Mortgage Brokers in Dorset

Total Result 17 - Page 1

J P financial

J P financial

39a, Wycliffe Rd , Bournemouth , Dorset , BH9 1JS 01202 252910

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HSBC Bank plc

HSBC Bank plc

396, Wimborne Rd, Winton , Bournemouth , Dorset , BH9 2HA 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...

IDEAL FINANCIAL SOLUTIONS

IDEAL FINANCIAL SOLUTIONS

Unit 1 Coy Pond Business Park, Ingworth Rd , Poole , Dorset , BH12 1JY 01202 916488

Our team of experts is made up of ; Marcus Woolley (Principal) Karen Celba Luke Errington All of us love our work and strive to offer a trustworthy and genuine service. A lot of our cli...

Purple Mortgages

Purple Mortgages

30 Penn Hill Avenue , Poole , Dorset , BH14 9LZ 01202 569633

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Quintet Financial Services

Quintet Financial Services

42 Alton Rd , Poole , Dorset , BH14 8SW 01202 732703

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1st Commercial Funding Ltd

1st Commercial Funding Ltd

Suite 3 Sandalex House 183-185, Lower Blandford Rd , Broadstone , Dorset , BH18 8DH 020 3239 0195

Having developed over a few years throughout the monetary sector, 1st Business Funding is now one of many leaders within the discipline of economic and purchase to let funding. With large ranging expe...

Amazon Mortgages

Amazon Mortgages

Basepoint Business Centre 32 Aviati, Enterprise Way , Christchurch , Dorset , BH23 6NW 01202 331636

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HSBC Bank plc

HSBC Bank plc

165-167, High St , Poole , Dorset , BH15 1AU 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...

Status Finance

Status Finance

1a, Seymour Place, South St , Wareham , Dorset , BH20 4LR 01202 232275

At Status Finance we pride ourselves on offering a first-class bespoke service to all our clients plus a variety of services and products. We're committed to sustaining a genuine alternative of lender...

Mortgage Force

Mortgage Force

4 Moorland Parade, Moorland Way , Poole , Dorset , BH16 5JS 0871 9006344

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Cherry Mortgage & Finance Ltd

Cherry Mortgage & Finance Ltd

123 Wollaton Rd , Ferndown , Dorset , BH22 8QS 01202 870749

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Mortgage Genie

Mortgage Genie

12 Alder Close, Sandford , Wareham , Dorset , BH20 7QL 0845 1249792

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1st Commercial Funding Ltd

1st Commercial Funding Ltd

12 Olivia Close, Corfe Mullen , Wimborne , Dorset , BH21 3BX 01202 937880

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Trusted Mortgages

Trusted Mortgages

4a, The Fourelle Centre, Black Moor Rd , Verwood , Dorset , BH31 6AX 0845 2244069

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HSBC Bank plc

HSBC Bank plc

111 Poole Rd, Westbourne , Bournemouth , Dorset , BH4 9BQ 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...

Money Wise Independent Financial Advisers Ltd

Money Wise Independent Financial Advisers Ltd

Midland House, 2, Poole Rd , Bournemouth , Dorset , BH2 5QY 01202 545135

We specialize in offering financial solutions by tailoring our financial recommendations to your personal, skilled, and business circumstances. Our goal is to assist enhance your wealth and future fin...

Small Business Mortgages

Small Business Mortgages

10-12 Lansdowne Rd , Bournemouth , Dorset , BH1 1SD 0800 6524172

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If you are looking for mortgage brokers in Dorset, then you are in the right place. We are an online directory of mortgage brokers in the United Kingdom brokers who will assist you with the complete process of credit and mortgage in Dorset.

All the mortgage brokers in Dorset available on our directory are fully authorized and regulated by the financial conduct authority. They will offer complete mortgage in Dorset solutions including mortgage in Dorset advice, protection advice, and all other mortgage-related financial services. You can filter your search as per your occupation too. It does not matter if you are self-employed, employed or business owner, you can search for a broker with the needed expertise.

Getting a mortgage in Dorset is one of the riskiest financial decisions of your life if not executed with prudence. It involves huge risks added with complex terms and conditions. Hence, it is important to get it done the right way. For a first time buyer, it is even more complicated.

The following guide will help you ascertain if you should get a mortgage in Dorset advisor when to seek advice, where to get free mortgage in Dorset advice, how your bank might be able to help, and which comparison websites you can check.

How to choose the right mortgage in Dorset?

Mortgage in Dorset advice: Yes or no?

Risks of not getting mortgage in Dorset advice.
Speak to your bank and people you know
When to approach a mortgage in Dorset adviser
Browse through different websites
Factors to be considered before choosing a mortgage in Dorset

How to choose the right mortgage in Dorset?

The mortgage in Dorset market is incredibly competitive and fluctuating at the same time. With so many different products and options available from various providers, it gets quite difficult to come to a decision while selecting the best option for you. If you are among first-time buyers, everything is sure to go over your head.

However, there is no need to panic. The best and first is to approach your bank as well as a few independent mortgage in Dorset advisors, to see what they have to offer. These initial discussions will give an idea of what the market is currently offering, how it all works, and which are the options that could serve your best. They will also help you learn about the different mortgage in Dorset and protection features.

Given below is a guide that will navigate you through all the steps to help you study your options carefully before making a final decision.

Mortgage in Dorset advice: Yes or no?

It is always a good idea to get in touch with an advisor.

The Financial Conduct Authority of UK mandates every Lender (banks and financial institutions) and mortgage broker in Dorset to offer advice before recommending any mortgage for you.

Before giving out any suggestions, they will assess the level of mortgage in Dorset repayments you will be able to afford by analyzing your total income, debt consolidation, and day-to-day spending. They will do the required calculation and adjustment to determine the amount of mortgage in Dorset credit that suits your needs and financial capabilities to be able to keep up repayments on time.

