Private client services: mortgages
Finding your way around the mortgage market is a challenge. With so many different products available, each with different advantages and disadvantages, how do you find the one that suits you best?
The experienced team of Independent Financial Advisers at our sister company, LRH Wealth Management Limited, will look at your personal and financial circumstances to assess which types of mortgage would best suit your needs. They will look in detail at what you can afford and how much you can borrow, based on your income and how you feel about risk.
Then, they can use their specialist software to search the mortgage market and select the products most appropriate for you.
Because our team takes a joined up approach to our clients’ financial affairs, where appropriate we can also look at ways to use your mortgage for tax planning.
For example, mortgages can play a useful role in inheritance tax planning and offer other tax-saving opportunities – for example, if you have substantial capital in your unincorporated business or a significant director’s loan account with your company.
There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but could typically be £1,000 – although it may be possible to offset some or all of this by way of a commission payment from the lender, if you decided to proceed with our recommendations.
To find out more about how we can help you, please contact us.
Your home may be repossessed if you do not keep up repayments on your mortgage.
