Berkley Vittoria offer independent financial services and specialise in assisting people with adverse, poor or bad credit histories. Berkley Vittoria can provide mortgages, remortgages and secured loans for debt consoldiation or for other purposes. If you wish to raise funds for a new property or to consolidate credit card or other debts and have CCJ's or some other form of bad credit history then Berkley Vittoria can more than likely help. Mortgages for problem properties and for right to buy properties can also be arranged. Berkeley Vittoria have access to a large range of mortgage lenders and finance providers thus ensuring that we can assist most circumstances.
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Halifax Retirement Mortgages
(Available to people with or without an existing Halifax mortgage)

Are you looking for an alternative to conventional Equity Release Plans?

  We at Berkley Vittoria Independent Financial Services Ltd believe we have an alternative solution that you may wish to consider via the Halifax Retirement Homeplan.

 independent adverse credit mortgage services
  Perhaps you are living on a limited income and lack the funds to enjoy the good things in life?

  You may wish to Raise Funds to assist your children or grandchildren or to consolidate your own High Interest credit cards or loans.  You may wish to carry out home improvements on your property.
  Do you wish to utilise some of the equity from your home but feel that conventional Equity Release Plans are not for you?
  This Retirement Homeplan is not available via Halifax branches and can only be arranged via a limited number of financial advisers.

  Even if you are an existing Halifax customer and are not currently on the Halifax Retirement Homeplan, we can arrange to transfer your existing mortgage onto this scheme, and at the same time arrange a further advance for any additional funds you might wish to borrow.  This transfer is not directly available and can only be arranged by a select number of brokers like ourselves.
  Conventional Equity Release plans can result in you losing all or part of your home to the provider on death.

  Alternatively they involve interest "rolling up" with the eventual size of your debt unknown. This means that you do not know how much of your property will eventually be passed to your loved ones.

If you are a Home owner aged 6o or over why not borrow the funds you require on an interest only basis over a 40 year term at low interest rates?

This would mean that if you were to borrow, for example £60,000 you would pay monthly interest payments based on a mortgage of £60,000 which would currently cost in the region of £150 per month. The overall cost for comparison is 3.7% APR.  The actual rate available will depend upon your circumstances.  Ask for a personalised illustration.

Halifax would not expect the loan to be repaid either until the eventual death of the homeowner(s) or if you chose to sell the property or repay the loan earlier.

It means that the amount you borrow will neither increase nor decrease so that you can rest assured that your loved ones will inherit the eventual value of your property less the amount borrowed.

If you already have an existing mortgage and are possibly under pressure to repay this at some stage in the future, this could be incorporated into the new mortgage.

Please call us on 0800 158 3220 to speak to one of our advisers for advice

If in the process of re-mortgaging you consolidate other non secured debts into your mortgage, you should be aware that by taking these commitments over a longer period you will pay back more in interest over the term.

If you are re-mortgaging away from your existing lender be careful and check whether or not you will incur any early repayment charges.

There may be a fee payable upon completion for mortgage advice. The precise amount of the fee will depend upon your circumstances but we estimate that it will be £595. (No broker fee charged on mortgages over £300,000). You have the option to pay us a fee and receive any commission which we are paid by the lender. If you choose this option, we estimate that the fee will be £995.
  Think carefully before securing other debts against your home. 
Your home or property may be repossessed if you do not keep up repayments on your mortgage.		  
 ©2010 Berkley Vittoria Independent Financial Services Ltd