Mortgage Deals Guide V
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Valuation
A check of a property in order to find out how much it is worth and whether it is suitable to lend a mortgage on.
Valuation Fee
A fee payable to the lender to check what a property is worth and if it is suitable to lend a mortgage on. An Independent Mortgage Advisor will help find lenders that include free valuations within their product features.
Variable Rate Mortgage
A variable rate mortgage is one in which the amount you repay increases or decreases in line with any interest rate changes. This means that you cannot predict the monthly cost of the borrowing, which could cause financial concerns within the mortgage period.
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By providing your email address you are giving your express consent to be contacted by a qualified advisor in order to discuss your mortgage requirements.
Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured against it. You may have to pay an early repayment charge to your existing lender if you remortgage. The overall cost for comparison is 8.9% APR the actual cost will depend upon your circumstances.
We do not charge for our service. Some buy-to-let and commercial mortgages are not regulated by the financial services authority.
Mortgage Fix Ltd is a no longer a whole-of-market UK Independent Mortgage Broker. Full details of other advisers are available at the FSA web site www.fsa.gov.uk/register.
