Expert Mortgage Advice & £500,000 Mortgage Products Suitable For You
Let us put you in touch with expert mortgage advisors who will give you impartial advice and help you find suitable low % £500,000 mortgage products.
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Working with leading lenders ...
We work with high street and other lenders so you’ll get access to suitable mortgage products that you may be able to apply for.
Why use us?
From the information you provide to us, our experts will search the market and find the most suitable products for you. If you are happy with the product on offer, we will handle all the necessary paperwork for you, including any relevant applications, to ensure that everything runs smoothly for you.
From just a few minutes completing some basic information, we will quickly search for suitable financial products for you.
We’ve helped thousands of customers secure financial products and service so you know that you are in capable hands.
Reduced stress & time saving
Choosing the right financial product is time consuming and can be stressful, so remove much of this by putting it in the hands of one of our financial experts.
Whatever type of financial product or service you are looking for, our service is reliable and always matched to your own personal circumstances.
Whether you’re looking for Mortgage Advice, Loan Advice or Insurance Advice or any other financial product or service, we can help you…
“Did a great job helping us with our mortgage. I would recommend!”
So ... how can we help?
Buying a financial product such as a mortgage can be the biggest decision made in our lives. It is for this reason that impartial advice is critical from qualified advisors.
Find a suitable £500,000 mortgage deal
For many, a £500,000 mortgage is an extremely large amount of money to borrow, and before you do so, you should have all the information you need. By speaking with one of our expert advisers at Finance Advice Centre may assist you in getting the most suitable mortgage product for your financial circumstances. We’ll guide you through the application process and work with you to ensure that all the correct elements are in place to hopefully boost your chance of being accepted for a £500,000 loan.
Keeping up repayments on your £500,000 mortgage
When the lender has established the LTV (loan to value ratio), which will be based on your initial deposit, you will then need to provide evidence that you are comfortably able to meet the monthly repayments on your mortgage. This will take into account the outgoings that will be associated with your new property including utility bills, council taxes, potential service charges and other similar fees.
To work out how much you can expect to pay in your monthly repayments, think about the following:
- The type of mortgage you have applied for, whether it is a repayment or interest-only mortgage
- The interest rate being applied to your payments by the lender
- The length of your mortgage term, typically 30 years, but can also be 25. A shorter term will mean your monthly payments will be higher but could save you money in the long term as you will be paying interest over a shorter period of time
- If you are thinking about an interest-only mortgage, the lender will require proof of a suitable repayment strategy
Do you have a consistent income?
Those who are in regular employment and have a consistent wage will usually find it easier to secure a £500,000 mortgage. If you are self-employed or have a more complex income structure, your chosen lender will usually require proof of your earnings from the last two or three years to establish your eligibility for the loan. If you are thinking about beginning the process soon, it is advisable to organise all of your paperwork now.
Could you get a joint £500,000 mortgage?
If you are a single applicant, lenders will still consider your application fairly. However, if you are considering securing a mortgage on a £500,000 house, it could be advantageous to an application if the mortgage is jointly with someone else, such as a partner or close family member. This will mean both your incomes will be taken into account when determining how much you might be able to borrow, so you potentially could have a better chance of being accepted for a £500,000 mortgage.
Our approach - and how we do it
We love speaking with our clients. Either give us a call or fill in one of our contact forms. Remember, we love a challenge!
One of our Advisors will then find out what you’re looking to do, discuss your options and answer any questions you may have.
Your Advisor will find the best option for you and help arrange things. You then sit back and relax while we do the rest.
What to do if you need help securing a £500,000 mortgage
Our experienced team of advisers at Finance Advice Centre understand that a £500,000 mortgage is a big financial commitment. Your adviser will start by understanding your overall financial situation. They will then use their knowledge and expertise to find the most suitable mortgage products on the market to suit your circumstances and provide you with assistance to boost the chances of your mortgage application being successful.
As a mortgage is secured against your home it could be repossessed if you do not keep up the mortgage repayments.
Choosing a financial product or service, such as a mortgage, remortgage, loan or insurance can be daunting and your choice is a decision you need to get right. For this reason, it is vital that you get impartial advice from competent and qualified advisors. Whether you are a first-time buyer, looking to remortgage, hoping to remortgage or even buy a property to let, needing a loan or insurance this is where our advisers excel.
Be reassured that our aim is to guarantee reliable financial advice appropriate to any individual that makes contact with us. Through our network of contacts, we have access to thousands of financial products, from mortgages to loans to insurance, so we are confident that we’ll find one to suit you.
See what our customers think ...
I would highly recommend the mortgage advice service Alice Hale was amazing throughout she is a credit to your organisation and helped us secure our dream home
We had a long journey buying our first home together and recent pandemic events didn’t help matters. Every step of the way, our advisor Steve was supportive, positive and we had every confidence in him. He was able to arrange a good deal for us and we were able to move into our dream house this autumn.
I used George from the finance advice centre to get my mortgage, and he was nothing but amazing! Talked me through every step, always easy to get hold of ! And got me a brilliant product I would highly recommend him, just brilliant 5 stars from me
What a Fantastic Service from start to finish. Great customer support from Ben Patten & Joe Frayne, superb product knowledge and exceptionally responsive to emails/calls, we can 100% recommend the Finance Advice Centre Ltd , they got us a great deal on a mortgage with suited life insurance, especially during this very difficult Covid 19 time ……
From start to finish, Greig and Emily were very helpful with our mortgage application. The advice Greig gave us was very clear and informed. They were always available either by phone or email to answer any questions we had. The whole process was made a lot easier because of the work they did. Would thoroughly recommend
Let us do the work of finding your mortgage
We’ll put you in touch with impartial advice from an expert mortgage advisor who will help secure you the best mortgage deals available.