We have a wide range of Mortgage Offers
At Revilo we believe everyone has the right to free independent mortgage advice, whatever your circumstance. Whether you prefer to deal with us online, over the phone, or in branch over a hot cup of coffee – the choice is yours!
A house purchase is often considered as the most important/biggest financial transaction we will ever go through. We understand that the market is full of jargon and doubt and that’s where we’re here to help.
First time buyers are typically regarded as someone who hasn’t owned a property yet, however, there are lenders who will consider you as a first-time buyer in the last 3 years.
FREQUENTLY ASKED QUESTIONS
5% is still the minimum requirement
At Revilo Mortgages, we have access to thousands of products to ensure that we have access to the best product for you. We’ll take into account, interest rate, product fee’s, valuations fees and other costs to make sure you’re getting the best value deal!
You can have a choice from Fixed, Variable, Tracker, and Discount Rates but it’s important to make sure you chose the right product for you. Give the team a call today to find out more about these options
GET IN TOUCH TODAY
01706 509239
Guarantor mortgages are now considered under Joint Borrower Sole Proprietor Mortgages, follow the link below to find out more!
Here at Revilo Mortgages we like to think of ourselves as problems solvers and will work tirelessly to ensure that we can make your dreams come true.
We’ll review the affordability prior to you getting the house on the market to ensure that the options are possible. Some tricky criteria? Then we can have a look to ensure that we’re aware of the options and any complications we might encounter and how to overcome these.
FREQUENTLY ASKED QUESTIONS
5% is still the minimum requirement
At Revilo Mortgages, we have access to thousands of products to ensure that we have access to the best product for you. We’ll take into account, interest rate, product fee’s, valuations fees and other costs to make sure you’re getting the best value deal!
GET IN TOUCH TODAY
01706 509239
Guarantor mortgages are now considered under Joint Borrower Sole Proprietor Mortgages, follow the link below to find out more! (LINK TO JBSP PAGE)
Is your current deal coming to an end or are you just hoping to borrow some more money on your existing mortgage; either way Revilo Mortgages can help you! If you’re coming up to the end of your current mortgage product, then don’t wait to get in touch.
FREQUENTLY ASKED QUESTIONS
Typically, around 6 months from your current mortgage products expiry. This ensures that you don’t have to pay any Early Repayment Charges if they’re applicable to your account
It depends on the deal you select. Many lenders these days often offer either a free legal service, or cashback towards your own solicitors if you’d prefer to use someone else.
These are offered by most lenders to encourage existing mortgage borrowers to stay with them. Lenders will often offer slightly better rates than available on the market to make them an attractive stay
A great option for clients who need a boost with affordability! This type of mortgage will allow you to solely be on the mortgage deeds, but for another applications income to be used for affordability.
It’s important to remember that the joint borrower will still be responsible for the mortgage if the main applicant doesn’t pay meaning it will show up on their credit file.
FREQUENTLY ASKED QUESTIONS
5% is still the minimum requirement
Some lenders will require it to be a family member, however, we do have some lenders who have no restriction on this
Not above the lenders normal criteria! There are no special schemes that you must purchase through.
The maximum that lenders will allow is 4, and we have lenders who can accept all 4 incomes.
For most lenders, term will still be based on the eldest applicant. However, some lenders will allow them to take past retirement age
Have you seen a stunning new build property that you want to purchase? Well, we’re here to help! We have plenty of lenders who have specific teams dedicated to new build applications meaning that you’ll receive the best service possible.
We also understand that delays are quite common in these purchases and therefore we have lenders who can offer mortgage options of up to 12 months when including their extension periods!
FREQUENTLY ASKED QUESTIONS
We do have access to several lenders that have a minimum requirement of 5% on new build purchases
Yes! As long as the development site has applied for Help to Buy then this is something that we can assist you with.
Yes! Some lenders will allow developers to include incentives such as deposit contribution, cashback or internal items such as carpets or white goods. These must be disclosed to your lender to ensure that criteria is met.
