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Your Mortgage questions answered by Flagstone Financial

3rd April 2020

Q&A with Managing Director of Flagstone Financial, John Lineham.

If you need a new mortgage, we understand that the ever-changing current situation may have made things uncertain for you and you may have some questions surrounding mortgages at this time. That's why we've spoken to John Lineham, Managing Director of Flagstone Financial to find out where you stand when it comes to remortgaging.

Will the coronavirus affect me getting my new mortgage?

Any mortgage will be based on income, so as long as you still have an income, you should be able to get a mortgage. The amount of the mortgage will depend on income and affordability.

Where do I stand with mortgage repayments in the current climate should I become unwell?


Anyone with a mortgage currently will be able to take a mortgage holiday if they become affected by the coronavirus. There may also be more suitable options to reduce your payments. If you have a mortgage currently, it's best to check with your mortgage provider.

Can I still have an appointment with a mortgage advisor?

Our Advisers are still taking appointments via video call or telephone, so now is as good a time as any to speak to us. Get in touch today to see how we can help you.

Can I still look into remortgaging at this time?

Remortgaging is currently booming with some fantastic rates, and there are options for clients that have had to take a reduction in salary, so it's well worth looking into at the moment!

Thanks for answering those questions, John. We hope these have helped you, if you do have any further questions then please do get in touch with the team at Flagstone Financial.

Please note: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

REMORTGAGING MAY NOT BE SUITABLE FOR EVERYONE, AND YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING MORTGAGE LENDER


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