Mortgage Brokers in London

Total Result 158 - Page 5

Winchbury Ltd

Winchbury Ltd

33 Brook St , London , W1K 4HG 020 7499 0282

...

View More
Perception Finance

Perception Finance

83 Victoria St , London , SW1H 0HW 020 3031 7805

...

View More
Richard Young

Richard Young

9 Catherine Place , London , SW1E 6DX 020 7233 9266

...

View More
Galapark Ltd

Galapark Ltd

1 Hinde St , London , W1U 2AY 0844 8040556

...

View More
Mortgages Specialist Axcess Capital

Mortgages Specialist Axcess Capital

24 Holborn Viaduct , London , EC1A 2BN 020 3540 7774

...

View More
HSBC Bank plc

HSBC Bank plc

165 Fleet St , London , EC4A 2DY 0345 740 4404

HSBC is an excessive avenue financial institution with branches all around the UK. They provide numerous companies together with financial recommendations, loans, mortgages, and insurance coverage. It...

View More
City & Country Financial Services Ltd

City & Country Financial Services Ltd

154-160 Fleet St , London , EC4A 2DQ 020 3137 0500

...

View More
ARK Mortgages

ARK Mortgages

23 Austin Friars , London , EC2N 2QP 020 3745 1423

ARK Mortgages is a staff of impartial Mortgage Brokers in Ilford, London with vital expertise available in the market. Whenever you name Ark, you'll get straight via to a member of our staff with stra...

View More
Checkyourmortgage

Checkyourmortgage

1st floor Holborn Gate, 330, High Holborn , London , WC1V 7QT 020 3691 1216

...

View More
NatWest Bank plc

NatWest Bank plc

332 High Holborn , London , WC1V 7PS 0345 788 8444

NatWest is a big excessive avenue financial institution with branches nationwide. They provide varied providers equivalent to the financial recommendation, loans, mortgages, and overseas alternate....

View More
Mortgage Matters Ltd

Mortgage Matters Ltd

93-95 Wigmore St , London , W1U 1SJ 020 7493 2030

...

View More
Royal Bank of Scotland

Royal Bank of Scotland

28 Cavendish Square , London , W1G 0DB 0345 724 2424

The Royal Financial institution of Scotland PLC gives many providers together with loans, mortgages, financial recommendation,s and international trade....

View More
Freeland Finance Ltd

Freeland Finance Ltd

Southbank House, Black Prince Rd , London , SE1 7SJ 0845 0944921

...

View More
New Start Financial Services

New Start Financial Services

131-151 Great Titchfield St , London , W1W 5BB 0845 6123835

...

View More
Mortgage Management

Mortgage Management

36, Seymour St, Mayfair , London , W1H 7JF 0870 2000500

...

View More
Halifax

Halifax

110/113 Tottenham Court Rd , London , W1T 5AF 0345 720 3040

Halifax is a novel financial institution on the excessive road. Halifax colleagues go the additional mile to make issues simpler for customers, eradicating obstacles and complexity from their regular ...

View More
HSBC Bank plc

HSBC Bank plc

333 Vauxhall Bridge Rd, Victoria , London , SW1V 1EJ 0345 740 4404

HSBC is an excessive avenue financial institution with branches all around the UK. They provide numerous companies together with financial recommendations, loans, mortgages, and insurance coverage. It...

View More
Experian Ltd

Experian Ltd

80 Victoria St , London , SW1E 5JL 020 3042 4200

...

View More
Mortgageland Ltd

Mortgageland Ltd

87-89, Saffron Hill , London , EC1N 8QU 0845 6710007

...

View More
Empire Commercial Finance

Empire Commercial Finance

New House, 67-68, Hatton Garden , London , EC1N 8JY 020 7183 9287

...

View More

If you are looking for mortgage brokers in London, 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 London.

All the mortgage brokers in London available on our directory are fully authorized and regulated by the financial conduct authority. They will offer complete mortgages in London solutions including mortgage 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 London 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 advisor when to seek advice, where to get free mortgage in London advice, how your bank might be able to help, and which comparison websites you can check.

How to choose the right mortgage in London?

Mortgage advice: Yes or no?

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

How to choose the right mortgage in London?

The mortgage in London 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 decide 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 mortgages in London 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 London 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 London 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 London to offer advice before recommending any mortgage for you.

Before giving out any suggestions, they will assess the level of mortgage in London 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 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 London for you.

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

Risks of not getting a mortgage in London advice

It is an act of prudence to do your homework before availing of any financial services from your mortgage broker in London. 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 in London on the advice of your mortgage broker in London, 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 London advisor and go for it based on your independent research, you have to take full responsibility for your mortgage in London’s decision if the same turns out to be unsuitable in the future.

Consequences of nontaking mortgage in London advice:

If you end up with the wrong mortgage in London, you won’t enjoy any right to make a complaint of mis-spelling. your mortgage 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 London, which is not suitable as per your financial capabilities.
Hence, deciding to avail advice from your mortgage in London 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 in London 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 in London. 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 adviser in London?

A mortgage broker or advisor is a specialist in mortgages in London and possess in-depth knowledge of the market. They have the expertise and experience to study a wide range of mortgage in London 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 London advisors in the market:

Advisors tied to a specific lender: They would provide you with mortgage 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 London 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 London, thus ensuring income protection.

They can offer you attractive deals and offers, which are otherwise not available if you search for a mortgage in London 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 London into account, beyond the interest rate.
They should only recommend a mortgage in London 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 London proves unsuitable to you.
Finding a mortgage advisor

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

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

Charges

The charges of a Mortgage 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 London.

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 London illustration document(s). This document outlines the terms and conditions of the mortgage along with the details of the loan. As it contains all the key facts on the mortgage in London, 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 London. 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 London:

What most people look for while going for a mortgage is a low-interest rate. However, many other important factors 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 number of mortgage in London 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 London 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.
The flexibility of repayments: Can you overpay your mortgage in London before time without being charged? Can you take a break from making payments if at any time you are amidst a financial crisis?