Mortgage Brokers in Coventry

Total Result 56 - Page 1

Bradley Taylor Mortgage Services

Bradley Taylor Mortgage Services

4th floor, Friars House, Manor House Drive , Coventry , CV1 2TE 024 7693 2179

Welcome to Bradley Taylor Mortgage Companies, we provide a market-main mortgage dealer service masking the Coventry & Warwickshire space. We search 1000's of mortgage offers to save lots of you c...

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Mortgage Advice Bureau

Mortgage Advice Bureau

2 Greyfriars Rd , Coventry , CV1 3RY 024 7650 0000

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Gregory Law Financial Planning Ltd

Gregory Law Financial Planning Ltd

Suite 7 rear of 53 Warwick St , Coventry , CV5 6ET 024 7671 7564

Whether or not you might be getting on the housing ladder for the primary time or about to retire, we can advise you to verify these "large choices" are the best ones for you. Our workforce of advi...

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Prichard & Hewitt

Prichard & Hewitt

2nd floor, 18, Queens Rd , Coventry , CV1 3EG 024 7663 3366

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Virgin Money

Virgin Money

45/46 Hertford St , Coventry , CV1 1LF 024 7623 9231

Virgin Money offers a wide range of financial products....

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1st Call 4 Mortgages (UK) Ltd

1st Call 4 Mortgages (UK) Ltd

58 Richmond St , Coventry , CV2 4JB 0330 606 2683

1...

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Halifax

Halifax

14 Market Way , Coventry , CV1 1DL 0345 600 3934

Halifax is a unique bank on the high street. Halifax colleagues go the extra mile to make things easier for customers, removing barriers and complexity from their everyday lives whether in a branch, o...

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Santander

Santander

29 High St, Waters Court , Coventry , CV1 5RE 0800 912 3123

Santander provide a wide range of banking services, from current and savings accounts to loans, credit cards and mortgages....

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NatWest Bank plc

NatWest Bank plc

24 Broadgate , Coventry , CV1 1NE 0345 788 8444

NatWest is a large high street bank with branches nationwide. They offer various services such as financial advice, loans, mortgages and foreign exchange....

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The Co-operative Bank

The Co-operative Bank

6 Warwick Row , Coventry , CV1 1EE 024 7625 1685

The Co-operative Bank PLC provides a wide range of financial services. They also have ATM machines for cash withdrawal and statement services....

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Nationwide Building Society

Nationwide Building Society

62-64 Broadgate , Coventry , CV1 1NF 0800 554 0531

As a mutual, we’re owned by and run for, the advantage of our members* – that means we’re free to reinvest extra of our earnings into better services and products. Final yr alone, we paid again ...

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2plan Wealth Management

2plan Wealth Management

8 Eaton Rd , Coventry , CV1 2FF 024 7699 8058

As unbiased financial advisers, we can present recommendations on investments, retirement planning, the financial safety of your loved ones or your online business, and buying property. We're capable ...

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Yorkshire Building Society

Yorkshire Building Society

69 Hertford St , Coventry , CV1 1LB 024 7648 0628

At the current time, we ask that you only visit our branches and agencies to carry out essential transactions. Visit our website to find out what essential transactions are, how you can manage your fi...

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Lloyds Bank

Lloyds Bank

30 High St , Coventry , CV1 5RE 0345 602 1997

Lloyds Bank is proud to serve the people, businesses and communities of Britain. Lloyds Bank is one of the UK’s leading retail and commercial banks, with high-street branches, award-winning online, ...

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Yorkshire Bank

Yorkshire Bank

7-11 High St , Coventry , CV1 5SB 0800 456 1247

Yorkshire Bank PLC offers a range of services for personal and business customers such as financial advice, loans and mortgages....

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Royal Bank of Scotland

Royal Bank of Scotland

15 Little Park St , Coventry , CV1 2RN 0345 724 2424

The Royal Bank of Scotland PLC offers many services including loans, mortgages, financial advice and foreign exchange....

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HSBC Bank plc

HSBC Bank plc

5-6 High St , Coventry , CV1 5RE 0345 740 4404

HSBC is a high street bank with branches all over the UK. They offer various services including financial advice, loans, mortgages and insurance. It is one of the world's largest banking and finan...

