Mortgage Brokers London
Our London Mortgage Broker Service
Getting a mortgage in London can bring with it a range of complexities when arranging mortgage finance. Our mortgage service offers:
Whole of market service - we work with most UK mortgage lenders and can access large loans over £1 million
Access to leading market mortgage rates
Access to exclusive mortgage deals not available on high street
Fast turnaround - speak to us today if you need to move quickly
We have lenders who will take into account previous credit issues
Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of innovative finance solutions
Based in London? To investigate your mortgage options call our specialist mortgage team on 0117 403 4474 or fill in our callback request form.
Why Choose Us?
If you’re currently looking for a mortgage to purchase property in London you might be considering using a specialist mortgage broker. London is the most expensive city in the United Kingdom; using an experienced mortgage broker can help you get the right finance for your home.
If you’d like to see a selection of mortgages that might be available to help you purchase London property then you may wish to use the Fair Mortgages service. For an indicative quote of what is available based on current rates you just need to enter what sort of mortgage you are interested in (e.g. first time buyer, buy to let, second home), then fill in the relevant details such as the size of deposit you can afford to put down. The calculator tool will then be able to give you a selection of mortgages that might be available to you so you can compare their different features to help you decide which might be the best choice for you.
The mortgage calculator is only a quick and easy way of assessing what kind of deals are available - for a bespoke view of what you can access based on your circumstances speak to our telephone mortgage team on 0117 403 4474
However some specialist lenders can only be accessed via mortgage brokers, London attracts high property prices so you may be looking for a particularly large mortgage and wondering what lenders are available - large loans in excess of £1million can be sourced through a selection of lenders.
If you want to find out about getting a mortgage for a London property or anywhere else you could fill in the online enquiry form on this website to request a call back from a member of the Fair Mortgages team, who will be able to offer you a free initial conversation.
Fair Mortgages is an independent mortgage broker who can provide you will ‘whole of the market’ advice – this means that you will not be limited to a select pool of lenders, as an intermediary Fair Mortgages can access specialist lenders who cannot be contacted directly by potential borrowers.
Things to consider
There are a diverse range of products available within the mortgage market so you wish to first decide what kind of mortgage you would prefer:
Capital repayment – With a repayment mortgage each month you are required to make a payment to the lender, this amount will pay for the interest that has accumulated on your loan as well as paying off a small portion of the original sum you borrowed. At the end of your mortgage period you will have therefore completely paid off your debt, provided you have kept up with your payments.
Interest only mortgage – Interest only mortgages usually have cheaper monthly charges, however this is because you are only being charged the interest that accrues on the loan. At the end of your mortgage period you will need to pay in full the amount you originally borrowed, due to this increased level of responsibility on the borrower, many lenders have stricter lending criteria than with capital repayment plans.
As a general rule lenders require borrowers to provide them with evidence of a savings or investment plan that illustrates how the borrower intends to raise the capital to repay the loan, they may also require the applicant to earn a larger salary than you would expect for a repayment mortgage.