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First Time Buyers
Need a mortgage? Maybe you're a first time buyer and need a mortgage with a minimum deposit?
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Purchase / Remortgage
Need advice on the dos and don'ts of buying your next home? Fixed rate ending and need to remortgage?
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Other Products
Life Cover, Buildings and Contents, Sickness, Accident and Redundancy Cover, Secured loans
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Adverse Credit
Maybe you’ve got bad credit or County Court Judgments? We’ll find someone to listen with a sympathetic ear.
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FAQs
Watch short videos of our C.E.O. answering the questions most asked by our clients.
We are The 'Mortgage' Point after all.
Here at the Mortgage Point we are a 'Whole of Market Mortgage Broker' and can offer the following unique products and services to our clients and much more;
Mortgage Guarantee Card
Cash Back Mortgage
Fixed Rate Mortgage
Capped Rate Mortgage
Discounted Mortgage
Base Rate Tracker Mortgage
It's not complicated really but certainly we want to help you understand what's on offer. So let us explain;
The Mortgage Point Guarantee Card
This card puts you in the position of effectively being a cash buyer. This is attained by obtaining an offer of a mortgage from a lender before you have actually found a property, (subject to survey of the property that you eventually find) which means if you are a first time buyer your powers of negotiation are much stronger because your funds are available and you don't have any property to sell. Therefore if you find a property that you'd like to make an offer on, but maybe too embarrassed to negotiate the price down, then The Mortgage Point will make that offer for you. This could save you thousands of pounds!
Cash Back
A Cash Back loan means that although the interest rate may be fixed or variable, the lender will pay on completion either a fixed amount or a percentage of the loan. These amounts can be used to offset any expenses or with certain lenders as a deposit. more ...
Fixed
If you choose a Fixed Rate loan, the interest rate applicable to your loan will not change for a set period of time (the 'fixed rate period') which will be specified in the relevent scheme details sheets and in your mortgage offer. This gives you the security of knowing exactly what your monthly payments are going to be during this period of time. When the fixed rate period comes to an end, the interest rate will automatically become variable again. more ...
Capped
Choosing a Capped Rate loan is that the interest rate applicable to your loan is guaranteed not to rise above a specified level ('the cap') during a specified period. This gives you the comfort of knowing that during the capped rate period the interest rate cannot go up above the cap and may even go down. Again, like the fixed rate, when the period during which the interest rate is capped comes to an end, the interest rate will automatically become variable and your monthly payments may increase if the variable rate is higher than the cap. more ...
Discounted
Where you have chosen a Discounted Rate then the interest applicable to your loan will be a set amount below the lender's standard variable rate for a specified period. As with the variable rate, the interest will vary from time to time. At the end of the discounted rate period, the interest rate will automatically revert to the variable rate. This means that your monthly payments will increase. more ...
Base Rate Tracker
This type of mortgage is directly linked to the Bank Of England base rate and immediately alters with changes in that rate as opposed to being linked to the lender's individual standard variable rate. more ...