previous arrow
next arrow

Cumbria’s Financial Advisors

At ATM Orchard Investments we deal with legal, property or financial matters. From retirement planning to investment management, we offer a wide range of financial services to meet all of your financial needs. Our goal is to empower you to make informed decisions and to give you a secure financial future. We work professionally on a one to one basis to support you and your financial needs. We strive to achieve 100% client satisfaction and offer legal, property and financial advice. So if you are looking for finance to buy property in Cumbria, or maybe wanting to invest to secure your financial future, why not contact us today?

Telephone: 01229 770001.


If you require a fast mortgage service or just an
estimate of your borrowing amount:


 If you require expert advice on pensions, savings
and investments:

How We Work


Mortgages are one of the largest single transactions in most people’s lives. Buying a property can be a stressful and time-consuming experience; nowadays the financing of a mortgage is a case of finding and selecting the most suitable mortgage, rather than simply accepting a lender’s offer.

Banks, building societies and smaller niche lenders compete for your business, all offering a variety of interest rate deals, associated fees and other enhancements to attract borrowers.

The two main methods of repaying a mortgage are repayment (capital and interest) and interest only. It is also sometimes possible to set this up using a combination of the two.


Many years of experience in finding the best mortgage for our customers


Committed to find the most suitable mortgage option for you and your financial needs


Customer satisfaction is our priority

Get our Help

Savings and Investments

From childhood, most of us are told to put away money to save for the future – perhaps for something special; or maybe to be sure that when we really need something we have the funds to acquire it, without taking on debt.

People’s aims are broadly the same; to provide for future needs, and to protect ourselves against unexpected expenditure, events and inflation.

When planning your finances, it is important to distinguish between savings and investments. Savings are generally funds that you set aside that can be accessed relatively quickly. These savings are often for a specific need or purchase, like a holiday or a new car. The most common way of saving is into a bank account (‘deposit’ account) where the money can be accessed in an emergency, and for every £1 you put in, you will get £1 back and possibly some interest. In other words, the original capital is guaranteed.

If you are ready to take control of your future give us a call now on  01229 770001 and a member of our friendly professional team will be happy to advise.

Understanding the Jargon

Demystifying Financial Advisor Terms

Understanding the language used by financial advisors is crucial for making informed decisions about your finances. Whether you’re planning for retirement, saving for a big purchase, or looking to invest, having a grasp of these terms will empower you to navigate the complex world of personal finance with confidence. In this article, we’ll explore common financial advisor terms used in the UK, shedding light on their meanings and implications.

Agreement in Principle
An Agreement in Principle (AIP), also known as a Mortgage in Principle MIP) or Decision in Principle (DIP), is a statement that informs you of how much you may be able to borrow towards buying or remortgaging of a property. It’s a document to provide evidence for an estate agent, to illustrate that you are in a financial position to make the purchase.

The annual percentage rate of charge (APRC) is the total cost of the loan shown as an annual percentage.  This is useful to compare different offers.

Arrangement fee: This is a fee charged by the lender which will cover the cost of administration and for reserving the funds for specific types of mortgage. This could be paid as a separate cost or included in the loan amount.

Asset Allocation: Asset allocation is the process of dividing your investment portfolio among different asset classes, such as stocks, bonds, and cash equivalents. This strategic approach is employed by financial advisors to manage risk and optimize returns based on your investment goals, time horizon, and risk tolerance.

Bonds: Fixed-income securities issued by governments or corporations, representing a loan from the investor to the issuer in exchange for periodic interest payments and the return of the principal at maturity.

Cashback Mortgage: When the mortgage payments are completed the owner will receive a lump sum or it could be a percentage of the mortgage in cash.

Covenant: A condition, which will be written within the Title Deeds or lease, that the buyer must agree to comply with, this is usually also relevant to all of the future owners of the property. Be aware that a restrictive covenant is one that forbids the owner from doing something.

Debt Consolidation: A term which means the process of combining any outstanding debts into one loan to be repayed. This could be for: credit cards, leases, loans etc.

Disbursements: This term covers all the costs for completing the legal paperwork that is required to buy or remortgage your property.

Diversification: Diversification involves spreading your investments across a variety of asset classes, industries, and geographical regions to reduce the overall risk of your portfolio. By diversifying, you can mitigate the impact of volatility in any single investment and potentially enhance long-term returns.

Equities: Also known as stocks, equities represent ownership in a company and offer investors the opportunity to participate in the company’s profits through dividends and capital appreciation.

Equity in a home: Refers to the difference between the amount still to pay on your mortgage and the current value of your home.

