Bridlington Mortgage Co

16/08/2024

1.5 MILLION FIXED RATES FINISH DURING 2024 ARE YOU ONE OF THEM? 🧐

Many mortgage holders are nearing the end of deals they secured 2, 3, or 5 years ago and might be facing higher payments after their fixed rate ends.

With the end of 2024 fast approaching, now is the perfect time to lock in a new deal. You can even secure a rate up to 6 months before your current deal ends, so we’re already helping clients with mortgages due for renewal in February 2025.

“But I think rates will keep dropping,” is a common reason most choose to wait.

Yes, rates are trending downwards, and we all hope they continue, but if the past two years have taught us anything, it’s that things can change quickly. We saw this at the start of 2024 when rates began to fall, only to rise again within weeks.

No one can predict with certainty where rates will go, which is why securing a deal early is a smart move. If rates continue to drop, we can explore switching before completion. But if they rise, you can breathe easy knowing you’ve locked in a favourable deal at the beginning.

Source: The Telegraph July 2024

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

We can accommodate evening & weekend appointments ✅

Currently looking for a Mortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

19/07/2024

I HAVE A GOOD CREDIT SCORE, BUT MY PARTNER DOESN'T. NOW WHAT...😓

We can't get involved in relationship counselling 🫣 but we may still be able to help you achieve a mortgage.

Don't worry this can be a common situation, so no need to break up just yet.

We can talk you through the different options available for your current circumstances and still get you that dream home.

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

We can accommodate evening & weekend appointments ✅

Currently looking for a Mortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

08/07/2024

OWN NEW RATE REDUCER, BUT WHATS IT ALL ABOUT? 🏡 🤔

The 'Own New Rate Reducer' scheme is a type of mortgage plan that offers borrowers the opportunity to secure a reduced interest rate on their mortgage for clients buying a new build property. This scheme is designed to make home ownership more affordable by lowering the monthly payments through a reduced interest rate.

Pros:
-Lower monthly mortgage payments: The biggest advantage of the Own New scheme is that you’ll be able to access lower mortgage rates compared to the open market.

-You’ll pay off more capital: A knock on effect of paying a lower interest rate is that you’ll pay off more capital.

Cons:
-You might not get the headline rates

-Limited choice: You’ll have less choice of properties as you’ll need to buy from a developer that’s signed up to the Own New scheme.

-Make sure you don’t overpay for your house: The Rate Reducer scheme works by a developer offering an incentive of 3% or 5% of the property’s value which is put towards your mortgage.

-Be prepared that rates could rocket: Once your initial period is over (the 2 or 5 years) you will pay standard mortgage rates. So your repayments could shoot up.

-New build premium: When you buy any new build house or flat, it will depreciate in price the minute you turn the key in the door.

Looking for an appointment to fit around work or home life? We can accommodate evening or weekend calls ✅

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

Currently looking for a mortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

16/06/2024

08/05/2024

DID YOU KNOW... 🤔

We don't only deal with mortgages, we have other additional services that we help our clients with, such as:

💜 Life Insurance- Level term, mortgage protection, critical illness cover, income protection and relevant life cover.

🏡 Home Insurance- Buildings & contents cover and landlords insurance.

⚖️ Conveyancing- We have access to panels of solicitors that can help process your mortgage applications.

We aim to make the mortgage process as smooth as possible and save you time with searching the internet for products and services.

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

We can accommodate evening & weekend appointments ✅

Currently looking for a mortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

24/04/2024

MORTGAGES INTO RETIREMENT, ISIT POSSIBLE? 🤔

The population of the UK is ageing ‐ we’re all living longer and healthier lives, and most peoples retirement age is rising due to this.

Traditional mortgages run till the clients retirement age of a maximum 70 years old.

We are now seeing a shift in mortgage lenders extending mortgage terms to highs of 85 years old to accommodate lending into retirement.

Most lenders would want to see pension forecasts and income past retirement age to check the mortgage would be affordable.

Currently looking for a mortgage that runs past the traditional retirement age? Speak to our team to see if we can help. 🏡

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

We can accommodate evening & weekend appointments ✅

Currently looking for a mortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

18/04/2024

ARE YOU WORRIED ABOUT YOUR BUY-TO-LET REMORTGAGE? 🏡 🏘 😓

2023 was a turbulent market, none more so than the investment property market!
Many landlords & property owners found the mortgage rate increases difficult to deal with.

We can help tackle rising rates and tighter affordability. We take into account rental yield and all income sources to help you get the best deal on your investment properties.

We are highly experienced in this area and can help all types of investment property owners. Whether you're looking to purchase your first investment property or you're an experienced property landlord with multiple properties looking to remortgage.

Based in Bridlington, East Riding. We can accommodate appointments via telephone, face-to-face and video calls.

We can accommodate evening & weekend appointments ✅

Currently looking for a Buy-to-Let Mortgage or Remortgage? Speak to the experts today! We have access to 1000's of rates and over 100 lenders 🏡 🔎

We offer a FREE no obligation initial appointment to understand your circumstances.
Get in touch to see how we can help you!

Contact us on:
✉️ Message us direct | [email protected]
☎️📱 Call 01262 362 065 | 07464 607 482
📱💻 www.bridlington-mortgage.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

31/03/2024

HAPPY EASTER 🐰 🍫 🐥 💐
From all the team at Bridlington Mortgage Co.