Services explained

Residential
Residential mortgages are loans specifically for purchasing a home to live in. These mortgages are typically repaid over a term of 25 to 35 years, with the property itself serving as collateral. Various types of residential mortgages are available, including fixed-rate, variable-rate, and tracker mortgages, each with different interest rates and repayment structures.

Commercial
Commercial mortgages are loans used to buy or refinance property intended for business purposes. This could include offices, retail spaces, warehouses, or other commercial properties. These mortgages usually have higher interest rates and shorter terms compared to residential mortgages. They are often used by businesses looking to expand or invest in property.
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Bridging Finance
Bridging finance is a short-term loan designed to provide immediate funds while waiting for longer-term financing. It's commonly used to bridge the gap between the purchase of a new property and the sale of an existing one. These loans typically last from a few weeks to a couple of years and have higher interest rates due to their short-term nature.

Buy to Let
Buy-to-let mortgages are intended for those purchasing property to rent out to tenants. These mortgages usually require a larger deposit (typically 25% or more) and are assessed based on the expected rental income rather than just the borrower's personal income. Landlords use these mortgages to generate rental income and potentially capital growth.

First Time Buyer
First-time buyer mortgages are tailored for individuals buying their first home. These mortgages often come with special incentives, such as lower deposits or reduced fees, to help new buyers get onto the property ladder. First-time buyers can also access various government schemes designed to make homeownership more affordable, such as Help to Buy.

Let to Buy
Let-to-buy mortgages allow homeowners to let out their existing property and purchase a new one. This is useful for those who want to move but keep their current home as an investment. It involves taking out a buy-to-let mortgage on the existing property and a residential mortgage on the new home.
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Help to Buy
Help to Buy is a government scheme that assists buyers with purchasing new-build homes. There are two main types: equity loans, where the government lends up to 20% (40% in London) of the property value, and shared ownership, where buyers purchase a share of the property and pay rent on the remaining part. These schemes are designed to make homeownership more accessible.

Shared Ownership
Shared ownership allows buyers to purchase a share of a property (usually between 25% and 75%) and pay rent on the remaining portion. This option is aimed at those who cannot afford to buy a property outright. Over time, buyers can increase their ownership share through a process called "staircasing."

Bad Credit
Bad credit mortgages are designed for individuals with poor or limited credit histories. These mortgages typically have higher interest rates and require larger deposits to offset the lender's risk. They provide an opportunity for those with adverse credit to still purchase a home, though terms may be less favorable than standard mortgages.

Self-build
Self Build mortgages are loans for individuals constructing their own home. Unlike standard mortgages, the funds are released in stages as the build progresses. This type of mortgage can be more complex, requiring detailed planning and budgeting, but it allows borrowers to create a bespoke home tailored to their needs.

Development Finance
Development finance is funding for property development projects. This could include residential, commercial, or mixed-use developments. Development finance is usually short-term and provided in stages, aligned with the completion of various phases of the project. It’s suitable for experienced developers and involves detailed planning and feasibility assessments.

Life Insurance
Life insurance in the UK provides a lump sum payment to your beneficiaries upon your death. This payment can help cover funeral costs, outstanding debts, and provide financial security for your family. Policies can be term-based (covering a specific period) or whole of life (covering the policyholder's entire life).

Income Protection
Income protection insurance in the UK pays out a regular income if you’re unable to work due to illness or injury. It typically covers a portion of your income (up to around 70%) until you can return to work, retire, or the policy term ends. This helps ensure you can manage your financial commitments during recovery.

Private Medical
Private medical insurance in the UK covers the cost of private healthcare, offering faster access to treatment and a wider choice of specialists compared to the NHS. It can cover a range of services including consultations, surgeries, hospital stays, and outpatient treatments, often reducing waiting times for procedures.

Critical Illness Cover
Critical illness cover in the UK provides a lump sum payment if you’re diagnosed with a specified serious illness, such as cancer, heart attack, or stroke. This payment can be used for any purpose, including covering medical costs, making home modifications, or compensating for lost income during your recovery.

Business Protection
Business protection insurance in the UK helps safeguard a company against financial loss if a key person, such as an owner or essential employee, dies or is diagnosed with a critical illness. Types of business protection include key person insurance, shareholder protection, and loan protection, ensuring business continuity during challenging times.

Building and Content Insurance
Building and content insurance in the UK covers your home and its contents. Building insurance protects the structure of your home, including walls, roof, and fixtures, against risks like fire, flood, or vandalism. Content insurance covers your personal belongings, such as furniture, electronics, and clothing, against theft, loss, or damage.

Family Income Benefit
Family income benefit in the UK is a type of life insurance that pays out a regular income to your family if you die during the policy term. Instead of a lump sum, this policy ensures your family receives a steady income for a predetermined period, helping them maintain their standard of living and cover ongoing expenses.

Whole of Life
Whole of life insurance in the UK provides lifelong cover, guaranteeing a pay-out to your beneficiaries whenever you pass away, as long as premiums are maintained. This type of policy is often used for estate planning, ensuring that your loved ones have financial support and can cover expenses like inheritance tax and funeral costs.