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Shoreham - Lancing - Portslade - Southwick for local Independent Mortgage advice

Buying your own home will probably be the single biggest financial transaction you ever make. It should be an exciting experience but unfortunately, at times it can also be worrying. The aim of this service is to introduce UK homebuyers to Independent Mortgage Advice, and it is important to obtain Independent advice from a qualified adviser who will work for you. We will find you the best option that suits your circumstances.

Pavilion offers the complete solution for all of your mortgage needs. We have access to the whole of market increasing your chances of finding a suitable lender.

To ensure that you get the most competitive products on the market, we offer our own exclusive products which enables us to offer special low mortgage rates from high street lenders.


Mortgage types we cater for:
Purchases
Re-mortgages
First Time Buyers
Buy to Lets**
Impaired credit*
Equity Release
Let to Buy **
Debt Consolidations
Secured Loans**
New Builds


Different repayment facilities we can offer:
Fixed Rate
Tracker
Discounted Rate
Offset
Variable
Capped

A number of lenders can also offer free valuations and legals with the opportunity of cashback.

Equity Release

Lifetime Mortgages allows you to use your house as security for a loan, which you can use any way you wish. Unlike a conventional mortgage, there is no set repayment date and no monthly payments to make, however monthly payments are allowed if you want to. Instead the loan will become repayable through the sale of the property when:

  • You move into long term care
  • You die or the property ceases to be your main residence (when an Early Repayment charge maybe payable). When mortgage redemption is due, the full amount of the loan must be repaid. The redemption amount will comprise of the original amount borrowed, any further drawings, unpaid costs or charges plus accrued interest.

If your home is sold for more than the outstanding mortgage balance, you or your estate will receive the difference. Should your home be sold for less than the loan and interest due after sale costs, a guarantee to make up the difference will apply. A NO Negative Equity Guarantee is very important to safeguard for you, your family and any future beneficiaries of your estate. it means that there is no risk of them being left with an outstanding mortgage debt after your home is sold after sale costs are taken into account. As a point of interest we do not allow these plans without the negative equity guarantee.

To understand the features and risk of a life time mortgage, ask Peter for a personalised illustration.

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** Not all buy to let, let to buy or loans are regulated by the Financial Conduct Authority.

* The overall cost for comparison is 7% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration.

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Pavilion Mortgages Ltd is authorised and regulated by the Financial Conduct Authority.

Tel: 01273 441221 Email: mail@pavilionmortgages.co.uk

 
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