Mortgages/Finance

Buying a home can be a complex and stressful proposition at the best of times, however, add into the mix your employment status and matters can become even more convoluted. Some of the issues that may be encountered are:-

• Period self employment or running your business – This includes individuals that have only recently commenced trading and do not yet have a full year’s trading behind them or even have prepared accounts for their first complete year.
• Medium through which an individual carries out their business – There is a multitude of options available to clients and each has its own nuances. A key to a smooth mortgage process is being aware of these and how to overcome them.
• Time – That which we all wished we had more of. Spending time away from your daily roles may not be an option and often it is the last thing you wish to be addressing after a busy week and one that may be spent working away from your families. Indeed, even with the benefit of the Internet, headline rates may not always be accessible for reasons mentioned above. Setting time aside to carry out your own research is not likely to be cost productive and can become a protracted and exhaustive process. Even if you do proceed to do it all yourself, can you be satisfied that you have ultimately selected the best deal?

Why use Warr & Co?

Our financial services partners, Jeff Crewdson, Steve Prosser and Chris Raggett between them have over 30 years experience as Independent Financial Advisers (IFAs) dealing with accountancy clients. Through a combination of modern technology and personal knowledge and expertise they can source a mortgage that truly reflects your personal circumstances from the whole market place.

In the changing regulatory environment, Warr & Co have committed to remaining independent in both financial advice and mortgage advice, and are happy to adopt a fee charging or commission based structure as appropriate.

Key facts about our mortgage services (Word doc)

Warr & Co. is authorised and regulated by the Financial Services Authority (FSA – member number 169591) to advise upon mortgage products. We are obliged to adhere to strict standards set by the FSA with regards to the way we conduct our business activities and maintain our records. The FSA requires ourselves to issue a Key Facts Illustration (KFI) to you before an application is made in respect to the mortgage product being recommended.  We are bound by the rules of the FSA, and you are free to check the FSA’s Register by visiting website www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234. 

Unless specifically stated, Warr & Co. will provide advice and a recommendation as to which mortgage is most suitable for your individual circumstances.

What can we do for you?

Free informal assessment and preparatory research – From this we can provide you with an initial idea of rates and terms based upon your individual circumstances. This will allow you to determine the feasibility of a prospective transaction, be it a purchase or remortgage.

Obtain an agreement or decision in principle – Often new build developers or estate agents require this to determine the solidity of your offer on a property and consequently your ability to progress further. The production of this can sometimes strengthen your position against competing purchasers. This can also be of particular benefit to first time buyers to instil confidence that they can take that first step on to the property ladder.

Explain the house buying process – Particularly for first time buyers, the process of buying your own home can be considered a daunting affair.  Together with your solicitor, we can advise and ‘hold your hand’ along each step of the way. Feel free to browse our comprehensive mortgage pages for further information in this regard.

Explain our ‘reasons why’ we have recommended a mortgage – We will do this by way of both a KFI and our own report, the former detailing the particulars of the mortgage and the latter why specifically it was recommended. We undertake to do this on all mortgage recommendations, thus providing you with complete clarity in the mortgage process.

Complete paperwork – The value of this is often under-estimated, particularly when you consider that lenders’ mortgage applications can often resemble an edition of War & Peace. In most cases, we can arrange a client meeting if required, thus assisting with the packaging of the application, which can often be crucial to it’s likely acceptance.

Offer you tried and trusted conveyancing facilities – A large proportion of our business comes by way of referrals from existing clients and also professional introducers. Equally, as introducers are happy to make recommendations in our favour, we are happy to recommend solicitors that have dealt with clients of ours and provided an excellent standard of service. In this regard we can recommend the following: -

Domestic / residential - Mr Keith Waterhouse

or

Commercial - Ms Caroline Brew

Chafes Solicitors
20 Market Place
Stockport
SK1 1EY
Tel No. 0161 477 1525
Fax No. 0161 480 3731

www.chafes.co.uk
Email Keith at keith.waterhouse@chafes.co.uk
Email Caroline at caroline.brew@chafes.co.uk

Warr & Co does not receive any financial remuneration from referrals in this manner.

What now?

If you would like to discuss your mortgage requirements with us, please give Jeff Crewdson, Steve Prosser or Chris Raggett a call on 0161 477 6789 or alternatively email with us some basic mortgage details and contact information on finserve@warr.co.uk.

Beforehand, you may wish to acquaint yourself with information in the following sections. If of course you still have any queries, please do not hesitate to contact us.

Warr & Co – FSA Registration No. 169591
Consumer Credit License No. 900009
Company VAT Registration No. 603776145

All mortgages are secured against property.

Think carefully before securing debt against your home or other property.

Your property may be repossessed if you do not keep up repayments on your mortgage.