Moving Home

Moving home presents you with the ideal time to see what the mortgage market has to offer. As an adviser we search the market from retail mortgage lenders to private banks to find the best all-round mortgage deal for you. We often get access to exclusive rates which may not be available on the ‘high street’ or via online comparison sites.

Remortgaging

Simply switching lender or finding a better deal with your existing lender could significantly cut your monthly outgoings. We offer a free consultation service and will advise you as to whether you would financially benefit from such a move.

All of our existing customers benefit from our mortgage tracking service. This is where we track your mortgage and contact you when your current deal is nearing the end or when we feel that a review is required.

New Build

For the first time in recent years Banks and Building Societies have restricted lending to the new-build sector. We have extensive knowledge of new-build mortgages and have access to some exclusive mortgage rates that are not widely available in the market. 

Discounting

Invoice discounting is a form of short-term borrowing often used to improve a company's working capital and cash flow position. It’s simply selling your sales invoices to a Finance House in exchange for cash without the need of Sales Ledger and Collection Services. This is a common finance tool available through a Finance Company or Bank.

The Financial Conduct Authority does not regulate commercial lending.

First time buyers

Buying your first property can be very daunting with the majority of lenders each claiming to offer 'unbeatable' deals. We are highly experienced in guiding first time buyers through every step of the process and take time to make sure you are comfortable with every element of the mortgage and house purchase process.

Buy-To-Let

The UK Buy-to-let mortgage market has changed dramatically over the last few years.

If you’re contemplating a Buy-to-let mortgage, either in your own name or via a limited company, whether it’s your first investment or you’re a seasoned landlord, it has never been more important to get market advice. We have a wealth of experience and pride ourselves on providing expert advice.

The Financial Conduct Authority does not regulate some buy-to-let mortgages.

Self Build Mortgages

As you might expect, self-build mortgages work differently from house purchase mortgages. Rather than getting all the cash upfront, your lender will release it in stages to fund the construction. These stages might include buying the land, right through to decorating the interior. With large differences in mortgage rates and fees and our expertise we will ensure the funding is a stress free as possible.

Mezzanine

A hybrid of Debt & Equity financing, Mezzanine financing is typically used to fund the expansion of existing companies. Mezzanine financing is basically Debt Capital. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.

The Financial Conduct Authority does not regulate commercial lending.

Bridging / Short Term Funding

For those needing a quick completion, those looking to refurbish or renovate a property in poor repair or have a very short lease and those wishing to break free of a protracted property chain and complete the property purchase or fund a development project quickly, we work with the whole market to offer a quick funding solution.

The Financial Conduct Authority does not regulate commercial lending.

Equity Release

Equity release is a way of releasing some of the money that's tied up in your home, providing you with a cash lump sum. We offer advice in this very complex area for those wishing to remain living in their home and use the money to get more from your retirement. We discuss all options available and where necessary will implement the correct strategy.

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.

Protection

Protection underpins every part of the financial planning process and whilst planning for your future is essential, the unexpected must be considered and insured against.

The purpose of protection is to provide you (and your family) with financial security in case of an unexpected death, critical illness or long term sickness. In the event of one of these untimely circumstances, your long-term goals can be jeopardised unless the necessary protection is put into place.

The three most important protection products are:

• Life Insurance 
• Critical Illness 
• Income Protection

We firstly assess your requirement, calculate your available budget and then find the most suitable product for you, having searched through our extensive database of insurance companies.

Corporate

Our Corporate Protection services cover the following:

• Key Person Insurance 
• Shareholder Protection 
• Relevant Life Insurance 
• Business Loan Protection

Life Insurance

it is important to accurately assess the level of cover that you actually require. This will depend on:

• your existing debts 
• number of financial dependants you have 
• period of their dependency 

The sum assured should be large enough to clear any debts and then provide enough income (from the capital lump sum) that all your financial dependants are provided for. Ensuring these policies are placed into the correct trust arrangement is another key consideration for this area of financial planning.

Note: It is always worth reviewing your existing life insurance plans, as the cost of cover may have reduced in recent years.

Critical Illness

Serious illness can have massive implications both emotionally and financially for you and the people around you. During a period of such stress and anxiety a Critical Illness policy can provide much needed relief from the financial burden by providing the funds to clear a mortgage, pay-off other debts or even to delay a return to work until a full recovery is made.

The key consideration with this type of cover is not just about the cost, it's essentially to select the right Insurer, ensuring the contract has a comprehensive list of critical illness definitions with a high rate of claim pay-out. We use a medically qualified doctor to assist in our research who constantly reviews the contracts available in the market place.

Income Protection

The ability to meet your day-to-day expenditure and saving commitments is normally dependant on your ability to generate income. Therefore, not being able to carry out your daily job, resulting from a back problem or a stress related illness may require a long period of recuperation and may jeopardise your ability to service these responsibilities.

Although company employees usually have an element of illness cover within their contract of employment, these tend to be limited from three to six months. An Income Replacement policy would provide continuous cover at the required monthly amount until a pre-determined date (can be up to retirement age).

An income replacement policy is invariably essential for anyone who is self employed.

Commercial Finance

We provide lending advice to the business sector which is conducted via long established personal relationships within the commercial banking sector, options available include;

• Commercial Mortgaging & Secured Lending – for providing flexible capital 
• Mezzanine Finance – Debt & Equity financing used to finance expansion 
• Bridging Finance – for immediate capital & cash flow requirements 
• Sale & Leaseback – to raise cash generally to expand quicker and for business restructuring 
• Leasing Finance – to free-up capital 
• Invoice Discounting & Debt Factoring – releasing cash, improving cash flow and helping to remain in control of finances

Our role is to assist clients in formulating their lending requirements by using various management reporting tools. We are able to apply our experience to ensure the most relevant financing package is presented to the most appropriate Financier.

     

Wealth Management

We work closely with our recommended partner, First Wealth LLP, who provide independent financial planning on all areas including investments, pensions, taxation and trusts.

Please see www.firstwealth.co.uk

The guidance and/or advice contained within their website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK.

First Wealth was founded to pool together the best aspects from the financial world, with an overarching philosophy which creates a joined up approach to financial planning, investment management and tax planning. The interlink is so strong that they believe it is essential that the disciplines can all be managed by one advisory company.

First Wealth is committed to being at the forefront of their industry both in terms of the quality of advice and service they provide to their clients and the technology that they employ within the business.

First Wealth can be contacted on 0207 467 2700.

First Wealth LLP is an appointed representative of Best Practice IFA Group Limited which is authorised and regulated by the Financial Conduct Authority. First Wealth LLP is entered on the FCA register (http://www.fsa.gov.uk/register/) under reference 506489.

The value of your investment can go down as well as up and you may get back less than you invested. The Financial Conduct Authority does not regulate taxation advice.