Mortgages

Whether you’re a first time buyer, a landlord or you’re looking to remortgage, we can source a competitive mortgage product that suits your needs.

At Personal Retirement Planning, we have access to the whole of market and compare deals from multiple lenders to find the most suitable and affordable mortgage for you.

What’s more, you won’t pay a penny until you have secured a mortgage offer!

Joe Manfredini

Senior Mortgage Adviser
joe@prpltd.co.uk
0208 066 5663

 

“From beginning to finish Joe was so helpful. recommend so much. Went the extra mile and got us the best rates on the market. Brilliant customer services too with the friendly team. Highly recommend” – Anthony Norman via Trustpilot

“My mortgage was a nightmare due to the bank trying to be as difficult as possible, Joe has done an amazing job. He was working so hard and took ownership. Joe goes an extra mile to make sure the process is as smooth as possible for his clients.” – Agata via Trustpilot

Get in Touch

    What type of mortgage can we help you with?

    Buying a New Home

    Re-Mortgage

    Buy To Let

    First Time Buyers

    Help to Buy Schemes

    First Time Buyer Mortgages

    We understand that some first time buyers need a little extra help. After all, if it’s your first time buying a property you’re likely to have a few more questions. Please ask away! Our mortgage advisers are here to answer any questions you might have and are on hand to help every step of the way. 

    If you, and anyone else you’re buying with, are first-time buyers purchasing a property for £300,000 or less you won’t pay any stamp duty. If the property you are buying costs more than £300,000, but less than £500,000, you will pay 5% stamp duty on the portion from £300,001 to £500,000.

    We can help you understand how much you can afford to borrow, how much deposit you need and the maximum property value that you can afford to purchase. With our advice, you’ll have everything you need to begin house hunting and make an offer on your dream home.

    Remortgage

    Whether you are remortgaging on a buy-to-let or a residential mortgage, we always endeavour to find you a better deal than what you are currently on.

    Where possible, we save our customers hundreds or even thousands of pounds on their mortgage repayments by scouring the market and comparing deals from multiple lenders.

    What’s more, if you’re looking to raise capital through a remortgage or to consolidate debts, we can help with that too!

    Buy to Let

    If you’re looking to invest in a buy-to-let property we can help you to secure a competitive rate on an interest-only buy-to-let mortgage or a repayment mortgage, depending on your preferences and your circumstances.

    Buy-to-let mortgages are subject to more restrictive criteria than traditional residential mortgages. For example, you will typically need a deposit of 25%, although some lenders will accept a deposit as little as 15%. What’s more, the rental income achievable must exceed your monthly repayments by at least 125%.

    If you’re looking to secure a buy-to-let mortgage but you haven’t got a deposit, we can help you to raise capital through a remortgage of your existing property/ies where appropriate.

    Let to Buy

    A let-to-buy mortgage allows you to rent out your current home to purchase a new property as your main residence, using the rental income towards your affordability for your new home.

    You will typically need a deposit of 10% for your new purchase and the rental income must be at least 125% of your monthly mortgage repayments.

    If you haven’t got sufficient deposit monies to hand, we may be able to help you raise the funds through a remortgage on your existing property where appropriate. 

    How We Helped a Young Family to Borrow More Than They Expected and Upsize

    A couple in their early 30s with 2 young children were looking to upsize.

    They had spoken to a mortgage broker that they had used before to find out how much they could borrow and what the maximum property value they could afford to purchase would be.

    They were told they could borrow 4x their combined salaries although this wasn’t quite enough for them to purchase the house they had their sights set on and so they approached us to explore their options.

    After reviewing their financial circumstances, we were able to find a lender who was willing to lend 5x their combined salaries which significantly increased their borrowing amount. 

    A mortgage offer was issued and the couple made an offer on their dream home!