INDEPENDENT MORTGAGE ADVICE

Active Mortgage Advice is based in London & Brighton. We provide independent mortgage advice on mortgages and remortgages to first time buyers, home owners and buy-to-let investors in London, Brighton and throughout the UK.
At Active Mortgage Advice we do much more than broker cost-effective mortgages on your behalf.
We'll search the whole market and find you the mortgage that best suits your particular situation.
We'll take time to understand your circumstances and plans for the future and explain, in plain English, the pros and cons of different mortgage options and how they could affect you.
We'll fit around your lifestyle and manage your mortgage application through to completion.
We won't forget about you. If you choose we can provide you with a regular mortgage review to ensure you're still getting the best possible deal.
We're independent and we'll put your interests first. We don't favour particular products or lenders. We'll recommend the mortgage that we think will work best for you.
We are members of the Sesame Network of Independent Financial Advisors. This gives us access to the whole mortgage market, including deals not available to individuals.








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REMORTGAGE

In recent years the remortgage market has boomed, as savvy borrowers know that they can save money by moving their mortgage to a new lender or by renegotiating their current deal.

As the remortgage market has developed, lenders have started to offer attractive incentives like reduced legal and arrangement fees or even no fees at all. These incentive packages are particularly attractive for borrowers with mortgages less than £150,000.


You can remortgage for other reasons: if you have owned your home for a number of years a remortgage could release equity, giving you cash for other things like home improvements and holidays. Your personal circumstances could also change: a rise in income may lead you to consider paying off your mortgage more quickly; removing or reducing uncertainty about changes to your monthly repayments could become important. A remortgage can help here too.

How Active Mortgage Advice can help

If you are currently paying your lender's standard variable rate or coming to the end of your tied-in period, it’s very likely that we could save you a significant amount of money.

As independent mortgage advisers we have access to deals from across the whole market. We will look at your current mortgage arrangements, talk through your reasons for a remortgage and identify the deals that best suit your particular circumstances. Even if your current deal carries early repayment charges a remortgage could still save you money in the long run.

We won't recommend a remortgage unless it's the most cost-effective thing for you to do. Staying with your existing lender and renegotiating your deal will not incur any of the legal expenses or other costs, so we will always consider this option when calculating what offers you the best value for money

BUY TO LET

In the last decade more and more people have got involved in the buy to let market. Property can offer a good income and is seen as a good way to finance retirement.

Interest rates are higher than for homebuyer mortgages and lenders generally require larger deposits: typically between 15-25% of the property's value.

As competition in this market has increased, choice has increased and there are lots of fixed rate, discount and other special offers available.

Lenders take different approaches when assessing buy to let mortgages but most will require the rent of the property to more than cover the mortgage. A monthly rent equivalent to 125% of the monthly mortgage payment is typical.

Higher house prices have brought lower rental yields - annual rental income expressed as a percentage of the property's value - and interest rate increases have also made life more difficult for buy to let investors.

How Active Mortgage Advice can help
We can source competitive buy to let mortgages both for landlords with extensive property portfolios as well as people with one rental property.

We specialise in mortgages for properties with low rental yields. This kind of deal is particularly useful if you intend to renovate, with a view to increasing rental and resale value. Some lenders are now offering products that only require 100% rental cover or even no rental cover. We can also find you deals which require only a 13% deposit.

We help larger-scale investors by sourcing portfolio mortgages which enable financing to be spread across several properties on the basis of average rather than individual rental yield.