Mortgages...

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Since the credit crunch the mortgage market has changed dramatically with criteria for obtaining a mortgage tightening up considerably. So an attractive best buy rate may not be for you as your profile may not fit the lender’s criteria.

Over the last 15 years we have seen high bank base rates followed by sustained lower rates. However due to banking and government pressure, prudence has come to bear, ensuring affordability of mortgages is paramount. Criteria, limits, income multiples, deposits, repayment vehicles have all adapted against a backcloth of bank repairing their liquidity ratios.

Governments have been changing taxation to squeeze sectors of the market whilst they have also come out with a number of housing initiatives to help particularly first time buyers to enter the market, giving a new range of options.

At Park Grove Mortgages we have the experience of ensuring we can place clients with the right lender at the most competitive rate. We have access to all the major lenders as well as some specialist lenders. From time to time we also have access to exclusive deals which are not available on the high street.

Whether you are looking to purchase or remortgage then why not contact us on 0333 666 1066 or email us (enquiries@pgml.co.uk) to ensure we find the right mortgage to fit your circumstances...

We charge a processing fee which is typically £395 but do reserve the right to charge up to 1% of the loan in certain circumstances. We may also be paid a procuration fee by the lender. Full details will be provided prior to any application.

In the event of more complicated cases we reserve the right to charge a fee as well as receive commission, but again, full details will be provided prior to any application.