Probably the biggest commitment of your life and a sign that you have to be a truly responsible adult. This may be a single pad, a new family home or more children may be driving you to a bigger home, you may be buying to rent or you may be retiring and looking for an easier life- this is a huge decision whatever your situation.

You need to figure out what you can afford, what your costs will be after you buy the house, whether you want to repay the mortgage each month (repayment) or whether you want to do your own separate savings (interest only); whether you pay over the shortest or longest time; whether you want a fixed or variable rate; how much deposit should you put down; what would happen if you couldn’t afford it in the future?

We believe that lenders are more risk-averse than ever, yet property prices are rising, quickly in some parts of the country. The Mortgage Market Review commences in April 2014 and lenders will be under more scrutiny to make sure you can afford the mortgage. Why not get some help from people with real experience?

Mortgages through IFS

Some firms will argue that the only way to get high quality service is to pay for it. We disagree with this view and do our best to provide the best possible service without the need to charge any additional fees for it. We do this because our experience tells us that our clients repay us by using other services we offer and recommending us to our friends and colleagues.

Therefore for most mortgages we arrange we rely solely on the commission paid to us by the lender and charge no fees to you whatsoever. This commission is declared in all the Illustrations we produce and typically ranges from 0.30% to 0.45% of the mortgage loan.

On occasions it is necessary for us to charge a fee for our professional services alongside the commission paid by the lender. This is normally because the mortgage loan is too small to generate sufficient commission or because the complexity of the mortgage finance merits the additional fee. Typically this fee can range from £195 to £495. The fee will be discussed and agreed with you from the moment we start work on your behalf.