Welcome To Kinetic Financial Solutions

Kinetic Financial Solutions based in Rayleigh in Essex was established in February 2004.
Directors Russell Parker and Stewart Pitt have created a fresh modern approach to mortgage broking, offering professional, independent mortgage advice at our mortgage comparison centre in Rayleigh, or the comfort of your own home.

Our first Mortgage Comparison Centre opened on Rayleigh High Street in May of 2007. 
The Comparison Centre offers a real alternative to the High Street Banks, Building Societies and Estate Agents as we will source a mortgage to meet your needs from the whole market, which could save you time and money.

‘’With over 75 lenders to choose from and exclusive rates via Mortgage Intelligence we are in a great position to offer you independent mortgage advice, for your mortgage or re-mortgage.’’

No appointment is necessary, so you can pop in and speak to one of our professional mortgage consultants at any time.
Spend 20 to 30 minutes comparing and understanding the various options open to you, then once we have decided on the best rate and lender to meet your needs we will complete all the paperwork and keep you up to date every step of the way via the Mortgage Service Centre.

The Mortgage Service Centre was introduced in May 2005 to meet the ever increasing standards that Kinetic sets within our industry.
Its key aim is to keep all parties informed about the progress of a mortgage application from start to finish, and more importantly tackle problem cases quickly and assertively to provide all our customers with a fast solution to their mortgage and protection needs.
Our truly passionate team delivers our company goal of exceptional service on every case, with updates to our clients every 3 days and on special cases on a daily basis. A service that is unrivalled within our industry.

Our Mortgage Team is dedicated to finding the best rate to fit your individual circumstances and because everyone is different and there are so many mortgages available it is important that we know our stuff.All of our team is fully qualified to the highest available standards and our advice is protected by the Financial Services Compensation Scheme.

‘’With over 25 years combined mortgage experience to call on we are confident that we could help you whatever your circumstances’’ 

Once your mortgage application has completed your details will be passed to our mortgage review team who monitor your mortgage scheme until 6 weeks before it is due to end. At this point they will contact you to discuss and compare any products available from your existing mortgage lender with the rest of the mortgage market, ensuring that you keep your mortgage payments as low as possible. Many lenders may also pay any associated fee’s involved in moving your mortgage so you have nothing to lose. The review team are also available any time to speak about further borrowing requires such as further advances or a secured loan.

    Frequently Asked Questions

1. How much could I borrow on a mortgage?
2. How much will it cost me to move?
3. Which rate is best for me fixed or discount?
4. How do I repay my mortgage interest only or repayment?
5. What is a self cert mortgage?
6. What is a secured loan?
7. How do I protect my mortgage?
8. What should I look out for when remortgaging? 
9. Mortgage Calculator?
10. What happening in the mortgage industry?
11. What happens if I have late payments on my mortgage?
12. Apply for a mortgage?
13. Ask us a question?
14. How much deposit do I need if I am buying to let?

Mortgage Advice Rayleigh - Mortgage Advice Basildon - Mortgage Advice Southend - Mortgage Advice Grays - Mortgage advice Benfleet - Mortgage advice Westcliff

 

Latest News    (News Archive)

New home mortgage approvals rise slightly      28/05/2008

Mortgage approvals for new home purchases picked up slightly in April but remain nearly 40 per cent below the levels of a year ago, according to the latest lending data from the British Bankers\' Association. 

The BBA, pointing to strong remortgaging activity which was 20.3 per cent above that in April 2007, said the latest data show a healthy market with 74,722 loans approved. Its members account for about two-thirds of all home loans made in Britain. David Dooks, BBA statistics director, said: 

"There is an active remortgaging market as people switch lenders to obtain better deals. It is clear that contrary to reports, the mainstream mortgage market has not ground to a halt." 

But economists noted that the 38,704 mortgages for house purchases in April were the second lowest on record and did not square with a picture of a recovering housing market.

Credit crunch is testing borrowers' resolve      29/04/2008

The Mortgage Advice Bureau (MAB) has seen its amount of remortgaging business rise by 27% in the first quarter of 2008 compared with the same period last year. Brian Murphy, head of lending at MAB, says: 

"The ongoing credit crunch cyclone is continuing to test borrowers\' resolve. With less people choosing to buy, increasing levels of business now comes from remortgage clients. "Within the mortgage arena, the demise of the 100% mortgage also indicates a relatively bleak outlook for first time buyers." 

The same report found a downward trend in fixed rate deals for MAB.

Merrill Lynch unveils heavy losses      18/04/2008

After more write-downs linked to the embattled credit markets Merrill Lynch has reported heavy losses from the first three months of 2008. 

The firm said it lost $1.96bn (£1bn) compared with a profit of $2.1bn in the same period a year earlier - broadly in line with what analysts had expected, including about $4.5bn of write-downs for subprime mortgages and other risky assets. 

As it unveiled plans to cut about 4,000 jobs worldwide, Chief executive John Thain said that the firm remained "well-capitalised" and that there were no plans to raise more capital. Analysts have blamed poor risk management for Merrill's over-exposure to bad sub-prime mortgage debt. Earlier this week JP Morgan Chase boosted markets, by revealing no major new woes.

Bank rate decision today      10/04/2008

The Bank of England's Monetary Policy Committee (MPC) decides today whether or not to cut the base rate from its current level of 5.25%. 

With the Halifax revealing that average UK house prices dipped by 2.5% in March, the biggest drop in over 15 years, many analysts believe a rate cut of 0.25% is odds on. 

"The increasing danger of a sharp housing market correction heightens pressure on the Bank of England to cut interest rates by a further 25 basis points," said Howard Archer at Global Insight. "We expect the Bank of England to act, despite still serious inflation risks. However, these inflation risks mean that today's likely interest rate cut will be limited to 25 basis points." 

Richard Lambert, the Confederation of British Industry's director general, said: "A quarter-point cut in interest rates is needed to help businesses and consumers cope with the impact of the credit crunch."

News Archive (Click Here)