Book a mortgage review

At Franklyn, our friendly and professional mortgage advisers can support you in reviewing your current deal and help you explore your available options. Use the form below to book a review at a time convenient to you.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Helping you plan for now and the future

Specialist mortgage advice
Our team can help you make informed decisions and avoid costly errors.

A mortgage market overview
We look at products to help find the right deal for you.

The bigger picture
Your mortgage is just one part of your financial plan, so we make sure it works alongside your planning and other products.

A proven track record
We’ve been helping clients with their mortgages since the launch of Franklyn in 1999.

Book a mortgage review

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Residential Mortgages

At Franklyn we believe that, like every aspect of your finances, your mortgage should work hard on your behalf.

Many borrowers are unaware that they are paying too much for their mortgage, so we’ll sit down with you face-to-face, assess your financial situation and search the market for the right mortgage for you. Whether you’re a first time buyer, investing in a new home, helping a family member get on the property ladder or remortgaging, we’ll find you the right deal.

In many cases, the most common reason for looking for a new mortgage is moving house. Whether it’s to finance a move to a bigger property or just taking the opportunity to reassess your arrangements, we can help find the best mortgage for you.

Franklyn’s specialist team has the in-depth knowledge of the mortgage market, also taking into account your other financial circumstances. Main residence mortgages make up the majority of deals out there, so we’ll be able to guide you towards the most appropriate mortgage for you – fixed rate or tracker, flexible or offset – and support you every step of the way, from application to completion. We’ll also be able to help you if you’re looking for the flexibility to take out a mortgage against your main residence to finance a second home, for example. To discuss all the options, just get in touch.

Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Buy to Let

Property has long been seen as a very attractive investment.

But if you’re buying a property that you plan to let out to a tenant, or let as a holiday home, you’ll need a specialist buy to let mortgage – and having the right one is crucial to making the most of your property investment.

There are benefits to investing in a buy to let property: you may generate extra income and there is the potential for your property to increase in value. There can also be disadvantages such as periods of non occupancy and the cost of maintenance fees, so everything needs to be taken into consideration. Lenders treat buy to let mortgages differently to homebuyer mortgages, often charging more interest, asking for a higher deposit and assessing applications in different ways – so our in-depth knowledge will prove invaluable in helping you find the right one for you. To discuss any aspect of buy to let, just get in touch.

Your home or other property may be repossessed if you do not keep up repayments on your mortgage.

Some buy to let mortgages are not regulated by the Financial Conduct Authority.

Re-mortgage

There are a number of reasons to consider re-mortgaging.

It can be a simple way to raise capital against your property; it can enable you to carry out home improvements, or it can reduce your monthly payments by taking advantage of more competitive rates. The key to getting it right, is having access to expert advice.The re-mortgaging process itself is normally very simple – you’re effectively replacing your current home loan with a new one. But with so many diverse mortgage deals available, it can be difficult to know which is most appropriate.

That’s where Franklyn’s expert knowledge can pay dividends.Our team will not only find you a wide choice of mortgages, but take into account any early repayment charges, the terms of any special deals and the length of time over which you’ll be paying off the loan to make sure re-mortgaging makes financial sense. We’ll also assess how re-mortgaging would affect your overall financial situation, and if you decide to go ahead, our team will manage your application from start to finish, making the process as easy as possible. Just get in touch to find out more.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Shared Ownership

As an alternative to the Affordable Housing scheme – you might want to look at shared ownership schemes.

In this case, you would buy a share of a property (typically between 25% and 75%) and pay rent on the remaining amount. Later on, if you can afford to, you may purchase further shares in the property (known as ‘staircasing’). You would still need to raise a deposit for your share of the property (typically 10%) although, generally you would be borrowing less.

You could buy a home through Shared Ownership in England if:

  • Your household earns £80,000 a year or less outside London, or your household earns £90,000 a year or less in London
  • You are a first-time buyer
  • You used to own a home but can’t afford to buy one now
  • You are an existing shared ownership looking to move

With shared ownership, you can either buy a newly built home or an existing property, available via housing associations. It is important to remember that shared ownership properties are always leasehold. This scheme is subject to an acceptable application via your local housing association.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Family Assistance Mortgages

Seeing your child or grandchild buy their own home can be very satisfying – but with high property prices, it can be difficult for young buyers to afford to take that first step.

We can suggest a number of options that allow you to help younger relatives without necessarily handing over large amounts of cash. Using our wide-ranging experience, Franklyn will help you find the most appropriate from a range of flexible ways you can lend a helping hand to younger family members.

The most obvious option is to gift an amount of money, usually towards the deposit for a home. If the younger relative cannot afford to purchase a property with their income alone, you may join in on the mortgage but NOT the property ownership deeds. Meanwhile, the younger person can purchase a property that was previously out of reach for them and does not lose any Stamp Duty allowance for first time buyers. Your estate for inheritance tax (IHT) will also be reduced by the value of the mortgage.

