Bedford, Bedforshire
Our aim is to work with our clients to fully understand their financial situation and what their requirements are, then develop tailored solutions to help them achieve their mortgage goals.
See how our friendly service and know-how gives you access to a full range of both residential and buy to let UK mortgages and re-mortgage products, including fixed rate, interest only, discounted and variable interest rates.
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3 customer reviews
Mike Endersby
Helped all of the family over the years and me numerous times totally professional
Alex Cooper
Great service. Expert advice.
Reviewed on Google Maps
Paul Teasdale
Thoroughly Professional Company - Thank You Martin Dronfield
Reviewed on Google Maps
What do you love most about your job?
Working with people and helping them achieve their financial goals around purchasing their own homes.
What inspired you to start your own business?
I love being in control of my own destiny and being able to make my own decisions. Flexibility, and being able to work independently is also important for work life balance.
Why should our clients choose you?
I am very customer centric a professional. I have a wealth of experience from being in Financial Services some 31 years which will help my clients meet their objectives.
Can you provide your services online or remotely? If so, please add details.
I offer face to face and remote services via technology such as Microsoft Teams, Zoom and Facetime.
What changes have you made to keep your customers safe from Covid-19?
100% remote communication with my client’s until restrictions are lifted. This has not had a detrimental effect on my client’s.
First Time Buyer
As a first time buyer you may find buying your first home quite daunting. There are many things to consider such as finding a property, choosing the right mortgage, selecting a solicitor and making sure the whole process runs smoothly, you may find the information below useful to help you get on the property ladder.
We will advise you on the mortgage options available to you. It is best to do this before you start looking at properties so you know how much you can borrow and realistically afford.
Remortgaging
Most mortgages on the market today offer “Initial Benefit Periods” where the product expires after a certain date, usually 2-5 years. After this period expires your mortgage typically reverts to the lenders variable rate which is not fixed and is traditionally higher than the initial benefit, although this is not always the case.
Remortgaging can be a great way to save money. Paying a slightly lower rate of interest could make a noticeable difference in your monthly mortgage payments, and in the long run, could save you thousands. Alternatively you may just want the stability of knowing what your monthly payment will be for the next few years. But remember – before you switch mortgage deals, be sure to check all the figures, including fees and early repayment penalties, as moving your mortgage for a lower rate than your current lenders variable rate may not be the most cost effective route for you to take..
Life Assurance
Life assurance is a policy that will pay out a lump sum if the policyholder dies during the term of the policy and is designed to ensure the policyholder’s dependents receive financial support should the worst happen.
This money is usually used to fund expensive funeral bills, clear mortgage, loan & credit card debts and to ensure whoever you choose to look after your dependents has the money to do so.
Foundation Mortgages advise on all types of life assurance whether it’s protecting your property, income or loved one’s.
Critical Illness
Critical Illness Cover (also referred to as CIC) will pay you a tax free lump sum if you are diagnosed with an illnesses specified by the policy. These usually include certain types of cancer, heart attack, stroke, brain tumour and others.
This money is usually used to fund expensive medical bills, and can also be used to clear debts to make your finances easier to manage whilst you are not earning.
Income Protection
Income Protection is the first insurance you should take out. How can you pay for any of your other outgoings without an income?
The truth is that, without your income, or perhaps your partner’s income, you will almost certainly struggle, especially if you go without an income for more than a few months.
Homemakers can also get cover, because although they may not actually earn an income, they do make a valuable financial contribution to the household by caring for children and looking after the home.
If you’re a home-maker (or your partner is), just think what would happen if you were sick or disabled. Who would look after the children? Who would look after the home? Chances are you’d have to pay for some help, or your partner might even have to give up work to support you. Either way there will be a financial impact, this is why home-makers should also have Income Protection.
The reason we believe everyone should have some form of income protection is because the State benefits system does not provide enough if you are unable to earn. You are far more likely to be unable to work due to illness than to die, which is why we feel income protection is more important to have than life cover. Some employers will pay you while you are sick so you should check the details before applying, but if your employer does not, or you’re self-employed, Income Protection is essential.
By using Foundation Mortgages, we will ensure that you only have the cover you need, or is most suitable given your circumstances.