Jayne Peters - My Blog

Four times Joint salary mortgages are available for first time buyers, home movers and remortgages. If you are looking at borrowing 4 times your income or four times joint income to get a new mortgage, there are a few lenders available ,w ho will lend upto 4 times joint for both interest only and repayment .

Most lenders these days will offer around 3 and 1/2 times your income for a new mortgage. However there are some lenders who will lend up to four times your income depending on credit score and deposit/Equity.

These days lenders have more sophisticated ways of calculating how much they will lend; it is nearly always taken on a case by case situation. Affordability is the keyword and many factors are now taken into account when lending such as:

Single or joint application

Do you have any children

How much credit has already been extended to you.

Your credit score

Employment status

Are you a professional (doctor, accountant, solicitor)

If you would like more information or to see if you qualify for a 4 times income mortgage call 01202 512340 lines open 9am -7pm Monday to Saturday, or complete the contact us form to arrange for a mortgage adviser to call.

Click Here For Contact Us Form

• interest only mortgage deals

Are you looking for an interest only mortgage deal and not sure where to look or who to ask
Here at J P Financial we can provide you with a wide range of quotes for both interest only and capital repayment remortgages.

interest only mortgage deals are available for both employed and self-employed people, we can provide you with quotes for fixed rates over 2, 3 and five year terms.

We can also advise you on tracker and variable rate mortgages, they are available from 2 - 3 years there are also some lenders currently offering life time trackers.

Whatever your situation contact our brokers today for more information on how we can help you.

Enter you details in the contact us form Once you complete the brief enquiry form, we will contact you to discuss your options. Or call 01202 512340 lines open 9am - 7pm Monday to Saturday and speak to a mortgage broker now.

• Best Remortgage Rates

Are you looking for the best remortgage rates and not sure where to look or who to ask
Here at J P Financial we can provide you with a  wide range of quotes for both interest only and capital repayment remortgages.

Best remortgage rates are available for both employed and self-employed people, we can provide you with quotes for fixed rates over 2, 3 and five year terms.

We can also advise you on tracker and variable rate mortgages, they are  avalaible from 2 - 3 years there are also some lenders currently offering life time trackers.

What ever your situation contact our brokers today for the best remortgage rates in the UK

For more inforamtion on how we can help you

Enter you details in the contact us form Once you complete the brief enquiry form, we will contact you to discuss your options. Or call 01202 512340 lines open 9am - 7pm Monday to Saturday and speak to a mortgage broker now.

Interest Only Mortgages

Fixed and Variable Rate Mortgages

No proof of income remortgage deals

Are you looking to remortgage and would like some information, there are four main points to consider when you look for a new remortgage deal. They are all equally as important and will determine the amount of lenders available to you and the interest rates that you could be paying.

Equity /Loan to value

All lenders look at home cash you are going to put into the deal to determine how much they are prepared to lender you. The more equity you have the better the interest rate will be and more lenders will be competing for your business. If you have a high loan to value mortgage, do not worry there are still lenders available.  But you will be restricted if you cannot meet the other requirements set out by the mortgage lenders.

Credit Score

Credit score is always important be it applying for a new credit card, personal loan or mobile phone contract. All lenders will run a credit check and each have their own system as to who they will accept. Bad credit mortgages are available and due to lenders constantly changing it would be wise to speak with our bad credit mortgage brokers for the latest rates.

Income

There are various ways you can prove your income and many people worry that they may not be able to prove all of their income with pay slips. Depending on the amount of equity you have and your credit score, it is possible to apply for a new mortgage without providing payslips or proving your income.

Interest rates.

With a new mortgage the question always comes up, do you fix or take a variable rate mortgage, there are always pros and cons to both types of mortgages. As for which way rates will move you will need a crystal ball and is not something we advise on but we can help you with your decision making.

For more information on the latest remortgage deals in the UK Click Here and enter your details to request a call back from our FSA regulated mortgage advisors. Or alternatively call 01202 512340 to discuss your mortgage requirements now.

Are you a home owner looking to remortgage your home for a more competitive deal. Have you considered the benefits of a new lender, more often than not a new mortgage deal will be cheaper for new customers than existing ones.

Loyalty and length of time served are not rewarded in the mortgage market.

Changing from one mortgage provider to another is a simple and straight forward process, but many people are daunted by the process or simply do not have the spare time to do the research.

Here at J P Financial we not only search the whole of the market for you, but will complete all of the application on your behalf.

Some lenders do not always ask to see proof on income, they may not ask to see payslips or a P60. If you are worried that you may not be able to prove all of your income we may be able to help.

Mortgage lenders criteria changes on a regular basis, for more information on criteria, rates and deals click here and enter your details to request a call back  or call 01202 512340 lines open 9am - 7pm Monday to Saturday and speak to a mortgage advisor now.