Work Out Mortgage Repayments – 750,000 Mortgage to 1,000,000 Mortgage

The repayments for your mortgage will depend on the interest rate of the plan offered to you, here at First Choice Finance we have many plans for larger mortgages between 750,000 and 1,000,000 and with expertise in finding a mortgage suitable for our clients in a wide range of circumstances, you are able to trust us to help you through the mortgage process.

£750.000 Mortgage

We will look for the best mortgage loan from our panel of lenders, giving you the reassurance of having mortgages experts to consult throughout the mortgage process. We examine your unique set of variables and conditions to be taken into account when asking for mortgage financing helping give you the security that you are making a good financial decision. In addition to having some very low rate mortgage plans for a £750.000 Mortgage, we will also look at other options including the mortgage term, early repayment charges and the different types of mortgages. We will explain fully the advantages and disadvantages ensuring you fully understand the mortgage. Before you proceed with the mortgage you will be given full details, including free quotation and illustrations we will be happy to discuss the different options in a friendly professional manner throughout the mortgage process.

£850,000 Mortgage

Because of the size of the mortgage, it will allow us to find excellent mortgage conditions and low prices. We help save you time and unnecessary travel. The whole mortgage process can be completed via mail, phone and email

We will explain what is involved in each deal, we are experts in mortgages, and will keep you informed with all the details of the mortgage available.

£900,000 Mortgage Loans

Looking at owning your new dream home, you can start here and now with First Choice Finance.

If you are thinking of buying a new home, you will surely have many questions. It is normal. So we have prepared this space to find the answers. We will find you a mortgage offer, along with a financing plan will provide personalised guidance to help you complete your mortgage. The best solution is one that fits your needs. First Choice Finance help you buy the home of your dreams.

£1,000,000 Mortgage

Discover a simple and transparent way of getting your mortgage of up to £1,000,000. First Choice Finance offers all our experience and the best mortgage solution to purchase your home.

Loan To Value

To know the exact amount of loan you can get you should consider your loan to value, two aspects are used to calculate your loan to value. First, the appraised value of the home, secondly the amount of money you need to borrow for the purchase.

When you enquire for a mortgage, the mortgage company will carry out the valuation of your home. With mortgages available up to 90% if you borrow £1,000,000 you would be able to purchase a property up to £10,000,000 while a mortgage of £750,000 will allow you to buy a house worth £7,500,000

What you can use a Mortgage for with First Choice Finance

• To purchase your residence, your second home or a home for investment.
• To refinance the mortgage you have on your residence or your second home.

Mortgage Repayment Period (10 Years – 30 Years)

The repayment term is the time that is set on the mortgage until the full amount is repaid. Mortgage loans have a lengthy period from 10 to fifteen, twenty up to thirty years.

Extending the term means you pay interest longer which will result in the mortgage being more expensive, the benefit of a longer mortgage term is the monthly repayments will be lower.

Obviously, the interest rate is a very important aspect as loan, together with the term, it determines what you will pay over the years. However, you should not see the interest rate as an isolated element. In addition to the interest rate you should pay attention to all the other elements of the loan: the form of fixed or variable rate of interest, fees that apply, the fees payable and the frequency of the repayment period.

It is essential to find the perfect combination between the interest rate and the period ensuring you are able to afford your mortgage.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.