Is it mandatory to go with your broker’s advice?

It is not mandatory to choose what your lender or broker suggests to you. You can select your deal as per your independent research and study too. Taking advice will definitely help you gain clear insights into all the aspects of the terms and conditions of the credit. It will provide you with the requisite answers you are seeking to select the best mortgage in Dorset for you.

When you choose your own mortgage in Dorset without seeking any kind of financial advice it’s termed as an “execution-only” application.

Risks of not getting mortgage in Dorset advice

It is an act of prudence to do your homework before availing of any financial services from your mortgage broker in Dorset. So, gather your financial information before you talk to lenders or brokers. the list of details that need to be ascertained is given as under:

If you are employed, then have your P60 forms (last 2 years) and last three payslips ready with you.
For self-employed people, have your tax returns duly certified by an accountant or professional adviser
Source of income: Take into account your income from all sources including regular, irregular, investments, and speculative income.

Evidence of daily expenses
Evidence of debts
You future affordability: This checks how you would be able to afford if there is an increase in the interest rate in the future
If you avail of a mortgage on the advice of your mortgage broker in Dorset, which turns out to be unsuitable for you later on, then you’ll have more rights when you make a complaint. You will enjoy the right to make a complaint of financial mis-selling if the advice you were given turned out to be unsuitable for you.

However, if you do not take any advice from your mortgage in Dorset advisor and go for it based on your independent research, you have to take full responsibility for your mortgage in Dorset decision if the same turns out to be unsuitable in the future.

Consequences of nontaking mortgage in Dorset advice:

If you end up with the wrong mortgage, you won’t enjoy any right to make a complaint of mis-spelling. your mortgage in Dorset will turn into bad credit and it will prove to be a financial disaster for you.
You might be rejected by your lender for selecting a mortgage in Dorset, which is not suitable as per your financial capabilities.
Hence, taking a decision after availing advice from your mortgage in Dorset advisors is the best choice especially for a first-time buyer if you want to avoid bad credit later on.

Speak to your bank and people you know

Speaking to your banks is always a good starting point because they know your financial situation inside out. They will always advise you with the best commercial mortgages to go for depending on your needs. They do not charge any fee for their advice as it is a part of their customer service.

You can also talk to their friend and colleagues to learn about their mortgages. They can brief you on the terms and conditions. You can see how their products stack up against the competition before making a final choice.

When to approach a mortgage in Dorset adviser?

A mortgage broker in Dorset or advisor is a specialist in mortgages in Dorset and possess in-depth knowledge of the market. They have the expertise and experience to study a wide range of mortgage in Dorset products before suggesting the best option.

It’s a good idea to speak to a few of them to know about the offers prevailing in the market.

There are three main types of mortgage in Dorset advisors in the market:

Advisors tied to a specific lender: They would provide you with mortgage in Dorset advice and deals from a specific lender only. they will not look at a wide range of options for you. They generally provide free mortgage in Dorset advice.
Tied to a limited list of lenders: As compared to a specific one, they would offer you financial solutions from a set of few lenders.
Not specific to any lender: They would look at various products from the whole market and provide you with a wide range of options based on your individual needs.
Advantages of using an advisor:
They’ll advise you based on your financial capability to make repayments on your mortgage in Dorset, thus ensuring income protection.
They can offer you attractive deals and offers, which are otherwise not available if you search for a mortgage in Dorset independently.
They will assist you with the paperwork, help you understand all the terms and conditions properly. Your applications get processed and approved faster.
They’ll help you take all the costs and features of the mortgage in Dorset into account, beyond the interest rate.
They should only recommend a mortgage in Dorset that is suitable for you and will tell you which ones you’re likely to get
You will enjoy protection in the future if the mortgage in Dorset proves unsuitable to you.
Finding a mortgage in Dorset advisor

Following are some of the top websites for finding details about mortgage in Dorset advisors in Dorset and other parts of the UK

Cherryfind.co.uk
bmadvisers.co.uk
landc.co.uk
Unbiased.co.uk
VouchedFor.co.uk
capitalfortune.com

Fees and charges

The fees and charges of a Mortgage in Dorset advisor will depend on the type of financial solutions and services you avail of. It also depends on the type of product you choose and the value of the mortgage in Dorset.

Some lender specific advisors may provide free advisory services because they receive a commission from their lenders on approved deals.

They will tell you the amount of fee they will charge and there won’t be in any hidden cost.

Once your broker makes a product recommendation they must give you a mortgage in Dorset illustration document(s). This document outlines the terms and conditions of the mortgage in Dorset along with the details of the loan. As it contains all the key facts on the mortgage in Dorset, it is usually called a key facts illustration.

European Standard Information Sheet
The European Standard Information Sheet provides s standard format of pre-contractual information that needs to be provided by a lender while issuing a mortgage in Dorset. The Mortgages Conduct of Business (MCOB) rules of FCA mandates every lender provide this document to their clients.

Factors to be considered before choosing a mortgage in Dorset:

What most people look for while going for a mortgage in Dorset is a low-interest rate. However, there are many other important factors that need to be considered before making a choice.

Some of the important factors are listed as under:

APRC: (Annual Percentage Rate of Charge): APRC is calculated by expressing the amount of mortgage in Dorset fees and interest rate as a percentage.
Deposit size: Generally lower interest rates are available with higher deposit amounts.
The standard rate: It is the rate your mortgage in Dorset will switch to once the fixed-rate deal ends.
Duration of interest?: Whether interest will be charged daily, monthly, or annually? Daily interest generally works out cheaper.
Flexibility of repayments: Can you overpay your mortgage in Dorset before time without being charged? Can you take a break from making payments if at any time you are amidst a financial crisis?

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