At BDM Financial Consultants Ltd, our aim is simply to protect the family's, lifestyles and homes of our clients, working with people in an open, honest, professional manner. Our skilled advisers' preferred approach is to provide holistic financial advice, advising on the whole of your financial circumstances, ensuring our advice compliments your overall financial situation and aims.
Our business is built on the belief that the key to success is establishing long term mutually beneficial relationships with you, our clients. This is achieved by developing strong mutual trust and respect through a professional, ethical and friendly approach to financial advice.
Our business is built on the belief that the key to success is establishing long term mutually beneficial relationships with you, our clients. This is achieved by developing strong mutual trust and respect through a professional, ethical and friendly approach to financial advice.
Services
We are a firm of financial advisers based in Gloucestershire. We provide advice to both individuals and companies on all aspects of financial planning, through a long term approach of fully understanding our clients' needs, wants and aspirations and then prioritising objectives. BDM Financial Consultants' advisers are on hand to help with your mortgage requirements and also have access to all of the major insurers for your protection needs.
For most people, your home will be the largest single investment you will ever make, so making the wrong decision can become a very expensive mistake. Taking the wrong mortgage can end up costing thousands extra over the lifetime of the loan, and what appears to be the cheapest on day one will not always prove to be so over an extended period of time.
This is the simplest type of mortgage. The payments you make to the lender every month pay off both the capital and the interest from the loan. Provided you keep up the payments, you are guaranteed to pay off the loan by the end of the term agreed (usually 25 years). The lender calculates your monthly repayments depending on the amount borrowed, how long for, the interest rate & how the rate you have chosen is set.
For many people, interest only mortgages are called 'endowment mortgages' or even 'pension mortgages', but strictly speaking these names describe an interest only mortgage plus the method by which it is repaid. In other words, an endowment mortgage is an interest only loan that is repaid by the proceeds of an endowment policy etc.
The flexible mortgage is a relatively new type of mortgage, or at least new in the UK. It was invented & has been used in Australia for many years, but is now growing in popularity in this country as more and more lenders adopt it. The traditional UK mortgage has been with us for many generations. It was designed with the assumption that people had full time employment and could therefore cope with set monthly payments for a 25 year period.
Reviews (1)
Jasmine Parsons
Apr 05, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
My experience with BDM has been fantastic. As a first time buyer I felt intimidated by the thought of buying a house. Brian has made the process a lot easier, helping me along the way. Giving good advice and finding me the best deal available. He made me feel at ease throughout.
My experience with BDM has been fantastic. As a first time buyer I felt intimidated by the thought of buying a house. Brian has made the process a lot easier, helping me along the way. Giving good advice and finding me the best deal available. He made me feel at ease throughout.