Another option is to put a sum into a an account that sits alongside the mortgage, giving your relative the benefit of an interest rate applicable to a lower Loan to Value mortgage.

If you have sufficient equity in your own property, a lender may permit you to place a charge on it for a certain amount or percentage of your younger relative’s mortgage. This may be in lieu of a deposit or can have the same effect as placing funds in a Family Security Account. Your estate for IHT purposes is reduced by the value of the charge on your property whilst it is in place.

Finally, you could look at a Family Offset Account. This allows family members to deposit funds into an account linked to mortgage, with your younger relative paying interest only on the net amount outstanding, which may reduce the interest rate and the mortgage payments. You also have access to your funds at any time. Choosing the right option from so many can be difficult. So to find out more about which might be best for you, just contact any member of our mortgage team.

The home on which the mortgage is secured may be repossessed if the mortgage borrower(s) does not keep up repayments on the mortgage.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.

Self-Build Mortgages

Many people dream of creating their own ‘Grand Design’; finding a plot of land and building their own home to their own specification.

Financing that dream is another matter – but there are special self-build mortgages available. Naturally, these work differently to a regular house purchase as, in the early stages, there’s no property to provide security for the mortgage.

For a self-build property, lenders will usually release the mortgage in tranches , to fund each stage of construction, from buying the land through to completion of the build. In most cases, lenders will release the funds on after each construction stage is completed, which is why it’s so important to make sure your finances are in good shape and that you get the right self-build mortgage for your circumstances from the outset.

At Franklyn we’ll help make sure you’re ready to apply for a mortgage – generally lenders will expect you to have a minimum deposit of 15%* or above, together with detailed plans and relevant planning permission – before searching the market to find the most suitable self-build mortgage for you. So if you’re looking at financing a self-build project, your first step should be to sit down with a member of the Franklyn mortgage team.

You home may be repossessed if you do not keep up repayments on your mortgage.

Commercial Funding

For any business, whatever its size, finding the right funding options can be essential to its continued success.

At Franklyn, our team has in-depth knowledge and experience of the residential loans market and also has access to commercial mortgage experts – who also review other finance options available, to find the right one for your business.

These have been carefully selected to complement and enhance the range of St. James’s Place products on offer. What this means is that we’re able to find exactly the right option for your business.

Your home or other property may be repossessed if you do not keep up repayments on your mortgage.

Commercial mortgages are not regulated by the Financial Conduct Authority.

All enquiries for these will be referred to a service that is separate and distinct to those offered by St. James’s Place.

 

 

Commercial Mortgages

Buying the land or buildings your business needs can be a good commercial decision, as they can  become a significant asset.

We can offer access to commercial mortgages which can provide a flexible and affordable financing solution, but there can also be drawbacks. That’s where Franklyn will refer to a team of experts that can work for you.

As with residential mortgages, there are many options available, and knowing which one is right for you is vital. At Franklyn, we will refer to a team of commercial finance experts who can take you through the different types of mortgage available, the pros and cons of each and help you decide which arrangement would suit you best. Just talk to a member of the team for full details.

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

Commercial mortgages are not regulated by the Financial Conduct Authority.

All enquiries for these will be referred to a service that is separate and distinct to those offered by St. James’s Place.

Business Finance

Businesses have a great many more finance options available than individuals do, and can use various assets in different ways to raise funds.

At Franklyn we have access to experts that have great deal of experience in leveraging the various methods available, to provide the funding your business needs.

Invoice financing and factoring is used by businesses that trade on credit, with the lender advancing the cash your business needs against your unpaid invoices. Factoring is a variation on this where your customers deal with the lender, who ensures the invoices are paid promptly.

Asset finance can be both funding to purchase assets and funding backed by existing assets, and covers a broad area such as hire purchase, leasing and more. Please contact the Franklyn team for further details.

All enquiries for these will be referred to a service that is separate and distinct to those offered by St. James’s Place.

Why Choose Us?

Your mortgage is more than just a method of buying your home, financing improvements or raising capital; it’s part of an altogether bigger financial picture, one that encompasses your ambitions and aims for the future.

At Franklyn, we take that into account when helping you find a mortgage, to make sure it suits both you and your financial situation.

So whether you’re a first-time buyer, a parent or grandparent wanting to help a family member onto the property ladder or a business looking for premises, with Franklyn for Mortgages you can be sure our experts will help find exactly the right mortgage for you.

Franklyn for Mortgages is a trading name of Franklyn Financial Management Ltd

Get In Touch

Book a mortgage review

" (Required)" indicates required fields

Franklyn together with St. James’s Place Wealth Management plc are the data controllers of any personal data you provide to us. Franklyn needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at anytime.
For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, check out our Privacy Policy.