So, what does January mean to you? For many it is a great time to take a look at your financial situation and to make plans for the coming year. Are you looking to secure your mortgage payments, make home improvements, move home, update or improve your insurance policies? 

Are you one of the many that your current fixed rate is due to expire? Are you a First-time buyer looking to get on the property market? An investor looking to purchase a BTL property? Moving home? Buying a shared ownership? Help to Buy new build scheme? Capital raising re-mortgage for home improvements? (There are many other schemes available to suit your requirements)

Due to some uncertainty in the market and with fixed rates still remaining low many clients are looking to secure their payments for the next 2-5 years and some even longer, we have found an increase in the last year for customers looking to take 5 year fixed rates.

There are also many more lenders entering the more specialist areas like New Build and Help to Buy, Shared ownership and Buy to let. Lenders criteria is also constantly evolving, we now have lenders who will look at customers who have only been Self-employed for one year.

At Firstxtra we can assist you with all the above schemes and have specialist advisers in each area of the business to advise on the correct product and lender for your needs from a choice of over 44 mortgage lenders.

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

A fee of £149 is payable on application of the mortgage and £200 on issue of the mortgage offer. There may be a further fee payable on mortgage offer of up to £250. The overall amount of the fee is dependent on the amount of research and administration that is required.

The Financial Conduct Authority does not regulate some forms of Buy to Let.

The information contained within was correct at the time of publication but is subject to change.