstances from the whole market place. Their comprehensive database is updated daily, providing lender interest rates / products as they are launched.
Unless specifically stated or requested they will provide advice and a recommendation as to which mortgage is most suitable for your individual circumstances.
What can they do for you?
Explain the house buying process – Particularly for first time buyers, the process of buying your own home can be considered a daunting affair. Together with your solicitor, they can advise and ‘hold your hand’ along each step of the way.
Free informal assessment and preparatory research – From this they can provide you with an initial idea of rates and terms based upon your individual circumstances. This will allow you to determine the feasibility of a prospective transaction, be it a purchase or remortgage.
Obtain an agreement or decision in principle – Often new build developers or estate agents require this to determine the solidity of your offer on a property and consequently your ability to progress further. The production of this can sometimes strengthen your position against competing purchasers. This can also be of particular benefit to first time buyers to instil confidence that they can take that first step on to the property ladder.
Complete paperwork – The value of this is often under-estimated, particularly when you consider the daunting prospect that are most lenders’ mortgage applications. They can arrange a meeting if required, thus assisting with the ‘packaging’ of the application, which can often be crucial to it’s likely acceptance.
Explain their ‘reasons why’ they have recommended a mortgage – They provide a bespoke report together with a Key Facts Illustration (KFI). The latter details the particulars of the mortgage and the report outlines why specifically it was recommended. They undertake to do this on all mortgage recommendations, thus providing you with complete clarity in the mortgage process.
Manage the application – They monitor and manage the application from the point of submission through to formal underwriting, instruction and obtaining of selected valuation and preparation of a satisfactory formal offer of mortgage advance.
Relationship liaison – where required and with your permission they will liaise with your vendor’s Estate Agent and your appointed Solicitor to keep all interested parties abreast of progress.
They can source mortgage facilities for a broad range of requirements, whether it be a main residential purchase or remortgage, personal / corporate investment property purchase or remortgage or personal / corporate commercial property purchase or remortgage.
Please feel free to contact Warr & Co Independent Financial Advisers (Consumer Credit License No. 646110) to discuss your mortgage requirements.
All mortgages are secured against property. Think carefully before securing debt against your home or other property. Your property may be repossessed if you do not keep up repayments on your mortgage.
The Financial Services Authority does not regulate some forms of commercial mortgages, buy to let mortgages, overseas mortgages, property development finance, new business funding, unsecured and secured loans and bridging finance.
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