Open & Honest Mortgage Advice in Bedford

As a First time buyer in Cambridge & Bedford, you may feel overwhelmed by the mortgage process. This is understandable and is why we are here to support you throughout the process.

Our team of mortgage advisors in Cambridge & Bedford can provide the boost you need to take that first step onto the property ladder, talking you through the most appropriate route to take, towards achieving your mortgage goals. From your initial call all the way to completion, our team will be there!

If you already live in Bedford and are coming towards the end of your initial fixed-period, you be looking at the option of moving home. There are plenty of reasons why you may look at moving home in Cambridge & Bedford. You may be looking for a larger property (this might be because of you are expecting a child or already have one or need a home office), for better living costs, or even just a change of scenary.

Through providing trusted mortgage advice in Cambridge & Bedford, our team know that the process of moving can be a very stressful experience. The process includes finding a buyer, packing your belongings and organising everything on your new home purchase. We work hard to reduce your stress levels, by taking the weight of the mortgage off your shoulders.

You may be coming to the end of your initial fixed-period and are happy staying in the property you are currently in. If you are in this situation, you may decide to look at getting remortgage advice in Cambridge & Bedford to remortgage your property.

Some of the most common reasons people choose this option is to find a better deal release some equity for home improvements, to raise capital. As mentioned remortgaging can be fitting for homeowners who are content in their home and not looking to move.

Here at Cambridgemoneyman, we have helped plenty of existing and budding investors in the property purchase a Buy to Let property. As well as this, we have built close relationships with many of these and can be a popular option, as it can be a brilliant reward in the long run.

Utilising our knowledge, we provide buy to let mortgage advice in Cambridge & Bedford to many landlords looking to build their portfolios, whether they are buying in their name or with a SPV (Special Purpose Vehicle), such as their Limited Company.

If you are looking at starting your mortgage journey as a self employed mortgage applicant in Cambridge & Bedford, you may find that evidencing your income can be a little difficult compared to a regular employed applicant. This is because you will be required to provide proof of a consistent and sufficient income. Even though this is the case, there is still a possibility to get a self employed mortgage in Cambridge & Bedford.

Here at Cambridgemoneyman, we have extensive experience in helping self-employed mortgage applicants start their mortgage journey. Your designated advisor will go through your case with you, recommend you with the most appropriate mortgage product as well as direct you down the best route making the process simple and stress-free.

If you are over the age of 55 and match the right criteria, you may be looking at the option for an Equity Release in Cambridge & Bedford. Unlike remortgaging to release equity, this will usually be taken out in the form of a Lifetime Mortgage. Due to this option being a very specialist area, you will need to speak to a qualified expert.

Contact our team today to speak with a later life expert!

Having critical illness cover can help you financially through a lump sum payout in the event you are unable to work due to a health event like cancer, a heart attack or a stroke. A prominent drawback with this option is that the cover only pays out on certain illnesses meaning not everything is covered.

Regardless of this, it can be a good option to be protected financially, just in case something happens. What you do with your payout is entirely up to you, however, we we normally find that people either use that payout to cover their mortgage costs (especially if they're unable to work for the time being), or to cover medical costs.

Income Protection Insurance have some similarities to Critical Illness Cover, but there are some significant differences. When it comes to the illness you have, it doesn't matter but it will pay out if you are unable to work. Instead of a lump sum, it will pay out as a monthly sum and is designed to cover income loss.

This type of insurance can be more pricey, however, depending on the pay out you have set. In the case where you set it to pay out after one month being to work, the cost will be a lot more than i would do for someone who sets it to pay out after six months.