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Coventrymoneyman - Mortgage Brokers

Coventrymoneyman - Mortgage Brokers

Sherbourne House Humber Avenue , Coventry , CV1 2AQ 024 7688 0948

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Barclays Bank plc

Barclays Bank plc

25 High St , Coventry , CV1 5QZ 0345 734 5345

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The Coventry

The Coventry

19-20 High Street , COVENTRY , CV1 5QN 024 7622 0011

The Coventry Building Society offer a wide range of financial services including the administering of mortgages, saving accounts and financial advice. They also have ATM machines....

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In case you are searching for mortgage brokers in Coventry, then you might be in a precise place. We’re a web-based listing of mortgage brokers in the UK brokers who will help you with the entire technique of credit score and mortgage.

All of the mortgage brokers accessible on our listing are absolutely approved and controlled by the financial conduct authority. They are going to provide full mortgage options together with mortgage recommendations, safety recommendations, and all different mortgage-related financial providers. You possibly can filter your search as per your occupation too. It doesn’t matter if you’re self-employed, employed, or enterprise proprietor, you’ll be able to seek for a dealer with the wanted experience.

Getting a mortgage is likely one of the riskiest financial choices of your life if not executed with prudence. It includes big dangers added with complicated phrases and circumstances. Therefore, it is very important to get it carried out by the precise approach. For a primary time buyer, it’s much more difficult.

The next information will aid you to verify in the event you ought to get a mortgage advisor when to hunt recommendation, the place to get free mortgage recommendation, how your financial institution may be capable to assist, and which comparability web sites you’ll be able to examine.

How to decide on the precise mortgage?

Mortgage recommendation: Sure or no?

Dangers of not getting mortgage recommendation.
Communicate to your financial institution and other people you understand
When to strategy a mortgage adviser
Flick through completely different web sites
Components to be thought of earlier than selecting a mortgage

How to decide on the precise mortgage?

The mortgage market is extremely aggressive and fluctuating at the identical time. With so many various merchandise and choices accessible from varied suppliers, it will get fairly tough to decide whereas choosing the best choice for you. In case you are amongst first-time consumers, everything is bound to go over your head.

Nevertheless, there is no such thing as a must panic. The most effective and first is to strategy your financial institution in addition to some impartial mortgage advisors, to see what they’ve to supply. These preliminary discussions will give a concept of what the market is at the moment providing, the way it all works, and that are the choices that would serve your greatest. They can even aid you to study concerning the completely different mortgage and safety options.

Given under is information that may navigate you thru all of the steps that will help you examine your choices rigorously earlier than making a remaining determination.

Mortgage recommendation: Sure or no?

It’s all the time a good suggestion to get in contact with an advisor.

The Financial Conduct Authority of UK mandates each Lender (banks and financial establishments) and mortgage dealer to supply recommendations earlier than recommending any mortgage for you.

Earlier than giving out any ideas, they’ll assess the extent of mortgage repayments it is possible for you to afford by analyzing your complete revenue, debt consolidation, and day-to-day spending. They are going to do the required calculation and adjustment to find out the quantity of mortgage credit score that fits your wants and financial capabilities to have the ability to sustain repayments on time.

Is it necessary to go along with your dealer’s recommendation?

It’s not necessary to decide on what your lender or dealer suggests to you. You possibly can choose your deal as per your impartial analysis and examine too. Taking recommendations will certainly aid you to acquire clear insights into all of the elements of the phrases and circumstances of the credit score. It is going to give you the requisite solutions you might be searching for to pick out the perfect mortgage for you.

If you select your personal mortgage without searching for any form of financial recommendation it’s termed as an “execution-only” software.

Dangers of not getting mortgage recommendation

It’s an act of prudence to do your homework earlier than availing of any financial providers out of your mortgage dealer. So, collect your financial data earlier than you speak to lenders or brokers. the record of particulars that should be ascertained is given as underneath:

In case you are employed, then have your P60 types (final 2 years) and final three payslips prepared with you.
For self-employed individuals, have your tax returns duly licensed by an accountant or skilled adviser
Supply of revenue: Bear in mind your revenue from all sources together with common, irregular, investments, and speculative revenue.

Proof of everyday bills
Proof of debts
You future affordability: This checks how you’ll be capable to afford if there is a rise within the rate of interest sooner or later
If you happen to avail of a mortgage on the recommendation of your mortgage dealer, which seems to be unsuitable for you in a while, then you definitely have extra rights whenever you make a criticism. You’ll get pleasure from the precise to criticize financial mis-selling if the recommendation you got turned out to be unsuitable for you.

Nevertheless, if you don’t take any recommendation out of your mortgage advisor and go for it based mostly on your impartial analysis, you must take full accountability in your mortgage determination if the identical seems to be unsuitable sooner or later.

