City Financial Ltd

First Time Buyers in Inverness

Buying your first home can be a daunting proposition. Our Advisers help people like yourselves on a daily basis to buy their first home. If you contact us prior to looking for a property we will assess your borrowing potential and tell you how much you can borrow to obtain a mortgage.

Our service includes submitting an offer for the property to the seller, arranging for the legal process with one of our panel solicitors and instructing a survey for a valuation for mortgage purposes.

Remortgages in Aberdeen

Switching your mortgage to a new lender and saving money is now very popular. In today's competitive market lenders are constantly providing ways for borrowers to save money by switching their mortgage from their existing lender to a new one.

Costs involved in switching your mortgage is a factor, for example; Legal fees, however we have a selection of lenders who have negotiated with their solicitors a package which will allow you to move your mortgage without the need for the additional expense of legal fees.

Buy To Let

Buying a property to lease out has become an attractive investment option for many people. Demand for rental property and better legal protection for private landlords has opened up opportunities for people to buy additional properties for leasing out.

We can help you through each stage of the process and advise the best scheme that suits your individual requirements.

Mortgage Advice

Self-employed
Being self-employed can sometimes be a disadvantage when looking for a mortgage from a number of lenders. Your income may be erratic or you may have recently become self-employed.

We at City Financial have access to a panel of lenders that will lend, provided you can declare that your income will be sufficient to make the monthly mortgage payments.

Switching Your Mortgage
Switching your mortgage to a new lender and saving money is now very popular. In today's competitive market lenders are constantly providing ways for borrowers to save money by switching their mortgage from their existing lender to a new one.

Costs involved in switching your mortgage is a factor, for example; legal fees, however we have a selection of lenders who have negotiated with their solicitors a package which will allow you to move your mortgage without the need for the additional expense of legal fees.

Student Mortgages
Paying rent for a student while at University or College can be expensive. Mortgages are available through special schemes to allow parents to afford a mortgage in their son or daughter's name which is secured on parents' income.

Mortgage Protection

These are a few different ways of protecting your monthly mortgage payment and your property, if the unexpected should happen.

Life Assurance
A decreasing term assurance designed to provide a guaranteed benefit on death or earlier diagnosis of a terminal illness. It is intended to cover Capital & Interest mortgages. Can be combined with Critical Illness cover.

Mortgage Protection Plans are a decreasing term assurance where the level of cover reduces over the term of the plan by a pre-set amount. This makes it ideal for use with a Capital & Interest (or repayment) mortgage where the mortgage amount reduces over the term of the contract. The reducing amount of cover usually means that the cost of this type of plan is lower than those with a level benefit.

Accident, Sickness & Unemployment
Accident sickness and unemployment insurance is designed to protect you if you are ever unable to work due to an accident, illness or involuntary redundancy.

Accident sickness and unemployment insurance covers not only your major credit agreements like your mortgage, credit cards or loan repayments, but also any other regular bill you wish to add such as your gas or electricity bill or even your telephone bill. With our accident sickness and unemployment insurance you decide how much cover you want. You can cover a maximum of £1,500 (up to a % of your income) and payments are made directly to you - tax free.

Buildings & Contents Insurance
With the backing of some of the UK leading insurance companies, we have an unrivalled portfolio of insurance products available. Whether you've just started looking or already own, we can help you buy, protect and maintain your home.

Income Protection
What would you do if you could not work due to accident or ill health? If you had a reduced income, how would you pay your mortgage?

What if you fell from a ladder and injured your back and were unable to go to work on Monday?

How generous would your employer be or, worse still, what protection would you have if you were self employed?

We all hope it will never happen but sadly, thousands of people are incapacitated unexpectedly who thought that it would never happen to them. Income Protection Insurance will pay you a liveable wage in the event of you being unable to work due to accident or sickness. Premiums are calculated on your occupation and benefit required you can normally specify up to 65% of your gross salary.