About us
About us
You've found the perfect windmill
Ideal for your dream home. But how on earth can you finance it? Or perhaps you 're more the houseboat type. But who will give you a loan to buy one? Maybe you want nothing more than an urban semi, but as someone who is a freelance or self employed, most building societies seem to shun you. It's time to call up the special services of BMS, the team who specialise in mortgages for those who don't fit the mould.
Mortgages have changed dramatically over the last 20 years, there are no-more mortgage queues and concepts such as Buy to Lets are now big business. This also means that there are far more products available these days and they are far more sophisticated and complex. At present do you choose, fixed, tracker, or maybe capped, or should it be discounted or LIBOR, or maybe a straight forward variable rate? Then having chosen the product, is it portable? Can you get free legals or a free valuation? What are the charges added on? Is there a higher lending charge, does it have early repayment charges or is the product without overhang?
Mortgages are no different, it is probably the biggest one off transaction that most people will make in their lifetime so be careful and seek expert advice.
Our typical broker fee is 650, however it could be as much as 1% of the loan amount, payable on completion. The precise amount will depend on your circumstances.
Some products and services listed above are not regulated by the Financial Services Authority.
Your home may be repossessed if you do not keep up the repayments on your mortgage.