A TOP North Wales financial firm is branching out into the mortgage market by appointing a new expert adviser to help their clients buy their dream properties.
Mortgage adviser Jon Peatfield has joined the team at Hadlow Edwards Wealth Management, based in Regent Street, Wrexham.
Jon, 39, who is originally from Rossett and now lives in Buckley with his wife Sharon, daughters Elise, 11, and Freya, seven, and the family’s pet Labrador Woody, has specialised in mortgages for more than a decade.
He has worked in the finance industry since graduating from Glyndwr University with a degree in business management in 1999 when the average UK house price was around £70,000 and has since almost trebled to just over £200,000.
Jon said: “Originally, I went into mortgage advising as a way of progressing my career but now I am dealing with mortgages because I really like helping people to buy their home, whether it is their first step on the ladder, they are taking the next big step up or it’s more of an investment situation.
“I like meeting people and everybody has their own unique circumstances.
“But whatever their situation, it’s a very important moment for people and I simply enjoy being there to help them achieve it.”
Jon will have access to a comprehensive range of mortgages from across the market, which lenders make available to mortgage intermediaries who are paid a procuration fee by the lender.
He said: “It’s important when you are looking at a mortgage for someone that you are able to consider all the options and the fact I will have access to a comprehensive range of mortgages means I can be sure to help the client choose the right product for them and their family.
“It is important to start the process as early as possible to allow plenty of time to research and talk through with them the various options open to them. It’s key that people understand exactly what is on offer so they can make an informed choice.
“Because I have access to so many different products, I have often been able to get someone a deal which they have been told by someone else is not available to them.
“Rates are competitive at the moment and so it is important for house buyers to shop around as much as possible and that’s what I am here to help them do.
“I am delighted to be joining the team at Hadlow Edwards because the company is all about providing one point of contact for clients to go to for all their financial advice. They know that when they come here that they will be able to get first class help with obtaining a mortgage but the same applies for any other aspect of their financial wellbeing.”
Hadlow Edwards, founded and run by joint directors Medwyn Edwards and Warren Hadlow, offers high quality personal advice on many aspects of wealth management,
to both individuals and businesses from all different backgrounds and ages with varied financial requirements.
The company, which employs an 11-strong team with eight specialist financial advisers, recently announced ambitious expansion plans which have started with the takeover of Ellett Wealth Management, based in Oswestry.
It is a Principal Partner Practice in the FTSE 100 Company St. James’s Place which is one of the UK’s largest wealth management organisations and looks after client funds amounting to £62 bn.
Dominic Richmond, Hadlow Edwards Operations Director, said: “Having Jon join our team is a great addition to the service we offer.
“We want our clients to think of us whenever they have a need for any type of financial advice. When it comes to any aspect of wealth management and financial planning, we are able to help with the full range of services which our clients might need.
“Jon, who has a lot of experience in the mortgage industry, has access to a range of mortgages and it means our clients can feel safe and sure in the knowledge that they have been able to get the most suitable deal available.”
Jon’s top five tips for getting your mortgage:
1) Start talking to your mortgage adviser as early in the process as possible. Try not to leave it until you have set your heart on a property.
2) With a pure remortgage, don’t sit on the standard variable rate but make sure you have a conversation with your mortgage adviser even if your mortgage payments have come down at some stage because there might be a better deal out there for you. If you are on a fixed rate, schedule in a conversation with your mortage adviser approximately three months before the deal comes to an end.
3) Always visit a mortgage adviser with access to the whole of the market as part of your research.
4) Give yourself time out to understand the product recommended to you.
5) Find a mortgage adviser that you trust because you will be dealing with them again and you need to make sure they are helping you make the right choices.