We understand that when looking to purchase a home as a high-net-worth individual isn’t the easiest. Therefore, we work with several lenders that specialise in this market.
Once you get over a mortgage of £500,000 some lenders will drop out of the market. Interest rate is vital no matter the size of the mortgage, but once you get over £500k it’s critical that you find the best option and that’s where we come in!
We understand that at this level clients often receive income through different means such as dividends, trusts, investments, pensions, and bonuses. We offer all our clients a quick and quality service to ensure that you needs are met. We’ll always make ourselves available to fit your busy lifestyle
FREQUENTLY ASKED QUESTIONS
Lenders in more recent years have started to cater more to the large loan market, meaning there are often product dedicated to larger mortgages. We’ll review the market to ensure that you’re getting the best deal possible
Some lenders have specific teams dedicated to larger mortgages. We work with these Banks and Building Societies every day to ensure that you receive the quickest and best possible service.
Some lenders may see this as an issue, whilst others will take the common-sense approach to why this has happened. Here at Revilo Mortgages we’ll use our keen industry knowledge to ensure that the lenders will work with us to purchase your dream home.
Being Self-Employed or a Contractor can provide you with flexibility around when and where you work and is become a much more attractive lifestyle for many people. However, it often comes with questions around the plausibility of purchasing a new home or remortgaging an existing one.
We can help with the following mortgages:
FREQUENTLY ASKED QUESTIONS
As long as you’ve got a 12-month track record, and your first set of tax returns complete then yes we can help with!
No! For most lenders, they’ll allow the same deposit options for self-employed and employed clients
Some lenders won’t consider adverse credit, whilst some will do. It’s important to speak with a whole of market broker (Obviously us!) to ensure that you’re getting the best possible mortgage option
Whether you’re a first time or portfolio landlord we can help you!
As investors ourselves, we understand the importance of speed and cost. Therefore, we work with specialist lenders who will make your life easy. You can purchase through a personal name, or a limited company depending on which would work out best for you.
FREQUENTLY ASKED QUESTIONS
You’ll require an absolute minimum of 20% to purchase a new BTL, however, most lenders will sit comfortably at the 25% deposit mark if this is achievable.
You can do! However, you may find that there’s a few extra checks for affordability as this will be classed as a consumer buy to let meaning that it’s a regulated transaction.
With BTL mortgages, your standard age restrictions don’t apply as they’re self-funding. Therefore, you can often see lenders offering terms past the age of 75 years old even into your 80s
Whether you’re after Modern Contemporary, traditional brick and block, or an eco-home, we can help you. There’s no such thing as one size fit’s all when it comes to building your own home and here at Revilo Mortgages
With exclusive options we can offer a wide range of options and benefits that you may not be able to find elsewhere. Funding can be obtained quickly and easily through our lender contacts and packagers.
FREQUENTLY ASKED QUESTIONS
It’s an interesting question as a lot of lenders and broker will say now. However, with our specialist panel we’ve got lender who could consider this!
Nope, you don’t need to own this beforehand as we can help with this funding if required.
You’ve got great flexibility around how you have this paid; it can be paid in arrears or beforehand, and in different stages! We can make it suit your stile and build timeline.
Not only can we help with residential mortgages, but we’re proud members of the National Associations of Commercial Finance Brokers (NACFB) meaning we have access to a wide range of High Steet and Challenger banks to suit your funding needs. We have experience in the following types of mortgages:
Commercial mortgages are not one size fits all and our team understands this, therefore you’ll receive your own dedicated case manager to deal with all your funding needs.
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Revilo Financial is a Trading Style of Revilo Life Ltd
Revilo Life Ltd Company Reg: 10245939
Revilo Life Ltd is authorised and regulated by the financial conduct authority FRN: 792586
Revilo House
Bridgefold Road
Rochdale
OL11 5BX