I would seriously consider remortgaging if you are on a standard variable rate with the following lenders.

Britannia @ 4.74%

Principality @ 4.99%

Coventry @ 4.74%

Chelsea @ 5.69%

Yorkshire B/S @ 4.99%

Santander @ 4.74%.

N/Rock @ 4.79%

Monmouthshire B/S @ 4.99%.

The Nottingham on an eye watering 6.14%.

There are great rates out there especially on 5 year fixed. Most lenders will also offer free valuation and cover your legal costs.

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Giving local mortgage advice to all of Cardiff including, Pontprennau, Cathays, Roath, Cyncoed, Lisvane, Radyr, Lakeside, Whitchurch, Heath etc.

Useful link : https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

When it comes to finding the most suitable mortgage deal for your residential or buy to let property, it is easy to go on comparison sites or best buy tables and become fixated on just the rate, assuming that the lowest is the best.

However this is not always the case!

Many lenders use high arrangement fees as a way to offer lower initial rates. Adding these fees to your mortgage will increase your payments only slightly, but it will be for the entire term, even though the reduced rate could be for just 2 years.

At Neil Soundy Financial Services we focus on the total cost not the lowest rate.

This means that we use professional software to research the best overall product taking into account the combination of the rate, the length of the preferential rate, arrangement fees and incentives. Many lenders offer free valuation, cash-back or help with legal costs. It is important that the values of these benefits are included in the total cost calculation before making a recommendation.

Why use Neil Soundy Financial Services for your mortgage advice in Cardiff?

We will give you expert impartial advice on the mortgage market.

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Useful link:

https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

Tesco have recently launched their own bank and are now offering mortgages. They state you get great rates and clubcard points.

Now the bad part

“You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.”(Tesco Bank website)

This means if you choose the wrong product it is not Tesco’s fault as you choose it.

It’s not the same as buying burgers.

We researched 5 year fixed rate mortgages with a 25% deposit.

Tesco rate 3.79% & fees of £995

Nationwide rate of 3.49% & fees of £499

Why use Neil Soundy Financial for advice on your mortgage in Cardiff?

We will give you expert impartial advice on the mortgage market.

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

Contact us today for a free no obligation initial discussion or meeting.

Useful link:

https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

In today’s mortgage it is tough to get a mortgage. It seems even more difficult if you are self employed and just have one year’s accounts. There are a number of lenders who will look at lending with just one year’s accounts. Helpful lenders at the moment are the Principality and the Halifax. The Principality will usually require a 25% deposit, while the Halifax will lend with just a 10% deposit. (Subject to underwriting and credit score).

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Useful link : https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

The widest choice of lenders and mortgages.

The world of mortgages and mortgage advice has changed because of the credit crunch.

What has changed?

Some lenders have stopped paying commission or now charge a higher interest rate for a mortgage that pays commission.

The vast majority of mortgage brokers still restrict their advice to mortgages that pay them commission.

What makes us different?

We give advice on commission and non-commission paying mortgages.

You benefit from

At least twice the choice of mortgages to a standard broker.

Reduced deposit

Better rates

Lower arrangement fees

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

Trusted advice

Go to our testimonial page for client reviews.

You are protected.

It is important to understand is that because we offer advice we have a duty of care to you.

We have to recommend a suitable mortgage and be able to justify why the particular mortgage we have recommended is right for your circumstances

If our advice is not up to scratch you can complain and be compensated.

In contrast, if you go directly to a high street mortgage lender, the majority will give you a choice of mortgage products but will not give advice. You will then have to guess which is the best on for you. As you have chosen the mortgage product you have lost your right to complain and, you only yourself to blame.

We are qualified

There’s lot more to choosing the right mortgage. It’s not as simple as just the cheapest fixed or tracker rate mortgage you can find. Has anyone explained the benefit of offset mortgages?

We are on your side

As expert mortgage advisers, are role is to act for you, not the estate agent, not the builder and not the vendor.

We know the industry

Mortgage criteria has become tighter over the past few years.

As a mortgage broker we deal with lenders on a day-to-day basis. We know the background criteria for the mortgage market and can process your application without unnecessary delays.

It’s not just about the mortgage

As mortgage broker we don’t just advise you about your mortgage. They will also look at any related protection to cover your mortgage. We are not tied to a single provider. For example Yorkshire Building Society will only offer you Legal & General.

We will recommend insurance based on your new mortgage arrangements to make sure you are fully protected in the event of:

• Death
• Critical illness (such as cancer, heart attack or stroke)
• Redundancy

The value of advice

Mortgages are a lot more difficult than they first appear. Knowing what rate, what term, what lender, what features, what insurance are all time-consuming and complex matters.

Useful link : https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

Today, HSBC have launched a 7 year fixed rate mortgage at 4.89%. The length of the fixed rate is its virtue and also its vice. You are buying an extended guarantee but giving up on flexibility, as your circumstances will almost certainly change. I understand that the mortgage is portable but the length of the fix could be longer than most first times buyer’s relationships. As normal there is a redemption penalty to break the contract with in the first 7 years.

Why use Neil Soundy Financial for advice on your mortgage in Cardiff?

We will give you expert impartial advice on the mortgage market.

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

Useful link : https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.