Welcome to our new website

We’ve been through a lot together. Thank you for staying with us. Imagine the hours we have spent working together to make your vision a reality. If we may have just two more minutes of your time, you will not regret the investment.

When we close out the year in December, we will look back and recognise that 2017 was a defining year for Easy Switch Mortgages. We celebrated our ten-year anniversary! Imagine that. We started in the recession and grew despite the obstacles.  Most recently we made changes to our senior level of Easyswitch Mortgages with Peter & Ian leading our vision and direction.

We needed the changes to ready ourselves for the times ahead. Following on from the recent rise in interest rates, further increases are a distinct possibility in the not too distant future. With the clock ticking, details of Brexit continue in their back-and-forth negotiations. Whilst maturing remortgages have grown to the value of £133.1bn in the second half of 2017, with an incredible £243bn due to mature during 2018*. So many variables and change pave a rocky path for property owners to navigate.

Given the world of uncertainty we face, our team plans to improve our client engagement with the purpose of inspiring confidence. We created a new website designed for that very purpose. Over time, and with your feedback, our website will provide solutions to the challenges we face—and the opportunities that come with them.

As a valued client, we want to add value to your experience while also easing your mortgage concerns. One way we can do that is to provide information about the mortgage industry and the factors influencing its success.  Our website is your website. If we don’t meet your need, it is no better than a business card you file away and forget. We’d value your feedback. Will you help us out?

  1. Have a look out our new website
  2. Subscribe to our newsletter. Beside a face-to-face or phone call, this will be the best way to stay informed.
  3. Send us some feedback. Let us know what you would like to know more about.

We make the following three promises to you:

  1. We won’t inundate you with loads of pointless posts.
  2. We will listen to you to make sure our content is relevant.
  3. We will work to ensure you have the information you need to make decisions about your mortgage.

In these days of Robo-Advisors, machine learning and market disrupters, we feel there is a still an important place for quality, personal mortgage and human-centred financial advice. As existing clients, you already know this from your experience. We promise to never lose sight of what makes us different.

Easyswitch Mortgages

  • Information provided by Mortgage Solutions magazine 5th September 2017

How much can I borrow?

HOW MUCH CAN I BORROW?


That’s not an easy one to answer as all mortgage lenders have different attitudes to risk apply their own affordability calculations. There are many mortgage calculators that can give you an idea, but they are normally not much more than a basic multiple of your annual income, but it really isn’t that simple. Lenders will take into account all of the following when calculating their maximum figure:

  • Your occupation
  • Basic salary
  • Overtime, bonus, commission and whether paid annually, quarterly or monthly
  • Dividend income for limited company directors
  • Credit commitments such as credit cards and loans
  • Student loans
  • If a leasehold property the ground rent and service charges
  • Any ongoing maintenance payments
  • Other mortgage payments
  • The number of years you need to take the mortgage over
  • Whether a tracker rate or longer term fixed rate (yes, some lenders will offer more if you will be applying for a 5 year fixed rate or longer)
  • The amount of deposit you have
  • Do you have a good financial track record?
  • Do you have a poor financial track record?

Believe it or not this is not the entire list. But hopefully it gives you a good idea that there can be quite a lot of variance.

The good news of course, is that this is one of the many reasons to use a mortgage broker such as ourselves. We will find out about you and your plans, do all the hard work for you and then report back with options!