Mortgages
Whether you’re a first time buyer, someone who’s looking to remortgage or thinking of a buy-to-let investment, we can help you secure the right mortgage for you.
Maybe you’re a sole trader, contractor or similar with a complex income. Or perhaps you've got adverse credit and are struggling to get a good deal. No problem!
We are here to remove the headaches typically associated with complex income and adverse credit mortgages and help you secure the most appropriate deal possible.
Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority
First Time Buyer Mortgages
As a first time buyer, you're undoubtedly excited to get a foot on the property ladder. But securing your first mortgage can be daunting and rushing in will likely leave you wishing you'd taken a little more time to ask the right questions.
Luckily, we're here to help. Our experienced, professional advisers have assisted lots of people in your position and what a position it is! As a first time buyer, you can take advantage of some great deals. And we'll be by your side to guide you through the whole process, helping you understand every step along the way.
N.B. Your home maybe repossessed if you do not keep up repayments on your mortgage. Property values can fall as well as rise.
Credit Repair Mortgages
There still seems to be a misconception that mortgage providers won't lend to individuals with adverse credit. But the good news is that your past doesn't have to hinder your future.
The bottom line is that while a poor credit history will indeed limit your mortgage options, it doesn't necessarily mean you won't be able to secure the funds you need. If you've had arrears, defaults, CCJs, IVAs, suffered bankruptcy and/or been placed on a debt management plan, your dreams of purchasing your own property can still be realised.
N.B. Your home maybe repossessed if you do not keep up repayments on your mortgage. Property values can fall as well as rise.
Remortgage
Looking to switch mortgage providers and secure a better deal? Whether you're coming to the end of your current mortgage contract or you simply want to see if you can lower your monthly payments/interest rate by remortgaging, our experienced, professional advisers are here for you.
It's unlikely that what was once the best mortgage deal going (when you secured it) is still the top choice today. And as with any financial decision you make, there are a lot of factors to consider. So rather than remortgage and assume you're getting a good deal, partner with us and be 100% sure.
N.B. Your home maybe repossessed if you do not keep up repayments on your mortgage. Property values can fall as well as rise.
Buy-to-Let Mortgages
Investing in a buy-to-let property can provide a steady additional income and, let's face it, that's a pretty attractive proposition for most people. But buy-to-let mortgages aren't quite the same as traditional ones. That's because they are usually based on the property's expected rental income, not your income and often require a larger deposit to secure them.
Regardless of whether you're looking for a buy-to-let mortgage for the first time, or you're something of a seasoned landlord, we are here to provide you with the practical advice you need to make an informed decision.
N.B. Your home maybe repossessed if you do not keep up repayments on your mortgage. Property values can fall as well as rise. There is also no guarantee that your buy-to-let property will always be occupied by a tenant.
Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority
Self-build & Refurbishment Mortgages
Self-build mortgages are specifically designed for those who are looking to build their own homes. Refurbishment mortgages (both 'light' and 'heavy') are designed to provide you with the funds you need to add a new lease of life to an existing property.
Fortunately, we are highly experienced and knowledgeable with both, so you can rest assured you're in safe hands. Our professional advisers will take time understanding your personal needs and current circumstances so they can find the most appropriate self-build or refurbishment mortgage for your individual situation.
N.B. Your home maybe repossessed if you do not keep up repayments on your mortgage. Property values can fall as well as rise.
Lifetime Mortgages
A lifetime mortgage is a loan secured on your home which does not need to be repaid until you die or move into long-term care. There are some lifetime mortgages which give you the option of making regular or ad hoc payments of interest.
Unlike some other types of Equity Release scheme, your home still belongs to you but you are obliged to repay the loan when certain conditions are met – death, moving into long-term care or if the terms of the mortgage are broken.
You can take a lump sum or you can withdraw funds in stages. Interest is paid on this amount on an on-going basis or the interest can be ‘rolled up’ and paid together when the loan is repaid.
The loan is repaid from the proceeds of your home when sold. If there is any surplus from the sale it would be available to your beneficiaries or estate. If the value of the property is lower than the loan and interest which as accrued it is usual to have agreed a ‘no-negative-equity’ guarantee with the lender so that you would not have to pay back the value of your home
N.B. Lifetime Mortgages are considered high-risk products. They could have significant implications when it comes to tax, benefits, inheritance and long-term financial planning.
Equity Release/Lifetime Mortgages: This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
The Financial Conduct Authority does not regulate tax planning or inheritance tax planning.
Large Loans
JLS Mortgages has extensive experience in the large loans market and understands the needs of borrowers in this area.
This can be for residential borrowing for your own home, for buy to let investment or for commercial funding. The contacts we have within the industry also have great knowledge of how these loans work.
Not all services are provided directly by JLS Mortgages Ltd and may be referred to one of our trusted partners for this advice and neither JLS Mortgages Ltd or The Right Mortgage Ltd are responsible for the advice received.
Commercial Mortgages are not regulated by the Financial Conduct Authority
Head Office: Windsor House, Station Court, Station Road, Great Shelford, Cambridge, CB22 5NE. JLS Mortgages Ltd is registered in England and Wales with company number 05898748.
There may be a fee for mortgage advice of up to 1% of the mortgage amount. The actual amount payable will depend on individual circumstances. A typical fee payable is £395. You will be advised at an early stage if a fee is payable and the amount. Commercial Mortgages and some types of Buy to Let mortgages are not regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Third party links – you will depart from the regulated site of JLS Mortgages who are not responsible for the accuracy or the content within the non-regulated site
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.
JLS Mortgages Ltd is an Appointed Representative of The Right Mortgage Limited which is authorised and regulated by the Financial Conduct Authority, FCA Register Number 649443.
