Mortgages

One of the main financial decisions you will make will be which mortgage to choose. There are literally thousands of options available.

We provide mortgage and re-mortgage advice. Installed into our office we have a computer based mortgage information service which covers the whole of the marketplace which include building societies, banks, mortgage corporations and insurance companies. This is of considerable advantage to you, letting you choose from the many hundreds of mortgages in the marketplace. Also within the same system we can arrange re-mortgages, whereby you can change your mortgage lender to a more competitive lender with improved rates.

With the multitude of fixed rate, variable rate, discounted and tracker mortgages to choose from, including both commercial and residential lending, it can be confusing and time consuming choice to make. We are able to put you on the right path to finding the right mortgage. We specialise in the following types of mortgages.

Buy to Let
Residential
Equity Release
Self Build
Repayment/Interest Only

Mortgage providers will normally insist on some form of life insurance to effect the repayment in the event of the death of the borrower (or one of the borrowers in the case of a joint mortgage). This will be in the form of term assurance for interest only mortgages and decreasing term assurance for repayment mortgages.

You can choose how we are paid: pay a fee, usually 0.35% of the loan amount with commission rebated to you, or we can accept commission from the lender.

We normally charge an administration fee of up to £295 at outset and receive a fee from the lender, usually 0.35% of the mortgage amount. If the mortgage is a buy to let we generally receive 0.5%.

However, you do have the option to pay us a fee for mortgage advice and receive any commission which we are paid by the lender. If you choose this option, we estimate a fee of £495.

Your home may be repossessed if you do not keep up repayments on your mortgage
The FSA do not regulate Buy to Lets
This is a Lifetime mortgage. To understand the features and risks, ask for a personalised illustration

Contact Us

Call us today on: 01656 766561 or fill out our contact form for a promt response:

Important Information

The above information does not constitute financial advice from Candleston Financial Services Ltd or any of its representatives. Investment performance can go down as well as up. Past performance is no guarantee to future performance. Your home may be at risk if you do not keep up the repayments for any loans secured against it. All information is based upon our interpretation of current legislation and taxation which can change in the future. The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

This website is intended for investors over 18 years of age who are resident in the UK only. The website and the information contained therein should not be regarded as an offer or solicitation to conduct investment business in any jurisdiction other then the UK. These pages provide generic information about various aspects of financial services advice that we provide as well as possible areas of clients financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper investment advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Please contact us for tailored advice.

Candleston Financial Services Ltd is a member of First Class Financial Ltd which is an appointed representative of Mint Financial Services Limited which is authorised and regulated by The Financial Services Authority. Mint Financial Services Limited registered address is, Mint House,10 - 11 Gander Lane, Barlborough, Chesterfield, Derbyshire, S43 4PZ FSA Number 217742. Mint Financial Services Limited is entered on the FSA register http://www.fsa.gov.uk/register/ under reference 217742.