Crystal Clear Mortgage Solutions

read moreHere at Crystal Clear Mortgage Solutions we offer a comprehensive range of mortgage products from across the market for first charge mortgages only. We do not offer deals that you can only obtain by going direct to a lender. The lenders we offer mortgages from is available as an appendix which we attach with our Important Information About Our Services document which will be provided at the first meeting. This means we have no ties or allegiances to any specific mortgage lender and will endeavour to find a suitable solution for your needs, circumstances and preferences.

read moreThe prospect of buying your first home could be both daunting and confusing. Our aim is to guide you through the transaction from start to finish so that you understand exactly what the purchase entails and how much it will cost. We can recommend the services of local solicitors to assist in this process. This maybe the largest financial transaction you are ever likely to make so it must be done with clarity. Prior to the credit crunch, the property market moved very fast which led to significant increases in property prices.

read moreYour monthly payments represent only the interest due to the lender, and do not include repayment of capital. Lenders require evidence that a customer will have in place a clear, credible repayment strategy and that the repayment strategy has the potential to repay the capital borrowed. Repayment strategies may include deposits or investment product(s), pension(s), periodic repayment of capital from irregular sources of income (i.e. Where the repayment of capital is an investment, the investment runs alongside the mortgage but is separate from it, the cost should be taken into account when calculating the overall costs of the mortgage arrangement.

read moreRemortgaging is the process of switching your existing mortgage to another mortgage lender, usually to lower the amount you're paying on your mortgage. You are not obliged to stick with your original lender for the full mortgage term, and you can move to another lender at any time to get a lower interest rate - you don't have to be buying a new home. Remortgaging could save you hundreds or even thousands of pounds over the term of the mortgage. It is important to note that early repayment charges may be applied by the existing lender.

read moreBuy-to-let (BTL) mortgages are specifically for individuals who wish to buy residential property which they intend renting to tenants. Although a BTL mortgage is similar in a number of respects to a standard residential mortgage, there are some significant differences between the two. Most banks and building societies (and some other financial institutions) offer BTL mortgages, but terms, conditions and costs vary enormously. Some mortgage providers will not lend to individuals who are under 25 years of age or earn less than 25,000 a year.