Mortgages

Residential Mortgages / Residential Investment Mortgages.

Whether you are a first time buyer, trading up, or buying an investment property, making the right decision about the type of mortgage, that bests suits your particular circumstances, is crucial. The wrong decision, made today, about the mortgage lender, the mortgage term, or the mortgage rate can prove to be very costly, over the lifetime of your mortgage.

Smart Finance, operates as an independent mortgage adviser, and as such, has access to many of the main lenders operating in the market place. This allows, Smart Finance, to source, and to provide for you, information, which is clear and independent, and which will enable you to make the right choice, for you.

Commercial Mortgages.

This is a specialist area, with potentially major cost outlays and tax implications for the purchaser, that are not normally associated with the purchase of residential, or residential investment property.

The cost outlays associated with the purchase of commercial property are mainly, arrangement, valuation, and legal fees. It is important to deal with an independent mortgage adviser so that these costs can be fully explained and controlled.

The tax implications associated with the purchase of commercial property are to do with how the mortgage is set up. The most tax efficient method of buying commercial property, is through a Pension Backed or a Self Directed/Self Administered mortgage arrangement. These arrangements work equally as well for the self employed and for company directors. If a commercial mortgage is structured correctly, then there is the potential to save a significant amount of money over the mortgage term.

Smart Finance, recommends, due the options involved, when it comes to commercial mortgages, to arrange and initial consultation, to discuss this area in detail.