Custom Mortgage Solutions Ltd.
2 Ulysses House, Ulysses Park, Heron Road, Exeter, Devon EX2 7PH
t: 01392 353890 - f: 01392 368170 - e: admin@custommortgagesolutions.co.uk

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Frequently Asked Questions
Are there any penalties for early repayment?

This will depend on the lender and the mortgage you choose. ...

Can I remortgage to raise funds for any purpose?

Yes, as long as itís legal you can use the funds raised by your remortgage for any purpose i.e. holi...

more testimonials

Right to Buy Mortgage

If you are a council tenant, The Right To Buy scheme enables you to buy your home at a discounted price, provided that you have been living there for two years and meet the other qualification criteria.

We understand how daunting it can be when you are faced with all the potential issues associated with buying your council house. Have you requested your Right To Buy documents from your landlord? Do it now. You’ve then got a year to finalise the purchase. Be warned , Right To Buy purchases can take a long time to complete. With recent property rises and lower interest rates it may be that you could be paying out less on a mortgage than in rent.

Accepting the council’s offer to purchase your home can be an excellent way to get on the property ladder without the bother of saving for a deposit.



Cost Comparisons
Right to Buy - The overall cost for comparison is 4.6% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration. Rate correct as of 01/11/2010. This information can become outdated.

Bankruptcy/IVAs/CCJs - The overall cost for comparison is 5.0% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration. Rate correct as of 01/11/2010. This information can become outdated.

Self Employed - The overall cost for comparison is 4.1% APR. Rate correct as of 01/11/2010. This information can become outdated. The actual rate will depend on your circumstances. Ask for a personalised illustration.

You have no need to worry as we take care of the legal services and arrange for a solicitor to act on your behalf. This all adds up to a Right To Buy hassle free process.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

There will be a fee for mortgage advice. The precise amount will depend on your circumstances but we estimate it to be £595.