No Fee Mortgage Advice Bedfordshire - Mortgage Brokers & Advisors
No Fee Mortgage Advice Bedfordshire – Our brokers will discuss, advise and submit the whole mortgage application from start to finish! At Alexander Southwell Mortgages, we give honest, straight forward, easy to understand, free mortgage advice.
Independent Mortgage Broker & Advisors in Bedfordshire
No Fee Mortgage Advice Bedfordshire – At Alexander Southwell we believe that we are more than just a mortgage broker to our clients. Our aim is to make life easier and better for everyone and it underpins everything we do.
We believe that our client focused approach, which is underpinned by our core values of trust, transparency and integrity is designed to build long-term relationships with our clients.
This is what makes us stand out from the crowd and that is why our clients give us such great feedback, come back time after time and ask us to help their friends and family.
Why choose Alexander Southwell Mortgage Services?
Alexander Southwell Mortgage Services Ltd offer a comprehensive range of mortgage products from across the market. We offer both first and second charge mortgages, but not deals that you can only obtain by going direct to a lender.
We also take care of all the administration for mortgages and life cover applications as well as liaise with estate agents, mortgage lenders and solicitors to make sure the process is as smooth and hassle-free for you as possible.
Locations We Serve Across Bedfordshire
If you are thinking of moving to one of Bedfordshire’s towns or stunning villages, you are in the right place. Our Mortgage & Protection Advisors are at your disposal.
The county of Bedfordshire is home to almost 670,000 people.
Living in one of the villages in Bedfordshire provides locals with a spectacular rural location.
As with all the best rural counties, Bedfordshire boasts some truly stunning locations. Bordering Cambridgeshire, Buckinghamshire and Hertfordshire is the county of Bedfordshire. Perhaps not as ‘posh’ as its neighbours, but with some gorgeous open countryside views and excellent fast rail and road links, this area presents some wonderful properties at very affordable prices.
With its central position, excellent links and even its own airport for sunshine getaways, the quieter parts of Bedfordshire are not to be overlooked. Both the East Coast Mainline and Thameslink rail service run through the county into Kings Cross as do the M1, A1, A5 and A6 making it very well connected county.
We are a FEE FREE mortgage broker covering Bedfordshire. We search the whole mortgage market to find the best mortgage rates available to you.
Also we take care of all the administration for mortgages and life cover applications as well as liaise with estate agents, mortgage lenders and solicitors to make sure the process is as smooth and hassle free for you as possible.
We provide Face to Face, telephone & online advice throughout Bedfordshire including: Southill, Pavenham, Wingrave, Aspley Guise, Stewkley, Barton Le Clay, Elstow, Silsoe, Willington, Great Barford, Ampthill and areas around Biggleswade.
Whole Of Market Mortgage Broker Bedfordshire
First Time Buyers Bedfordshire
Buying your first home and looking for your first mortgage in Bedfordshire is an exciting prospect but figuring out how to get onto the property ladder can feel overwhelming. By talking to Alexander Southwell Mortgage Services Ltd, not only can you be assured of getting a suitable mortgage deal based on your needs, circumstances and preferences.
You will also be guided through the maze of the mortgage process in a friendly, professional and efficient way. This is important being a first time buyer and we will help you understand the following;
- How much you can borrow
- Finding you the lowest interest rates
- What deposit you require
- Other costs during the process of buying a home
- How much you can afford in monthly repayments
- Government schemes to help get you on the property ladder
Help To Buy Bedfordshire
The help to buy scheme changes from 1st April 2021. This Help to Buy scheme offers an equity loan where the government lends first-time buyers money to buy a newly-built home. This must be used to buy your main residence and can’t be used to buy a second home or a buy-to-let property.
The help to buy scheme offers an equity loan where the government either lends up to 20% or 40% (For help to buy London) of the property to first time buyers or homeowners to purchase a newly built home.
How does Help To Buy In Bedfordshire Work?
- You need at least 5% of the sale price of your new build property for the deposit. You can input a larger amount if you would like to.
- The government lends you up 20% of the sale price
- You borrow the rest from the mortgage lender for the remaining 75%
- The loan will run for a maximum of 25 years
- You don’t pay any interest or fees on the government equity loan for the first five years, in the sixth year you will be charged 1.75%
It is critical to get whole of market independent mortgage advice when using any government scheme because your mortgage broker will assess your full mortgage needs and recommend the type of specialist mortgage which is going to suit you. The maximum purchase price for a Help to Buy property depends on what region of England you live in. You can’t use Help to Buy to purchase a property above these limits.