First Time Buyers
Buying your first home is supposed to be one of the most exciting and memorable times of your life… And at AIM our goal is to make sure that dream becomes a reality.
More than likely, you will have spent the last few years working extremely hard to save enough money to contribute towards the deposit of your first home.
But what do you do now?
Who do you speak to?
Who can you trust?
At AIM, we make sure you are in safe hands. With professional advice and guidance, we will take care of you every step of the way. AIM Independent Mortgage Solutions Limited have access to 90% and 95% mortgages specifically for First Time Buyers, with specialist brokers to advise you of the most suitable mortgage for your needs. If you are a First-Time buyer dreaming of that first home, your next step is to find out how much you can borrow, and with access to unlimited Lenders, AIM is sure to find you your perfect match.
Call us today to find out how much you can borrow
Your home may be repossessed if you do not keep up repayments on your mortgage
Re-Mortgage
There are multiple reasons as to why our customers ask for our help when it comes to re-mortgaging. It may simply be that their Fixed Rate is due to expire with their existing Lender, they may have a large amount of debt they wish to consolidate into their mortgage, or they may have never reviewed their mortgage and are needlessly sitting on their Lenders Standard Variable Rate. Whatever the reason, we advise of the most cost effective and beneficial ways to re-mortgage. We have helped our clients take years off their mortgage term, whilst still saving money each month.
Reasons to consider re-mortgaging:
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To secure a lower interest rate
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To reduce your overall mortgage term
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Your current deal is coming to an end
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To consolidate personal debt
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Home Improvements
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To release cash tied-up in your property to reinvest in rental properties
Your home may be repossessed if you do not keep up repayments on your mortgage
Self Employed Mortgages
Are you a self-employed business owner and struggling to find a bank who will offer you a competitive mortgage deal? Do you only have one year’s business accounts which is limiting your options? Are you simply finding the self-employed mortgage process difficult? AIM Independent Mortgage Solutions have the answers.
As we work with a large number of lenders day in, day out, we know the policies and criteria of lenders like the back of our hand. We know which lenders will look at 1 Years Accounts; Profit Before Tax; Salary and Dividends or a Share of the Net Profit.
We will save you time and stress as we go through a systematic process of speaking to Lender after Lender, so we are able to assess your personal requirements to come back to you with our expert opinion.
Pass the stress over to us and we’ll take care of the rest
Your home may be repossessed if you do not keep up repayments on your mortgage
Buy to Let Mortgages and Portfolio Landlords
Are you looking to become a property investor or are you a portfolio landlord? Do you need advice on the right kind of mortgage to suit your individual needs?
It is important to know that Buy to Let mortgages are a little different to your traditional residential home-owner mortgages. Firstly, Lenders will require you to have a slightly higher deposit, typically around 20% to 25% of the property value or purchase price (whichever is lower). The majority of Lenders will assess Buy to Let mortgages differently to the standard residential mortgages. They will assess the amount of income the property will generate and typically use this to calculate the maximum mortgage available. Generally, mortgage Lenders will require the rental income to be 120% to 145% of the mortgage interest payable on the specific loan amount required. Some Lenders will also require you to earn a minimum personal income before they will even entertain a Buy To Let mortgage application.
If you have multiple mortgaged properties (4 and above), Lenders will class you as a Professional Landlord – and without the correct advice and knowledge, this could limit the number of Lenders you can approach.
To take the stress away from the Buy to Let mortgage minefield, give us a call today to discuss your borrowing options
Some forms of Buy to Let mortgage are not regulated by the Financial Conduct Authority
Bridging Loans
Bridging Loans are short term finance solutions for purchasing property. They are priced monthly, rather than annually, as people only require the funds for a short period of time; typically, 12 months or less.
There are many reasons as to why Bridging Loans are required:
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Are you relying on the cash from your current residential property before you can move to your dream home?
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Are you buying a property at Auction and have a tight completion date you must comply with?
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Property refurbishment - Is the property you’re buying currently un-mortgageable with high street lenders?
If you have any of the above circumstances, get in touch today to see how we can help!
Think carefully before securing other debts 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