Mortgages
The mortgage marketplace is forever changing. Our team at Wyke Financial has seen it all, back to the pre-credit crunch days in the early 2000s when self certification mortgages and 120% lending were commonplace!
We have worked through the financial crisis of 2008/2009, Brexit, and of course the Covid pandemic.
More recently in 2022, we dealt with the challenge of rising mortgage rates and the impact this had on our customers both existing and new.
The important thing when looking for a mortgage is to get the appropriate advice to suit your needs. You may be a first time buyer looking to buy your first home, a re-mortgage customer looking to source the best deal, or you may have more complicated circumstances that mean you have been turned down elsewhere.
Well at Wyke Financial we can help. We specialise in all areas of the market, for more information on these click the links below.
At Wyke Financial we offer a comprehensive range of mortgage products from across the market. We offer both first and second charge mortgages, but not deals that you can only obtain by going direct to a lender. We use our knowledge and expertise to research thousands of products to find the right one to meet your individual needs. We have access to all the big high street names, as well as niche products from smaller lenders which aren’t normally available to consumers directly.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
So why scour the high street or internet trying to find an appropriate lender when our experienced team can give you the right advice, save you time and money and see your application through from start to finish.
Its difficult to get a mortgage if you are Self Employed?
Something we hear a lot, whilst the lending criteria again is different, in the majority of cases for self-employed clients our experienced mortgage specialists are on hand to guide you through this process. Note: There is different affordability assessments depending on the lender and the type of company you own so be sure to ring us before any appointment so that we can help you prepare the appropriate documents in advance.
Lender won’t deal with me because I’m a Contractor!
It is becoming more and more common for employers to offer work on a “sub contract” basis and often in some industries such as IT “fixed term contracts” are becoming the status quo.
Again as with self-employed you will find the rules differ on this depending on the lender and how exactly you are paid. Our specialists will have the knowledge to suit these circumstances and are on hand to help you source the mortgage that suits you.
I have bad credit so won’t be able to borrow.
Its true credit history plays a part but as a “whole of market” lender we can approach all banks and building society’s not just the ones on the high street. As such you will find an array of lenders offering products to credit impaired clients. Note: if you believe yourself to be credit impaired we advised coming to any consultation with a copy of your credit file (contact ahead for advice on this)
Mortgage deals may not be available and lending is subject to individual circumstances and status.
