- Written by John J Bloomfield


At Bloomfield Financial our primary aim is to help you make sense of your finances so that you can make the best deciscions possible both now and in the future.
We have tried to put as much information on this webiste as possible to explain what we can do for you and what it costs as we believe strongly in being transparrent in all things.
If you can't find the information you are looking for then please don't hesitate to give us a call on 0191 406 6453 or drop an email to office@bloomfieldfinancial.co.uk
John & Dee Bloomfield
If you were to die tomorrow would your family be left with more than memories?
Would your mortgage be fully repaid? - If you have an insurance plan to pay off your mortgage when did you last check that it will cover the mortgage in full including any lender fees and early repayment charges?
If you’re currently arranging or rearranging a mortgage you might have come across the term ‘interest only’ and you might even be wondering why the payment quoted for ‘interest only’ is so much lower than for a repayment mortgage.
As I’m sure you know when a mortgage lender issues you a loan for which they charge you interest. When you take out an interest-only mortgage the payments you make to the lender cover the interest alone and you are not repaying any of what you owe back. So if you borrowed £100,000 at the start of the mortgage you will still owe £100,000 at the end of the loan too.
Please remember your home or property may be repossessed if you do not keep up repayments on your mortgage.
We give clients the option to pay for mortgage advice by fee rather than commission.
The FCA does not regulate all Buy to Let mortgages.
Past performance is not a reliable indicator of future results.
The value of investments, and the income from them, may fall or rise.
Your capital at risk. Investments can fluctuate in value and investors may not get the amount back they invest.
The Financial Conduct Authority does not regulate, Will Writing, Buy to Let Mortgages, Tax Advice and Estate Planning.
Tax rules can change at any time.