Frequently Asked Questions
Questions:
- General
- Are 'Buy to Lets' a better investment than shares or a pension?
- Do you charge any upfront fee's for your service?
- Do you have access to the 'Whole of Market'?
- Has the housing market bubble, burst?
- Have you ever arranged a mortgage for anybody famous?
- Have you ever arranged a mortgage for in excess of £1,000,000?
- If I recommended you to a friend, would you reward me?
- Jono, have you got a mortgage?
- Should i go for a Fixed or Tracker Rate Mortgage?
Answers:
- Are 'Buy to Lets' a better investment than shares or a pension?
Lets put it like this, you can drive past your 'Buy to Let'
- Do you charge any upfront fee's for your service?
NO, North Mortgages never charge upfront fee's for their services
- Do you have access to the 'Whole of Market'?
YES, North Mortgages are a 'Whole of Market' broker so you know your getting access to ALL the best deals on the market.
- Has the housing market bubble, burst?
No Chance! Lets face it there's a massive housing shortage in the UK and i havent seen them building more land at Lands End and John O'Groats recently.
- Have you ever arranged a mortgage for anybody famous?
YES, but i'm not going to tell you who.
- Have you ever arranged a mortgage for in excess of £1,000,000?
Yes, and as low an interest rate i got the client, trust me, you and me both would not want their monthly repayments.
- If I recommended you to a friend, would you reward me?
Of course, we like to deal with friends, family and aquaintances of all of our customers. If one of your referals completes on a mortgage arranged by North Mortgages, we'll send you a cheque for £100/per successful completion to say... Thank You!
- Jono, have you got a mortgage?
Of course. And a wife, 2 kids and a dog. But the good news is i new i got a good deal, because North Mortgage have access to the 'Whole of Market'
- Should i go for a Fixed or Tracker Rate Mortgage?
It depends on your personal circumstances. Fixed Rates can be more expensive but, the borrower knows exactly what they're remortgage repayments will be for a defined term. Trackers can be one of the cheapest mortgages available, but be aware that you monthly payments could rise or fall in line with Bank of England base rate fluctuations.
