Mortgage and protection adviser slides

1. First Financial Solutions (Wales)

2.  Based in Fforestfach, Swansea
 Directly Authorised by the FSA
 Fully Independent
 Four advisers
 Company is nearly six years old
 Client focused
 Interested in long term

3.  Purchases
 Re-mortgages
 Buy To Let
 Let To Buy
 First Time Buyers
 Self Build
 Secured Loans
 Life and critical illness cover
 Family Income Benefit
 Income Protection/redundancy cover

4.  Plenty of 90% deals
 Some 95% deals
 A lot of competitiveness back in market
 Housing market expected to rise this year
 Government schemes – Help to
Buy..................Also available for people
moving home

5.  Raise money to fund home improvements
 Build extension – many looking at this as
alternative to moving
 Secure some very competitive deals
 Raise money to purchase BTL
 Plenty of people on high SVR’s unaware of
savings they could make

6.  If tied in to current mortgage
 Pay debts
 Extend
 Invest etc
 Short term

7. Property Value £150,000
Mortgage £100,000
Term – 20 years
Currently paying 5 yr fix @ 5.99% = £725pm
SVR @ 4.99 = £659 per month (saving £66pm)
Remo to 2.04% = £507pm (£218pm saving)

8. Property Value £120,000
Mortgage £72,000
Term – 14 years
Credit cards - £6500 – min payments £182pm
Currently paying 3 yr fix @ 4.69% = £593pm
Remo to 2.09% = £544pm (£232pm saving)

9.  New job – not started
 Inter family purchase
 Debt consolidation – 95%!!
 Repossessions
 Auction finance
 Re-mortgage – raise funds purchase - LTB
 2nd home

10.  Get mortgages where nobody else could –
Dawsons staff!
 Quirky cases
 Mortgage Market Review (MMR)
 Off high street lenders – Precise/Kent
Reliance/Newcastle/Kensington/Mansfield/
Keystone