For many people, a mortgage is the largest investment they will ever make. So it’s crucial that you speak to an experienced Mortgage & Protection Adviser who can search through the maze of products to advise you on the best deal available to suits your needs.
Call us on 01702 533 400 for a free no-obligation consultation or arrange a callback. Our offices are open Monday to Friday from 9:00 – 17:30. If you are not available to speak to during these times then please advise us of this in the “Comments” section of the Call Back form and we will aim to contact you at a time convenient for you.
We’ve designed our mortgage calculators to provide you with an idea of the amount you could borrow and how much it will cost you each month.
To get an accurate quote; based on your income, expenditure and any commitments, we recommend that you speak to our Mortgage and Protection Advisers
You could borrow up to
Use our stamp duty calculator to work out how much stamp duty is payable when purchasing a residential property or an additional property.
We compare every lender in the marketplace, which means we can access lenders who only deal directly with qualified advisers.
Our qualified advisers are salaried, so you can be sure that you are receiving the best impartial advice.
We promise that you won’t be passed from pillar to post. One of our qualified advisers will deal with your application from start to finish.
Your initial consultation is completely free. We will only charge you a fee if you decide to proceed with your application.
Our best buy tables allow you to compare thousands of products to give you an indication of the types of mortgages available to you. Please be aware that the information is computer generated and relies on certain assumptions, like your credit commitments and monthly expenditure.
When you’re ready for an accurate quote that is personalised to your individual requirements, call our Mortgage and Protection Advisers on 01702 533 400 for a free no obligation quote.
We’ve created a range of useful guides to help you to understand the different types of products available and the full application process.
Insurance which pays all or a percentage of your monthly mortgage payment if you cannot work due to an accident, sickness or redundancy. Also known as Payment/Income Protection Insurance, Accident, Sickness and Redundancy Insurance (ASR) or Mortgage Repayment Protection (MRP) or Mortgage Payment Protection Insurance (MPPI).
If you cannot meet your minimum required monthly mortgage repayment and go into arrears on your mortgage, this is known as 'defaulting'. If this happens you should speak to your mortgage lender about how to remedy the situation and there are also Government schemes designed to help people whose homes are at risk from repossession.
A fee imposed by a lender if all or part of a mortgage is paid off before the expiry of a Fixed, Discounted or Capped Rate period or within a specified period for these and other products (such as Cash Back mortgages). These penalties typically equate to a number of months' interest, or to a percentage of the total loan amount. Also called Early Redemption Fee or Prepayment Penalty.
An interest only mortgage with an endowment policy assigned to it. The borrower normally pays only interest during the term of the mortgage and pays separate premiums into an Endowment Policy that is designed to repay the mortgage at the end of the term, although not guaranteed. The Endowment Policy also provides life insurance to repay the loan if the borrower dies.
A fee charged by a lender if the mortgage amount is above a specified percentage of the property value (usually 75%-80%). Also known as Mortgage Indemnity Premium/Protection (MIP); Mortgage Indemnity Guarantee (MIG); Mortgage Indemnity Fee; Mortgage Guarantee Insurance (MGI); High Percentage Loan Fee; Additional Security Fee.
A document showing the actual monthly cost of a particular mortgage (including any fees that have been added to the loan), based on the information supplied. The quotation also shows all other mortgage-related expenses for a particular mortgage, such as estimated solicitor fees and survey costs. (Also called Illustration).
A mortgage where part of the actual loan plus interest on the outstanding loan amount is repaid each month, gradually reducing the amount borrowed. A repayment mortgage guarantees to repay the total mortgage debt at the end of the mortgage term provided the correct monthly repayments are made on their due dates. Also called a Capital & Interest Mortgage.
Shared ownership schemes are designed to allow people who would otherwise be unable to get a foot on the property ladder to do so. The home buyer will enter into an agreement, usually with a local housing association, which sees them take out a mortgage on a share of the property and pay rent on the remainder. The portion that is owned will vary depending on the circumstances.
The default interest rate charged by lenders which is usually in line with a stated index, such as the Bank of England Base Rate. It rises and falls broadly in line with changes in the Bank of England Base Rate and is normally applied at the end of a 'special rate' period, such as a fixed, capped or discounted rate.
A detailed examination of a property's structural condition by a surveyor or other qualified person. A structural survey report will normally provide a full and detailed description of the structure, list all the defects and alert the recipient if a specialist report is needed, e.g. drainage, damp or subsidence. Also called a Buildings Survey or Full Structural Survey, and ranks higher than a Home Buyer's Report.
The period you agree to stay with the lender for when you take up a special offer mortgage (Fixed Rate, Discount, Cash Back etc). These sorts of products normally commit you to staying at least until the end of any special rate offer, and sometimes for a period afterward. If you decide to repay your mortgage during the tie-in period you will normally have to pay an Early Redemption Penalty.
The role of the underwriter is to look at individuals based on knowledge of that individual - e.g. medical history, hereditary illnesses, occupation, sporting activities. For the life assurance, they will assess the risk and decide whether to offer cover and if so at what price. For mortgages they will decide whether to lend.
Is an additional option that can be taken out with most forms for protection. The insurance company will pay the premiums due on a life assurance policy if the policy holder is unable to do so because they are unable to work due to accident or illness. The insurance company will pay the premiums for you until you are able to return to work.