Mortgages For Foster Carers

Are you a foster carer looking for a mortgage or remortgage, here at First Choice Finance we have 25 years` experience providing loans and mortgage for people with many different vocations in life including fostering.

Many mortgage lender will accept the foster care income when carrying out the affordability check, this will give you many other options. The key to any income used to get approved for a mortgage is sustainability, if you can show how you are regularly getting foster care payments a mortgage lender will accept it in the income and expenditure, although they will also have to consider the cost of the children you are caring for.

First Choice Finance assist members of the public in finding the best mortgage via our panel of mortgage lenders showing our commitment to professionalism and service.

Finding a better mortgage with less effort.
Everyone wants the best value mortgage suited to their needs. With thousands of separate mortgage products currently available, you could spend hundreds of hours looking through them.

First Choice Finance could save you time and effort.
All you need to do is speak to us, we`ll undertake a comprehensive search of our mortgage lenders on our panel. If you wish, we will act on your behalf to provide advice and a recommendation based on a review of our carefully selected panel. We`re here to find the very best deal for you.

A full mortgage service.
Our recommendation is by no means the end of our service. We`ll also guide you through the mortgage application process and keep you updated along the way to ensure it all goes smoothly. To keep things simple.

By using this service you can benefit from the following:

A convenient, helpful and efficient service - Our advisors are highly experienced and fully qualified. They know exactly what to look for and how to help you get what you want.

Finding a mortgage for your needs - Whatever your circumstances we can find a mortgage a mortgage suitable for your needs. Contact us to find out about all of the different types of mortgages we can help you with.

Help and support at each stage - We will help you at every stage, from your initial application right through to the completion of your mortgage.

Foster Carer Re-Mortgage
You don`t have to be moving home to consider a new mortgage. Remortgaging has become a popular option for homeowners who realise that changing their mortgage isn`t as hard as it sounds and can dramatically reduce their monthly payments. Many people remortgage to raise capital from their property. If you bought your house for £175,000 five years ago and it`s now worth £195,000, you could raise a mortgage against the current value releasing £20,000 to spend. As long as you won`t be charged any redemption penalties, and the savings on offer are enough to cover any arrangement, valuation, and legal fees on your new deal, remortgaging might be a good move for you.

With competition so fierce in today`s mortgage markets, lenders are offering a wide range of mortgage schemes with competitive low rates and incentives to encourage you to move from your existing lenders. If you would like to cut your monthly payments with as little hassle as possible, First Choice Finance can help make your decision an easier one.

Whatever your circumstances we can help simply call us for friendly, helpful advice. Alternatively complete our quick enquiry form and we`ll call you back.

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.