CAT Standard Mortgages
A CAT Standard mortgage is a mortgage product that meets certain government defined standards relating to 'C'harges, 'A'ccess and 'T'erms (CAT).
According to the Treasury, the objective of CAT standards is to 'prevent confusing marketing and hidden charges'. The Governments aim was to set out basic and transparent conditions for mortgage products, so the 'average' person can easily understand all the terms and charges associated with their mortgage. Some basic features of CAT Standard Mortgages are that :-
* They must not charge a Higher Lending Fee, which some lenders charge on high Loan To Value mortgage loans.
* Interest must be calculated on a daily basis.
* The arrangement fee must not exceed £150.
We believe
that regulated service is the best service!
The aim of this service is to introduce UK homebuyers to Independent Advice on mortgages. With such a large number of mortgages available, it is important to obtain Independent advice from a qualified adviser who will work for you, not for any one lender. Your adviser will be able to provide you with a "Mortgage Agreement In Principle" - in as little as 24 hours!
Do you want all the benefits and features of a qualified, professional mortgage adviser who will act for you? Complete the online enquiry form.For further information on the service offered through 1st Direction Mortgages, please e-mail us on information@1stdirectionmortgages.co.uk.
1st Direction Mortgages (UK) introduces to Park Row Associates Ltd and other strategic (independent) advice partners. Park Row Associates Ltd are a national independent financial advice company who are authorised and regulated by the Financial Services Authority. 1st direction mortgages, as part of the Mortgage Introducer Services group of websites, believe very strongly that the, "Regulated Service Is The Best Service! ". We are very careful to ensure that all our partner advice companies are, and remain to be, independent and retain whole of market access to ensure that you can obtain (through our service) the most appropriate mortgage to meet your needs. For information on our partner advice companies, please click here.
Our other strategic partners have been selected to compliment our association with Park Row. It will be clear to you which of our partners will deal with your request at the earliest possible stage
The aim of this service is to introduce people like yourself to a specialist independent mortgage adviser, who can either advise and recommend a specific mortgage deal for you (based on your needs / circumstances) or can offer detailed information on suitable products to help you select the most appropriate mortgage deal available to meet your needs.
The key to our service is independence. The adviser that we will introduce you to will be fully independent, and as such will review the whole UK mortgage market to give you the best advice and access to some exclusive deals. You are under no obligation to proceed.
You will be instantly notified by e-mail of any additional information required, using an easy to complete mortgage questionnaire form. All information will be contained on a secure server, and will remain confidential between you and your adviser.
We like people to remain in control, so the preferred methods of contact are both phone and e-mail. It can be arranged that an adviser can come to see you in person at your request, but find that most clients prefer to work remotely.
Once the adviser has obtained the information they require to find you the most appropriate deal, he / she will source from the whole UK market using in-house regularly updated mortgage sourcing software. He / she can e-mail or post recommended product illustrations for you to look over (or may be available to provide a face-to-face advice appointment with you).
We believe the best assistance comes from a regulated mortgage broker!
Your home may be repossessed if you do not keep up repayments on your mortgage.
1st Direction Mortgages (UK) provides a Mortgage Introducer Service and is a Trading Style of Hello Finance Ltd.
Hello Finance Ltd is an 'introducer' of clients to regulated Independent Mortgage Advice companies and may receive a introductory fee from the mortgage broker for such a service. The content of this website in 'information' on the services that are offered by our partner advice companies. The content of this website must not be taken or used as 'advice' on the type of mortgage that is most suited to your needs. Hello Finance Ltd hold no responsibility for any advice given by our partner companies.
Please read our Terms Of Business for further information.
Registered Office:
Hello Finance Ltd 7 Fidlas Road Llanishen Cardiff CF14 0LW
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