Frequently Asked Questions
What Loan Types Do You Offer?
Unsecured Loans
Unsecured Loans are available for tenants and homeowners for any purpose with quick decisions.
Can you say YES to the following questions ?
- You have had no more than two continuous jobs in the last three years.
- You have had no more than two UK addresses in the last three years.
- You are on a minimum of £5,000 salary per annum, benefits cannot be counted.
- I am over 21 years of age.
Secured Loans
Branton Finance will source your Secured Loan from a limited panel of Lenders for a competitive rate and a finance package to suit your needs. A secured loan is usually an additional loan secured on your property.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Remortgage
First Time Buy Mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage.
Second Purchase Mortgage
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Moving Home Mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage.
Council Right To Buy Mortgage
Your home may be repossessed if you do not keep up
repayments on your mortgage.
The overall cost for comparison is 9.5% APR. The actual rate will
depend on your circumstances. Please ask for a personalised
illustration.
Buy To Let Mortgage
Your property may be repossessed if you do not keep up repayments on your mortgage.
Equity Release - Lifetime
Mortgages
For equity release mortgages A fee of 1% of monies raised subject to a minimum of £995 and a maximum of £5,000. For example if monies raised amount to £150,000 a fee of £1,500 will be payable. Similarly, if monies raised amount to £50,000 a fee of £995 will be payable. A sum of £500 will be due and payable on completion of our research with the balance of the monies due and payable on completion of the transaction. We will also be paid commission from the company that either buys your home or lends you money.
Let To Buy Mortgage
Your property may be repossessed if you do not keep up repayments on your mortgage.
Life Insurance
Branton Finance will source your most appropriate life insurance policy from a panel of leading companies saving you time and money. Life insurance, also known as life assurance, is a policy that pays out a sum of money upon the death of the policy holder or insured person. Life insurance policies are usually available on a single or joint life basis and can include additional cover for critical illnesses such as cancer.
Income Protection
Branton Finance will source your most appropriate Income
Protection policy from a panel of leading companies saving you time
and money. The main benefit of an income protection policy is that
you have peace of mind should you fall ill, suffer an accident or
be made unemployed that you can continue paying those vital monthly
bills if you can't. For Mortgage payment protection insurance we
offer products from a selected panel of providers.
How we are paid
During our initial meeting or telephone conversation, we
will be completing a detailed mortgage financial
review/questionnaire to enable appropriate advice to be given on
your mortgage and other related insurance products. We will also
outline how we are paid and how we operate as Whole of Market
Mortgage Brokers this is explained in our "Key Facts about our
services" document. Once we have made our recommendations to you,
we will confirm our advice in writing. You should keep this as it
will be an important record of our discussions.
Details of the loan will also be confirmed in
your lenders formal offer. As Independent Mortgage Brokers, you can
choose how we are paid; we can be paid by commission or a fee
(usually £295). Once we have discussed these options with you,
we will issue you with a "Key Facts about our
Services" document outlining out what services we
offer and how we are paid.
In peak times of receiving leads, we may pass the lead to
alternative reputable independent brokers who may charge a
different structure to that of Branton Finance or Kelly Mortgage
Solutions. This will be highlighted and advised at first point of
contact with such company.
