The New Mortgage Charter

You may have heard from the media that most lenders have signed up to The Mortgage Charter and are wondering what it means to me to you?

The aim is to help residential mortgage customers who are worried about higher mortgage interest rates or are facing financial difficulty.

Most lenders have agreed to offer the following support:

Switch to interest only payments for 6 months Extend their mortgage term to reduce their monthly payments with the option to revert to their original term within 6 months without an affordability check.

If you are worried about your mortgage payments and want to check affordability, please get in touch.

(c) Ann Evans of Immediate Mortgage Solutions

Website by RH Elite Services

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YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity. Please note if we recommend a Product Transfer with your existing lender then no mortgage advice fee will be payable, we receive commission from the provider.

Immediate Mortgage Solutions Ltd is an appointed representative of Mortgage Advice Bureau and Mortgage Advice Bureau Limited which are authorised and regulated by the Financial Conduct Authority. Immediate Mortgage Solutions Ltd is registered in England & Wales no. 08390051. Registered office: 1623 Warwick Road, Knowle, Solihull, West Midlands, B93 9LF.

The guidance and/or information contained within this website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. This website is intended for people over 18 years of age who are resident in the UK only.

The website and the information contained therein should not be regarded as an offer or solicitation to conduct business in any jurisdiction other than the UK. These pages provide generic information about various aspects of financial Conduct advice that we provide. We hope they are helpful to you but they do not on their own add up to recommendations and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. Contact us for further advice to enable you to make an informed decision based upon your individual circumstances.