Mortgage Advice Cromer
Property Market in Cromer
Originally a fishing town, Cromer still thrives from the trade along with the tourism from its resort location and popular beaches. Cromer has a great selection of new, highly desirable retirement flats, quaint fishermen’s cottages and traditional Victorian terraces reflecting on its old heritage.
The majority of sales in Cromer during the last year were flats, selling for an average price of £166,079. Sold prices in Cromer over the last year were up 7%, Cromer, with an overall average price of £221,351.
Cromer Mortgage Advice
Nicola has over 12 years of experience working in high street banking and has recently joined The Mortgage Hut team. She has a great passion for reliable customer service and her previous experience allows her to apply this to her role as a mortgage adviser. Outside of work Nicola enjoys travelling and spending time with her family.
First Time Buyer Mortgage in Cromer
The Mortgage Hut are experts at giving help and advice to first time buyers who have little or no experience of the property market. First time buyers usually have a lower deposit than other buyers and are often penalised for this.
The Mortgage Hut can help first time buyers in Cromer fully understand your options and help take that first step onto the property ladder.
Help to Buy Cromer
Another option for those unable to borrow a large amount is a shared ownership. By purchasing a share between 25% and 75% of a new build property, you can then purchase further shares later down the line when you can afford it. The Mortgage Hut can help if you are looking for a Help to Buy property in Cromer.
Remortgaging Your House in Cromer
There are usually two main reasons to remortgage your home:
Your current deal is coming to an end - When you reach the end of your current fixed / tracker deal you will go back to your lender's standard variable rate (SVR). This may result in an increase in your interest rate and monthly mortgage payments.
You want to release equity from your home - The Mortgage Hut can help assess whether it is possible for you to release some of the money in your property which could help towards home improvements or repairs. We can assist you in weighing up any legal, valuation or arrangement fees and ensure that the new mortgage payments are affordable for your individual circumstances.
The Mortgage Hut have access to over 90 lenders with over 11,000 products that may not be available on the high street. The Mortgage Hut can help you if you are interested in finding out about remortgaging in Cromer to release money from your property.
Cromer Buy to Let
Perhaps you already own a portfolio of buy to let properties in Cromer and are thinking of expanding it? When it comes to getting a mortgage for your property, let The Mortgage Hut do the searching for you, we will search for the best buy to let mortgage deal on the market.
The Mortgage Hut - Enquiry Form
First Time House Buyer?
Looking for the most suitable deal on your first time buyer mortgage -contact us.