Glossary - Understanding Industry Terms
What is a drawdown mortgage?
A drawdown mortgage is a type of equity release that provides you with the flexibility to access the equity in your home whenever the need arises.
What questions do our mortgage advisers get asked about this particular topic?
Our Exeter team are often asked these questions when it comes to drawdown mortgage:
How does a drawdown mortgage work?
What is a drawdown mortgage rate?
What happens before mortgage drawdown?
What is an example of a drawdown loan?
If you have similar questions to these, please don't hesitate to get in touch with our Exeter mortgage advisers who will happily assist you.
We have been working in the industry for over 25 years
Our mortgage advisers have been providing honest and sound advice on a wide variety of topics for more than 2 decades. Our expertise and customer service are just a few reasons why we are the go-to mortgage advisers in the Exeter area.
Our mortgage advisers have helped customers across Devon in areas such as Southernhay, Ottery St Mary, Exeter, Exmouth, Newton Abbot, Tiverton, Sidmouth, Crediton, Cranbrook and Cullompton to name but a few.
About Beerstone
Beerstone Financial Services was established in 1996 by Chris Beer, our Founding Director, who still plays a key role in the company and ensures we maintain the best service.
Beerstone Financial Services was established in 1996 by Chris Beer, our Director, who still oversees the company and ensures we maintain the best service.
In total we have over 30 years of experience in financial services working in a range of environments so you can be sure that your situation is in experienced hands.
Speak to our team
Visit our offices: 2 Southernhay West, Exeter, EX1 1JG
Beerstone Financial Services Ltd (542704) is an Appointed Representative of BrokerSync Ltd, which is authorised and regulated by the Financial Conduct Authority (1031981).
There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances and will be agreed upon following your initial meeting.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. Beerstone Financial Services Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. ABC Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Conveyancing, Wills, and some forms of Buy-to-let Mortgages and Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured against it.'