|
|
CCC's
Mortgage Providers
At
CCC Financial, First National Mortgage Company deal with a number of top mortgage and loan providers. The
main mortgage providers are listed below with links to the loan providers
and mortgage providers going to a brief synopsis of loan providers and mortgage
providers services on other pages.
CCC are constantly upgrading and enhancing loan providers and mortgage providers
listings and this list is being constantly improved and enhanced.
A First National Mortgage Company
First National Mortgage Company is part of First National Bank plc, one of the UK's leading finance groups, which in turn is owned by the Abbey National Group.
First National Mortgage Company offer an innovative range of products to suit all your mortgage requirements, whether you are selfemployed, running your own business, looking to remortgage, have experienced financial difficulties or a firsttime buyer.
First National Mortgage Company offer a first class service designed to offer clear levels of information, so you can make an informed decision on a mortgage to suit your individual requirements.
First National Mortgage Company have a dedicated team of mortgage staff, happy to guide you through from start to finish and ready to answer any questions you may have. They also have a strong national network throughout the UK, with established markets and strong lines of communication.
First National Mortgage Company take a flexible approach to lending aimed at minimising paperwork and maximising turnaround times. Interest is calculated daily on all products and in the case of capital repayment, additional repayments between £500 and £5000 are allowed in any one year, at no extra cost.
What's more, with the support and expertise of the Abbey National Group behind them, you can relax in the knowledge that with First National Mortgage Company you're dealing with a company you can trust.
First National Mortgage Company
Range of Mortgages
First National Mortgage Company offers a wide range of mortgages, to suit
home buyers and home owners in most situations. Their loans are flexible,
fair and reasonable.
First National Mortgage Company Standard Variable Mortgage
First National Mortgage Company Standard Variable mortgage is a straightforward
loan for buying a house, at a competitive rate of interest. The rate will
vary from time to time (up or down) if bank base rates change.
Fixed Rate
A Fixed Rate mortgage will suit you if you need to know that your monthly
repayments won't increase for a certain time. First National Mortgage Company
offer mortgages fixed for two or five years. When the Fixed Rate ends, your
mortgage will revert to the relevant prevailing variable rate.
Self Certified Mortgages
If you are selfemployed, but you can't (or don't want to) provide proof of
your income to First National Mortgage Company to get a loan, their Self Certified
mortgage could be for you.
When you self certify, you simply confirm to First National Mortgage Company that you have enough income to cover your mortgage repayments and other outgoings. First National Mortgage Company ask for no other proof or evidence of income.
If you self certify an application on Standard and Fixed Rate products, and your loan is less than 85% of the value of the property, you can get up to a further 5% after 12 months, up to a maximum loan of 90% of its value.
First National Mortgage Company Manageable Mortgage
The First National Mortgage Company flexible loan, the Manageable mortgage,
was acclaimed as one of the best available 'tracker' mortgages when they launched
it. Then they made it even better.
With the Manageable mortgage, your money can really work for you. Its features include:
Basic
Rate tracking you'll never pay more than 1.24% (1.74% for Self Certified
loans) above the Bank of England Base Rate and First National Mortgage Company
will adjust the interest rate on your mortgage in 3 working days when Base
Rate changes.
Overpayments if you choose to make overpayments you could pay your loan
off early, and save yourself substantial interest. As interest is calculated
on a daily basis, if you make any additional payments, you will save money
straight away.
Convenient cash if you do overpay, there are no worries about tying up your
spare cash. If you need it later, First National Mortgage Company will return
it to you. There is no extra cost, they just need 7 days' notice.
Take a break if your finances are stretched, you can even take a payment
holiday, or reduce monthly repayments. After six consecutive full payments
have been made, First National Mortgage Company need just one month's written
notice to take advantage of this feature.
First
National Mortgage Company Fresh Start
Had financial problems? You'll relish the opportunity for a fresh start. The
First National Mortgage Company Fresh Start range can provide it. It's for
people who have had difficulties, but who are now able to take on regular
monthly mortgage commitments.
The interest rate at the beginning and the amount you can borrow will vary according to your circumstances but First National Mortgage Company think you will find a product to suit your needs.
Make 12 consecutive payments on time and in full and First National Mortgage Company will reduce your interest rate by 0.5%. After 3 twelve month periods like that, they will bring your mortgage rate down to their Standard/Self Certified Variable Rate.
Fresh Start Plus
If you've considered remortgaging but have been put off by your current lender's
redemption charges, Fresh Start plus could be for you.
First
National Mortgage Company will make a payment on your behalf to your current
lender, of either 3% or 5% of your mortgage with First National Mortgage Company,
towards your current lenders charges for early redemption (the Redemption
and Disbursement Payment). Any surplus can be forward directly to you. Whilst
First National Mortgage Company will not charge interest on this amount, it
will be repayable to them in the event you redeem your loan within three years.
First National Mortgage Company Fastrak Service
Fastrak is a new way to manage the legal administration of a purchase or remortgage
application.
Using the Fastrak service for remortgages means no solicitor will be instructed to act for First National Mortgage Company. This could save both time and money when compared to a traditional remortgage conveyancing process.
The Fastrak remortgage service cannot offer legal advice to the applicants regarding the remortgage process. Should an applicant be unsure of any aspect it is recommended they seek independent legal advice.
The Fastrak service is also available for purchases (with or without a simultaneous sale). This streamlines First National Mortgage Company's requirements with regard to the legal administration of the mortgage. Unlike the remortgage process a solicitor is involved and will act for First National Mortgage Company and offer legal advice and guidance to the applicants.
© CCC Financial
sub prime lender
offering secured
and unsecured loans
UK.