Whether you’re a first time buyer, home-mover, or even thinking about re-mortgaging, we can help you find the most suitable mortgage out there. Cooper & Parks, have spent many years building relationships with lenders and we know we can help you find the right provider.

First Time Buyers

We understand that buying your first property can be an exciting experience but also filled with difficult choices- Do I need a fixed rate? Should I have a tracker rate? At Cooper and Parks we take the jargon out of the process and give you simple and professional advice right until you are given the keys to your first home. We can deal with all of the communication with the Estate Agents and solicitors allowing you to get on the property ladder with minimal fuss.

Home Mover

If you haven’t used our services before then chances are when you purchased this property it was a stressful experience. Why not try us this time? Moving home not only changes your surroundings but it’s also a perfect opportunity to review your mortgage. Your options are to either keep your current mortgage and use the Portability option or look at new deals available. Let one of our experts help.

Help To Buy

This is a Government backed scheme introduced in April 2013 designed to help first time buyers or home movers to purchase a property up to the value of £600,000. There are 2 Phases

Phase 1 – The government will give you an equity loan of 20% of the property value and you would put in 5%. The 25% deposit means that you will have many lenders available and because of the deposit you will have a good range of interest rates available.

The government loan is interest-free for the first five years and borrowers will be charged a fee of 1.75% each year, this figure will rise in line with the Retail Prices Index each year after this.

Phase 2 – The Government gave another option to lenders. They would guarantee the mortgage against negative equity. You can put a 5% deposit and there will be no Mortgages Indemnity Premium as the Government Guarantees the mortgage. Bringing in Phase 2 meant that lenders are more secure and so made 95% mortgages more favourable.

Shared Ownership

Shared ownership is quite simple. You purchase a share of the property with a mortgage and the remaining share you pay rent on. The rent is paid to whoever jointly owns the property. This is where professional advice is needed as you really need to look at all your options available and if the costs work for you.

Remortgage

So you have bought a property and now you have a great initial rate but what happens when that rate ends? If you do nothing you have fallen into the trap of being on the lenders highest rate. We have a comprehensive range of lenders that can offer you another initial rate and some cover the fees of changing from one lender to another. Fees free remortgages are what we specialise in and it’s always good to look at the market and see what can be offered.

Other schemes

There are many schemes that have been available over the years. Let us help you through the maze

Overseas

Ever thought of owning a property abroad?
Maybe for the family or maybe as an investment?
We have lenders that can make a summer or winter home a reality.

 

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Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of £349, or 1% of the loan amount if greater, is payable on application.Typically this will be £349. We will also receive commission from the Lender.
Buy-to-let mortgages and commercial mortgages are not regulated by the Financial Conduct Authority. Cooper & Parks Financial Services Limited is an appointed representative of Openwork Limited which is authorized and regulated by the Financial Conduct Authority. Company Registered in England No.5419120.
The information on this website is for the use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country, which may have access to it.