Mortgage Broker Services
Mortgages
Your mortgage is probably the most significant financial decision of your life, and will almost certainly be the largest debt you take on. It's therefore an important decision to get right.
We are independent and offer an unrestricted number of first charge mortgages from the whole of the mortgage market.
More importantly than that, we don't want your mortgage to be decided for you without your input. We will walk you through the process, adapting to whatever your level of knowledge may be. Everything is transparent and clear, we will always discuss who we believe is the most appropriate lender for you and why. We will explain all the options available and all the quirks of your mortgage that you may not have known about previously.
Our after sales care will ensure you never have to worry about slipping onto the higher follow on rate with your existing lender. We will contact you several months before and assess your case as if it were new, and recommending what we believe is the best course of action for your situation at that time.
Buying a property to live in
- First Time Buyers
- Home-movers
- Right to Buy
- Help to Buy
- Shared Ownership
- Remortgages
- Porting an existing mortgage to a new property
- Product Transfers
- Joint Borrower Sole Proprietor etc
Buying a property to rent to tenants
- Usually Larger Deposit Requirement
- Personal BTL
- Ltd Company BTL
- BTL Remortgages
- Capital Raising etc
Mortgages are not something to be afraid of, and you may have more options open to you than you think. For the sake of a 10 minute phone-call, you will see we work differently, and could save you money.
Click here to contact an advisor to go through your situation in detail.
Have you compared every rate with every lender?
Protection
Life Insurance
This is not just about having a large debt in the shape of a mortgage, it's about assessing your needs as a person, couple or family unit. Different people have different needs and wants. Maybe you have cover at work but want a separate life policy, maybe you got cover with your last mortgage and want to review/top up, or maybe you don't believe in life insurance but have a curiosity to learn more.
Whatever your situation or preference, we offer a completely free review and application process. We will go through your needs/wants/budget and recommend a policy solution that covers you for every eventuality you are concerned about. There are no obligations and no costs at any point, all you would ever pay for is the policy you choose.
Life policies are available on a level or decreasing term (descriptions in glossary), and can cover you for the term of the mortgage or a term of your choosing, paying a lump sum to your family or dependents in the event of your untimely death.
Critical Illness Cover (CIC)
Pays a pre-defined lump sum on the diagnosis of a listed condition with the provider. Usually the most expensive policy due to the frequency of payout and statistical likelihood of people having a critical illness in their lifetime. A horrible thought, and a horrible situation to have to deal with. If it happened to you or a loved one, unfortunately, you would have to think about your financial situation.
A Critical Illness policy gives you peace of mind that the financial side would be taken care of allowing you to focus on more important things.
In the event of such an illness, you may wish to take time off work, have specialist treatment, adapt living conditions or simply pay down your mortgage to make it more manageable.
Income Protection (IP)
If you are no longer able to do your job, how would you pay the mortgage? If you cannot work due to illness or injury, this policy replaces a percentage of your income.
This can be a relatively low cost policy (occupation dependent) if taking into account an initial deferred period. For example, if you already have sick pay at work, you can arrange to have this policy begin afterwards. You can also set it up for a limited pay out period, or it can cover you up to retirement age.
Family Income Benefit (FIB)
If you have children, this policy can protect you against losing one household income due to death. It will pay out a pre-defined monthly amount to the surviving partner until the age they have chosen for their child to no longer be a dependent.
Example
Dad's income £30,000
Mum's income £30,000
Children, 2 & 5yrs old
Sadly dad passes away
Mum now needs to support 2 kids and try to keep working to do so.
All the childcare costs are still there.
Luckily, they had a life policy and FIB, so Mum has no mortgage (life) and receives £1,000 per month (FIB) until her youngest is 21. She can pay the childcare and keep working. They are financially stable.
Accident and Sickness Cover
This cover usually has no medical questions or underwriting and is available to anyone. It offers fixed payouts for broken bones, overnight stays in hospital up to 90 days and accidental death. It is also a fixed price policy and the cover varies depending on how many units of cover required.
It is a popular choice for Police, NHS staff and other emergency service workers as provides an additional cover on top of that supplied by their employer.
You can also cover your children on the policy for a small additional cost per month and if you play competitive sports there are other add ons.
The biggest factor is that there's no medical questions, so even if you're declined traditional life/health insurance, you can still have this.
Overview
All of our protection policies are quoted from the top UK providers. Companies who pride themselves on having high payout rates (well above 90%), being reliable and providing a greater amount of cover. There are other smaller companies, possibly with cheaper rates, but who might do everything in their power not to pay in the event of a claim, and will they even still be around in 25yrs?
You wouldn't buy the cheapest parachute if you wanted to take up skydiving....why would you choose the cheapest insurer, who might cover fewer conditions on their non-life policies, could go bust at any time, and may not pay out when you really need them to? You will find the quotes we cater to you competitive, usually with lower cost options available, we want you to see these policies for what they are. Choosing something like a life policy is a personal thing and shouldn't be done purely on cost. Would you choose the very cheapest car on the market just because it basically does the same thing as a more expensive car?
Other Insurances
General Insurance, Buildings & Contents, Landlord Cover
We offer a free review and application process for all general insurances listed above.
A surprising number of people who buy their home insurance from comparison websites are under-insured. What that means is that they have a re-build amount on their buildings policy which is less that the actual rebuild amount needed.
Example
You have a rebuild cost in your insurance policy of £100,000
You pay an annual insurance premium of £200 for your building insurance
Your house burns down (sad face)
Your actual rebuild cost, accommodation, site clearance costs £200,000
The insurance provider sees you've been paying 50% of what is required
YOU WERE UNDER-INSURED
The insurance provider may only pay out 50% of the claim as a result
You receive £50,000 from the insurance
(very sad face)
How much does your mobile phone cost? Do you take it outside the house with you? Your home insurance could cover it.
Did you know you can protect your child's belongings if they go away to university on your home insurance?
You can insure special items specifically and even cover your garden on some policies.
If you are a Landlord, there are specific services that can offer you peace of mind. Rent guarantee insurance and legal protection should you have a difficult tenant. Also cover if you have a tenant wreck your property.
People never think the worst will happen to them, why take the risk
Bespoke Finance Options
Second Charge
If your credit is impaired or you are locked into your current mortgage with high exit fees. A second charge against the property may be the solution. It can help clear debts and raise extra finance in the short term allowing you to do something outside the normal remit of your main mortgage.
Bridging Finance
Can help you buy at auction while the main mortgage is coming through, can also allow you to buy your next property if you are struggling to sell your current residence, effectively making you chain free and a more attractive buyer.
Commercial Finance
Land, retail units, unusual buildings, offices, studios, all require commercial finance. Commercial remortgages to raise money, even professional landlords looking to incorporate their portfolio
High Net Worth
We can create a bespoke package through private banks for certain individuals with high net worth based around assets or income. Sometimes these people do not fit the traditional lending criteria, however, there are still lenders and options available, many of which could even be cheaper than the high st.
Pensions and Financial Advice
We can refer you to independent financial advisors who will be able to assess your position and make recommendations on that basis
Solicitors
We have a select number of solicitors we work alongside who will make the purchase/sale of your property that little bit smoother
Surveyors
Independent Royal Institute of Chartered Surveyors (RICS) registered companies who can assist with homebuyers, property reports and full structural/engineer reports.