We’ve teamed up with BFG Mortgages, to offer you expert advice on the right mortgage deal. Whether you’re buying a new home, remortgaging to a new deal or buying an investment property, BFG can help – and you’ll pay no fee for their advice. BFG can help serving members of the Armed Forces and Veterans.
Call BFG Mortgages on 0044 1323 732 312 and quote Trinity Insurance
Who are BFG Mortgages?
Since 1987 BFG Mortgages sole purpose has been to provide the right mortgage to the Armed Forces clientele.
They are often asked about the issues arising from BFPO addresses but this is nothing more than perception. The mortgages they attain for our Armed Services are tailored to overcome the usual problems you might have encountered so talk to them first.
They really are experts in their field and have tailored their services for you.
The starting point for any financial undertaking is understanding your position. This is something that BFG can and will assist you with.
For example, credit reports. We all know about them but do we really understand what they mean and how they can impact our financial lives?
BFG, with your assistance, will look at your report prior to making any mortgage application. This will help and inform both parties to either press ahead or to outline ways your position can be improved. This is done in a safe, non judgemental way so please do not worry, they are on your side and there to help.
Mortgages – Introduction
The key to the door is not as far away as you might be thinking. Perhaps you just don’t know what to think as there is a such a jumble of information. That the pathway seems littered with obstacles such as BFPO addresses and the like.
You may have already gone through a traditional mortgage application process and been turned down and maybe that has left you feeling that there is little hope.
BFG mortgages have a long and successful history in attaining the right mortgage for our Armed Forces. Why? Well it’s all they do. It really is, they don’t dabble in the non-military market, this is it. As such they have brokered lending deals specific to you and your circumstances to ensure the perceived hurdles no longer exist.
They will work with you to pull all of the elements together; financial understanding, Help to Buy options, Re-mortgage choices, lending applications, insurance requirements, professional services and financial planning. That’s it. So what are you waiting for?
Help-to-Buy – Explained
There are two forms of help you might be able to receive.
1. Government Help To Buy for New Build properties only. If applicable you can receive 20% of the purchase cost to put towards your initial deposit.
Some think that the government have ownership or their name on the deeds; this is incorrect. You will own the property and only your name/s will be on the title deeds. However the 20% help needs to be repaid after 25 years on the current value OR if you sell before that time, the amount paid back is 20% of the sale value.
In addition to this first offer of help is the second option.
2. Forces Help To Buy. Now this is something offered to our Serving Armed Services Personnel to get you on the property ladder subject to meeting the qualifying criteria. However, if you do qualify, you can receive up to 50% of your annual salary, to a maximum of £25,000.00 to assist with your deposit and professional fees.
BFG will help and advise with regards to the terms and conditions and application process.
Re-mortgaging your property
Along with attaining first time mortgages BFG also specialise in brokering re-mortgages on behalf of existing clients.
They also specialise with investigating the option of clearing your existing Shared Equity, (Government Help to Buy, HomeBuy Direct and FirstBuy), whilst re-mortgaging.
As with new lending arrangements they work with mortgage lenders whom understand the circumstances of Armed Forces Personnel. So before going the traditional route to re-mortgage your home, speak to them and find out how we can help.
About BFG Mortgages
BFG Mortgages is a trading style of Nigel Paul Garside, who is an Appointed Representative of Mortgage Intelligence Limited which is authorised and regulated by the Financial Conduct Authority under 305330 in respect of mortgage and insurance and consumer credit mediation activities only.
About Trinity Insurance
- Our products are designed specifically for the Armed Forces Family
- We operate under the time honoured military values; service, loyalty, integrity and trust
- Our 20 years experience in the military insurance industry
- Quality protection for great value
- We will never sell you anything you don’t need
- No hidden charges
- Simple, straight forward process to buy online, over the phone or face to face
- Experienced team offering you support on base across the UK, Germany and Cyprus