My Later Life Director Graham Clelland on Demystifying Mortgage Terms

We're incredibly proud of Graham Clelland, one of our esteemed directors at My Later Life, for being featured on the Mortgage Adviser website. His expert insights on simplifying complex mortgage terms highlight his deep knowledge and commitment to guiding clients through the often daunting world of mortgages. Graham’s ability to break down intricate financial concepts into relatable terms ensures that our clients feel informed and confident in their decisions. His contribution not only strengthens his position as an authoritative figure in the sector but also enhances our organization’s reputation for client-centered service.

Graham Wrote :

One technique I use to simplify complex mortgage terms for clients is by breaking down industry-specific terms into everyday language. For example, instead of using terms like "amortisation schedule," I explain it as a "payment plan" that shows how much of each payment goes toward the loan and interest. This approach is effective because it helps clients understand the key concepts without feeling overwhelmed, making it easier for them to make informed decisions. Clear communication builds trust and ensures they feel confident throughout the mortgage process. We are also in the process of having a new website made, and on this, we are having a page made called "Understanding Equity-Release Jargon: Key Terms Explained."

Graham Clelland Director, My Later Life