Mortgages Made Simple | Cross Point Financial
A mortgage is likely to be the single largest financial commitment you ever make. There's a wide range of mortgage products out there, with varying interest rates and repayment options available. It can be difficult to know which is best for you.
Whether you are looking for first time buyer mortgage advice, advice on remortgaging, or something else, Cross Point Financial is on hand to help. We strive to support all our clients in buying a home, wherever we can.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Some bridging finance is not regulated by the financial conduct authority.
A bridging loan is taken out to ‘bridge’ the gap between the purchase of a new property and the sale of an existing one.
Loans are generally short-term and secured on the existing property, but repaid as soon as this is sold.
‘Bridges’ may help you secure your new property, but you should be aware that they can be expensive and if the sale of your existing property falls through, you will be left paying two loans at once.