Hambleton Financial Services


 Specialist

mortgage brokers,

based in Northallerton

North Yorkshire.


Established in 1986.


We specialise in arranging

mortgages,

re-mortgages,

first time buyer mortgages, buy to let mortgages,

buy to let re-mortgages,

life insurance,

critical illness cover,

 income protection,

redundancy cover,

buildings/contents cover


WE DO NOT CHARGE ADVICE OR BROKER FEES

We are paid commission

from the lender

should your mortgage complete





Hambleton Financial Services


1, Boston Avenue


Northallerton


North Yorkshire


DL6 1PG


Tel:

Freephone

08000 196 194

or

01609 77 57 44


Mobile:

07980 868154


Fax:

01609 812345


EMAIL US HERE


Privacy Statement








Hambleton Financial Services

Mortgage Brokers & Insurance Consultants

Home About Us Our Services Mortgages Protection Insurance Enquiry Fom Extras

Are  you still paying too much?

Looking after our

clients since 1986


The guidance contained within this website is subject to the UK regulatory regime

and is therefore primarily targeted at consumers based in the UK.

Hambleton Financial Services is an appointed representative of TenetLime Limited,

which is authorised and regulated by the Financial Conduct Authority.

 TenetLime Ltd is entered on the Financial Services Register (www.fca.org.uk/register)

under reference 311266


Partners: W P Martlew & J E Martlew


A mortgage is a loan secured against your home or property.

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


Offset Mortgage


A more complex mortgage arrangement,

where the lender can 'offset' your mortgage balance

against any savings or deposits you have with them.


You can opt to pay no interest on part of your mortgage,

equal to the value of your savings

on which you'll receive no interest.


 If due to the amount of savings held,

you don’t pay any interest (or if the amount of interest is reduced)

then the monthly payment will in effect increase the capital repayment off the mortgage thereby reducing the term,

(unless you choose to reduce the monthly payment accordingly).


This can be a more tax-efficient way of saving,

especially for higher rate taxpayers,

as the mortgage interest rate 'saved' is usually higher

than the interest rate earned after tax on your savings.



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