We Know Mortgages Ltd are a mortgage and insurance broker based in Manchester city centre. We provide a specialist and bespoke service to our existing and new clients. Please visit our website for more information.
- Manchester, Lancashire, Yorkshire, Merseyside, UK
|Address||1 Portland Street|
|Phone Number||016 1242 6878|
From Our Website
We Know Mortgages are an independent mortgage advice company with over 11 years experience in the industry. We've helped thousands of people with their mortgages and better understand the process of buying property. We understand the importance of knowing how much you can borrow before seeing property. Don't wait up to 3-4 weeks to talk with your bank. We are a mortgage broker who can get Agreements In Principle and answer your questions quickly. We work with over 70 lenders and have visibility on over 1000 mortgages including exclusive deals.
Time for a chat? We believe our success in helping people in the property market is from actually listening to our clients. We're not an online comparison site, we're not a bank with a call centre; we are an independent company employing real people with years of experience working in the mortgage industry. Over the phone or face to face, we see many clients with different circumstances and needs. First time buyers, remortgage, buy to let, shared ownership, Help to Buy mortgages; As a mortgage broker we will find you the right first charge mortgage based on your needs, circumstances and preferences.
A remortgage, is also known as refinancing. The remortgage process involves obtaining a new mortgage to pay off the existing mortgage on the same property. Remortgages are determined by the value of a property and the loan amount required; this gives a Loan to Value (LTV), seen as a percentage; mortgage lenders in turn offer specific products deals based on Loan to Values i.e. 70%LTV; 80%LTV; 90%LTV. Generally, mortgage lenders offer incentives for remortgage applicants i.e. free basic survey or free legals; based on specific Loan to Values.
Life Insurance protects your family and mortgage with a single lump sum if you die during the plan term. Your loved ones will get a guaranteed lump sum paid out if you die during the period of the cover. This is where the amount of cover remains the same throughout the term of the plan. For example, if you take out a 200,000 worth of cover over 25 years, the amount payable would still be 200,000 if you died at any point during that 25 year period. This type of insurance is suitable for customers whom have an 'interest only mortgage'.