MORTGAGE RISK WARNINGS
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Changes in the exchange rate may increase the sterling equivalent of your debt.Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Please be aware that the lenders underwriter has ultimate discretion in the decision as to whether the lender will issue an offer of mortgage advance. It is strongly recommend that you do not enter into any binding agreement or commit yourself to any financial undertakings until you have received, read and understood a satisfactory offer letter. You should make arrangements to repay the capital outstanding by the end of the term chosen. Failure to have these funds available could result in the loss of your home.Adding any fees to your loan has the effect of increasing your borrowings and interest will be due on these additional amounts, making the overall cost of the fee higher.Property values and prices fluctuate according to market conditions and the value of your property could go up as well as down. If your mortgage represents a high percentage of the current price or value of your property, this may create a negative equity situation.All statements are based on our understanding of current tax law and practice. Levels and bases of, and relief from taxation, are subject to change. Services and products not regulated by the Financial Services Authority Some of the products and services we promote are not currently regulated by the Financial Services Authority and include, but are not limited to, certain types of (e.g. ‘Buy to let’ mortgages) and some offshore schemes and investments. Because these products are not regulated by the FSA you will not have any rights to financial redress under the Financial Ombudsman Service or Financial Services Compensation Scheme with regard to any future disputes.