Buying a house is one of the biggest investments you will ever make.
Whether you’re purchasing your first home, moving to a larger space or considering a second home or holiday home, buying a home is both a financial goal and a major life event.
We can help you find a mortgage that is best suited to your budget and needs. There are different types of mortgages available and the main types are shown below:
Capital and interest or repayment mortgages
Capital and interest or repayment mortgages have monthly payments that include not only the interest due on the loan, but also bits of the capital balance. This continues until the loan is fully repaid and the home is yours.
Interest-only mortgages
Interest-only mortgages do not include any capital repayment. There are different rate choices:
Fixed Rates
Fixed rates are where you agree to fix at the same rate of interest for a set period.
Tracker and Variable
Tracker and variable mean the rate can change owing to influences such as the Bank of England base rate.
“I was introduced to Harwin in 1998 when he was working at a local firm. Since that time, Harwin guided my father and I through difficult financial times giving sound, sensible and unbiased advice on many aspects of monetary matters. In 2005, he invested a lump sum for me and after only a year, the investment made a healthy return. In 2014 Harwin sought a new mortgage deal for me which saved me approximately £1,200 per year. He is a trustworthy, focused and well established financial adviser who has a deep knowledge and understanding of the current financial market, which enables him to seek and find the best deal for his customers.” Alona Baird Harrogate