Fee Structure: The fee structure outlines how financial advisors are compensated for their services. In the UK, common fee structures include:

   -Commission-Based: Advisors earn commissions on financial products they sell to clients.

   -Fee-Only: Advisors charge a fee based on assets under management or an hourly rate for their services. They do not earn commissions from product sales.

   -Fee-Based: Advisors may charge a combination of fees and commissions for their services.

Fiduciary Duty: A fiduciary duty is a legal obligation that requires financial advisors to act in your best interests. Fiduciary advisors are held to a higher standard of care and must disclose any conflicts of interest that may impact their recommendations. This duty ensures that advisors prioritize your interests above their own.

Financial Plan: A financial plan is a comprehensive roadmap that outlines your financial goals, current financial situation, and strategies to achieve those goals. Financial advisors work with you to develop personalized financial plans that address budgeting, saving, investing, retirement planning, and risk management.

Fixed-Rate Mortgage: A fixed-rate mortgage is a type of mortgage where the interest rate remains fixed for a specified period, usually between two to ten years. This provides certainty and stability in mortgage payments, regardless of changes in the interest rate environment.

Flexible Mortgage: Is a type of mortgage that agrees the borrower may overpay, and have some flexibility with the overpayments that have been built up, with the option to pay smaller payments for a period of time, borrow money back or possibly take payment holidays.

Ground Rent: Is an amount charged to a leaseholder to cover the annual fee to a freeholder.

Interest-Only Mortgage: An interest-only mortgage is a type of mortgage where the borrower only pays the interest on the loan each month, with the principal amount remaining unchanged. At the end of the mortgage term, the borrower must repay the full principal amount, often through investments or other means.

ISAs (Individual Savings Accounts): ISAs are tax-advantaged savings accounts available to UK residents that allow you to save or invest money without paying income tax or capital gains tax on the returns. There are several types of ISAs, including cash ISAs, stocks and shares ISAs, and innovative finance ISAs.

Mortgage Illustration: This is a document that should cover the key things you need to know about your mortgage such as payments and fees before you make a mortgage application.

Portability: Means when an existing mortgage is possible to be transferred between properties when you move home.

Repayment Mortgage: A repayment mortgage is a type of mortgage where both the interest and principal are repaid over the term of the loan. Each monthly payment includes a portion of the principal and interest, with the goal of fully repaying the mortgage by the end of the term.

Retirement Planning: Retirement planning involves preparing financially for your retirement years by setting goals, saving and investing strategically, and creating a sustainable income stream. Financial advisors help you develop retirement plans tailored to your lifestyle, retirement age, income needs, and risk tolerance.

Risk Tolerance: Risk tolerance refers to your willingness and ability to endure fluctuations in the value of your investments. Financial advisors assess your risk tolerance to determine the appropriate asset allocation and investment strategy for your financial goals. Factors such as your age, income, investment objectives, and time horizon are taken into consideration when assessing risk tolerance.

Savings Accounts: Savings accounts are deposit accounts offered by banks and building societies that allow you to store your money securely while earning interest. They are typically used for short-term savings goals, emergency funds, or as a place to park cash temporarily.

Tax-Efficient Investing: Tax-efficient investing focuses on minimizing the tax impact on your investment returns by strategically positioning investments in tax-advantaged accounts, utilizing tax-loss harvesting, and optimizing asset location. Financial advisors employ tax-efficient strategies to maximize after-tax returns for their clients.

Tracker Rate Mortgage: With this type of mortgage the interest rate is set at a fixed percentage above the Bank of England (BoE) base rate. So this means that the amount of interest will be variable dependent on the current BoE base rate.

Variable-Rate Mortgage: A variable-rate mortgage is a type of mortgage where the interest rate can fluctuate over time, based on changes in the lender’s standard variable rate or another benchmark rate, such as the Bank of England base rate. Payments may vary, making budgeting more challenging.

Armed with a better understanding of these financial advisor terms, you can approach your financial goals with clarity and confidence. Whether you’re seeking guidance on investments, retirement planning, or mortgage options, working with a knowledgeable financial advisor can help you make informed decisions that align with your financial objectives and aspirations.

How to Find Us

01229 770001
ATM Orchard Investments The Orchard, Kingsland Road, Millom, Cumbria, LA18 5BP

Lakenwest Ltd trading as: ATM Orchard Investments is registered in England and Wales no. 6330196. Registered office, The Orchard, Kingsland Road, Millom, Cumbria, LA18 5BP.

Lakenwest Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 472648.

If you wish to register a complaint, please write to or telephone 01229 770001

A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at or by contacting them on 0800 0234 567.

© Copyright 2020 Lakenwest Ltd. All rights reserved. Cookie Policy | Privacy Notice

© Copyright 2023 by