Property Finance

Private client property finance services


Mortgages

Incisive Wealth Management makes it easy to secure the best mortgage deal whether you’re a first-time buyer, looking to move home, or are re-mortgaging.

A mortgage is like any other loan where you borrow money and pay it back with interest over time. The difference is that it is secured on your home, which means the lender can sell it to recover their money if you do not keep up with payments.

Incisive Wealth Management helps you secure the best deal while making sure you understand all the terminology and types of mortgages.

There are a few different types of mortgages and methods of repayment, buy they all essentially come down to taking out a loan based on how much you can afford and on the value of the property.

You will then make regular repayments, including interest (or pay only the interest with an interest-only loan).

Buy-To-Let Mortgages

Buy-To-Let properties are a long-term investment because they enable you to generate a rental income and possibly make a profit if you decide to sell.

It’s also worth noting that Buy-To-Let mortgages come with some extra risk because they are usually not regulated by the FCA. We can advise you on this matter.

Repaying the mortgage

You can choose between two types of mortgage (or a combination of the two:

Repayment
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Each month you’ll reduce the amount you owe by making payments plus interest to the lender. This is the much simpler option, but you’ll be paying more interest in the early years.

Interest-only
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You won’t be reducing the amount you owe because you’ll only be paying the interest, but this means lower monthly payments. You’ll need to make sure you have a way to repay the loan at the end of the term, for example through an investment or savings plan.

Choosing your mortgage features

To get a mortgage deal that’s right for you, you’ll need to look at the different features lenders offer on their mortgages:

Cashback Mortgages
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This could be offered with an interest-rate deal – the lender pays you a substantial sum (e.g. 3-5% of the amount you borrow shortly after you take the loan). This can be used to buy things such as furniture for a new property.

Current Account Mortgages
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This is similar to an offset mortgage, but here your mortgage and current accounts are combined into one account and so your account acts like one big overdraft. This benefits those who are higher rate taxpayers and have substantial savings.

Offset Mortgages
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Your main current account and/or savings account is linked to you mortgage. The more you have in these accounts the less interest you pay on your mortgage, and so the quicker the money owed reduces. This benefits those who are higher rate taxpayers and have substantial savings.

Flexible Mortgages
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This gives you the option to change monthly payments, e.g. to pay less when you can’t afford the full amount, or to pay more when you want to pay off your loan more quickly. You also have the option to borrow more without further approval from the lender.

Incisive Wealth Management helps you secure the best deal while making sure you understand all the terminology and types of mortgages.


Bridging Finance

There are multiple reasons why you might need bridging finance, but Incisive is the only place you need to go to get the right advice.

Short-term loans the quick and easy way

If you need a short-term loan Bridging Finance is often the best option. Incisive is experienced in making it quick and easy for people to secure Bridging Finance when they need a short-term loan.

Who needs Bridging Finance?

There are various reasons why you might be looking to secure capital through Bridging Finance, including:

  1. Enabling property development or refurbishment
  2. Buying a property at auction
  3. Facilitating a property purchase before a long-term mortgage is finalised
  4. Ensuring a purchase can go ahead before selling a house or if a sale fails
  5. Avoiding bankruptcy or repossession
Planning your exit strategy

Since a loan secured through Bridging Finance is designed to be short-term, you’ll need to make sure you plan an exit strategy to enable you to repay the loan.

We’ll help you plan your exit strategy as part of the loan application process.

Need advice? Contact us today!
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