AFP Shrewsbury are a well established organisation, providing expert, professional protection and mortgage advice in South Shropshire and further afield right across the rest of the UK.
Mortgage and Protection Advice in South Shropshire
As well as covering Shrewsbury and Telford, we cover the following towns and areas in South Shropshire:
- Bayston Hill
- Bishop’s Castle
- Church Stretton
- Much Wenlock
- Shropshire Hills area
Mortgage Services Provided By AFP Shrewsbury
AFP Shrewsbury works with a large number of lenders, reviewing all possible options, this way we are able to ensure finding the best available deal to match our client’s circumstances.
Self Employed and Directors
The number of self employed individuals and those starting up their own limited companies is steadily increasing. AFP Shrewsbury has access to lenders willing to base their lending on last year’s accounts alone. As many lenders require a minimum of two to three years accounts, this is a great advantage for those starting up their own businesses.
First Time Buyers
First time buyers often find themselves overwhelmed and confused with the daunting task of not only getting on to the property ladder, but also finding the best deal. AFP Shrewsbury provides expert mortgage advice, supporting and guiding clients right through the process from start to finish.
Let To Buy
A let to buy mortgage allows the borrower to rent out their current home, whilst buying a new property. This is a great advantage as many of us discover our dream home before we’ve sold our current home. This borrower may need a let to buy mortgage for one or more of the following reasons:
- On a tight time-scale with no time to wait
- Wish to keep their current home as an investment and not sell it
- Need to top up their income by letting their current home
- May need to raise additional funds for their new home
At any time during your mortgage you may wish to switch lender, you are under no obligation to stay with your original lender for the full term. Remortgaging may save a considerable amount of money. AFP Shrewsbury provides expert remortgaging advice to help you through this process.
Buy To Let
Due to socio-economic factors, there is a growing demand in the UK for rental properties, the majority of buy to let mortgages are only available through intermediary parties. For more advice on buy to let mortgages, contact us.
This describes a mortgage in which the borrower repays both the capital and interest in monthly installments. With this type of mortgage, provided you make the monthly repayments, you are guaranteed to repay the full loan by the end of the term. We can provide comprehensive advice on the advantages and disadvantages of a repayment mortgage, as well as finding you the best available deal.
Interest Only Mortgages
An interest only mortgage is exactly what the name suggests, the borrower only pays off the interest during the term, not the capital. At the end of the term, the borrower will be required to pay off the full sum borrowed, via an investment or other means. With a variety of different investments available, it is essential to get the best possible advice.
Equity Release Mortgages
AFP Shrewsbury refers all Equity Release mortgages to one of the UK’s leading firms of specialist advisers in this field, who are frequent winners of Industry awards.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOAN SECURED ON IT.