Mortgage Broker Southampton

As a mortgage broker, our job is very rewarding. With access to lots of lenders, it’s very rare that we have to say ‘no’ to someone. Some of our brokers have experience working within banks and can vouch for the fact that if you didn’t fit the criteria, you weren’t able to secure a mortgage – but that’s not the case with us. 

A lot of people don’t realise that it’s not just high street lenders we have access to, we can offer the service of those that will only deal with mortgage brokers – so you can be sure you are getting access to the wide range of over 50 lenders we have access to on our panel! It’s then our job to help you find the right lender for your circumstances. 

Who can we help? 

We are a mortgage broker based in Southampton, but we deal with people all over the country in all different situations – from first time buyers to people buying to let. 

Helping first time buyers secure their first home is a feeling we never get bored of, buying your first home is such a special time and we want to do all we can to help make it happen.

We also help those who may have struggled to get a mortgage in the past. We deal with self employed individuals as they can often find it difficult to secure a mortgage due to their fluctuating income that isn’t always guaranteed. With access to a number of different lenders and knowledge of those that are experienced in working with the likes of self employed individuals, your chances of securing a mortgage are already much greater. 

Standard variable rates

Standard variable rates (SVR) are a common term in the mortgage world. They are often overlooked or they can leave borrowers feeling confused and unsure what to do next. 

When somebody’s initial rate comes to an end they invariably end up on their lender’s standard variable rate, which is generally a rate that the lender has set for themselves. It’s not necessarily linked to anything and historically can be considerably higher than some of the rates that other lenders would potentially offer. 

If someone is nearing the end of their mortgage, our job is to find out what’s right for them in terms of next steps and show them the difference between what they’re potentially going to end up paying with their existing lender when their rate comes to an end, compared to what they would be able to pay if they were to consider just moving their mortgage to a different lender – a process called remortgaging.

Most lenders even cover the legal costs involved in remortgaging, so there’s very little cost to the client. In fact, a lot of the time there’s no cost at all, other than a product fee to secure a lower rate as opposed to one where there’s no fee at all. 

There are a lot of people who are currently sitting on the standard variable rate without even realising and they are unaware that by getting in touch with a mortgage broker like us and exploring other options, they could knock years off their mortgage term by switching to a different mortgage deal. 

We don’t just look at mortgages…

If you’re looking to change your mortgage, by approaching a mortgage broker we can also look at other areas of protection you may not have considered. 

We offer to review any existing protection that’s in place just to make sure that it’s still doing what it was intended to do when it was first taken out and identify whether there’s any shortfalls. Some people end up taking further advances on their mortgage, for example  they’ve increased the loan amount but they’ve never considered that protection is now running at a lower level than their commitment. We can look into things like critical illness cover, income protection, buildings and contents insurance, life insurance and regularly review it to ensure the client’s arrangements remain appropriate for them.

Why us?

A mortgage broker is there to help you find the right deal for you. That’s not necessarily always the lowest rate, but we look at what’s most cost effective. We take into account the fees that the client would incur and get to know them so that the mortgage we are  recommending is the right one. 

We give our clients everything they need to know to confirm why the mortgage we’re recommending matches their needs perfectly.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Some Buy to Let mortgages are not regulated by the Financial Conduct Authority