Penalties of non taking mortgage recommendation:

If you find yourself with an unsuitable mortgage, you gained get pleasure from any proper to criticize mis-spelling. your mortgage will flip into spotty credit and it’ll show to be a financial catastrophe for you.
You are likely to be rejected by your lender for choosing a mortgage, which isn’t appropriate as per your financial capabilities.
Therefore, taking a choice after availing recommendation out of your mortgage advisors is the only option particularly for a first-time purchaser if you wish to keep away from spotty credit in a while.

Communicate to your financial institution and other people you understand

Talking to your banks is all the time a great place to begin as a result of they know your financial scenario inside out. They are going to all the time advise you with the perfect business mortgages to go for relying on your wants. They don’t cost any charge for his or her recommendation because it is part of their customer support.

You may as well speak to their buddy and colleagues to find out about their mortgages. They’ll temporarily you on the phrases and circumstances. You possibly can see how their merchandise stacks up in opposition to the competitors earlier than making a remaining alternative.

When to strategy a mortgage adviser?

A mortgage dealer or advisor is a specialist in mortgages and possesses in-depth data on the market. They have the experience and expertise to check a variety of mortgage merchandise earlier than suggesting the best choice.

It’s a good suggestion to talk to some of them to know concerning the presents prevailing available in the market.

There are three essential sorts of mortgage advisors available in the market:

Advisors tied to a selected lender: They’d give you mortgage recommendations and offers from a selected lender solely. they won’t have a look at a variety of choices for you. They often present a free mortgage recommendation.

Tied to a restricted record of lenders: As in comparison with a selected one, they’d give you financial options from a set of few lenders.

Not particular to any lender: They’d have a look at varied merchandise from the entire market and give you a variety of choices based mostly on your particular person wants.
Benefits of utilizing an advisor:

They’ll advise you based mostly on your financial functionality to make repayments in your mortgage, thus guaranteeing revenue safety.

They’ll give you enticing offers and presents, that are in any other case not accessible in the event you seek a mortgage independently.

They are going to help you with the paperwork, aid you perceive all of the phrases and circumstances correctly. Your functions get processed and accepted quicker.

They’ll aid you to take all the prices and options of the mortgage under consideration, past the rate of interest.
They need to solely suggest a mortgage that’s appropriate for you and can let you know which of them you’re prone to get

You’ll get pleasure from safety sooner or later if the mortgage proves unsuitable to you.
Discovering a mortgage advisor

Following are a number of the prime web sites for locating particulars about mortgage advisors in Coventry and different elements of the UK

Cherryfind.co.uk
https://www.bmadvisers.co.uk/
https://www.landc.co.uk/
Unbiased.co.uk
VouchedFor.co.uk
https://capitalfortune.com/

Charges and expenses

The charges and expenses of a Mortgage advisor will rely upon the kind of financial options and providers you avail of. It additionally relies on the kind of product you select and the worth of the mortgage.

Some lender particular advisors could present free advisory providers as a result of they obtain a fee from their lenders on accepted offers.

They are going to let you know the quantity of charge they’ll cost and there gained be in any hidden value.

As soon as your dealer makes a product suggestion they have to provide you with a mortgage illustration doc(s). This doc outlines the phrases and circumstances of the mortgage together with the main points of the mortgage. Because it comprises all the important thing details on the mortgage, it’s normally known as a key detail illustration.

European Commonplace Data Sheet

The European Commonplace Data Sheet gives s commonplace format of pre-contractual data that must be supplied by a lender whereas issuing a mortgage. The Mortgages Conduct of Enterprise (MCOB) guidelines of FCA mandates each lender to present this doc to their clients.

Components to be thought of earlier than selecting a mortgage:

What most individuals search for whereas going for a mortgage is a low-interest charge. Nevertheless, there are a lot of different necessary elements that should be thought of earlier than making an alternative.

Among the necessary elements are listed as underneath:

APRC: (Annual Percentage Rate of Charge): APRC is calculated by expressing the number of mortgage charges and rate of interest as a proportion.
Deposit dimension: Usually decrease rates of interest can be found with increased deposit quantities.
The usual charge: It’s the charge your mortgage will swap to as soon as the fixed-rate deal ends.
Length of curiosity?: Whether or not curiosity will likely be charged every day, month-to-month, or yearly? Day by day curiosity usually works out cheaper.
Flexibility of repayments: Are you able to overpay your mortgage earlier than time without being charged? Can you’re taking a break from making funds if at any time you might be amidst a financial disaster?