Mortgage Brokers in Colchester
Whatever part of the UK you live in it’s important to get the right advice for your mortgage.
If you live in Colchester, or are moving into the area it can be helpful to work with a whole of market mortgage adviser who is nearby.
Did you know that Colchester is the oldest recorded town in England? It was founded by the Romans in the first century AD. And mortgage brokers have been around since, well, at least then.
So if you’re looking for a broker who knows his way around a Roman villa, you’ve come to the right place!
Attractions in and around the town include Colchester Castle, Colchester Zoo, Greenstead Church (the oldest wooden church in the world), and the Hollytrees Museum.
What is the housing market in Colchester like?
There are a variety of different types of housing available in Colchester, from traditional terraced houses to more modern developments. The average 2022 price for a semi-detached house in Colchester was £316,495, although this will vary depending on the exact type and location of the property.
What does a mortgage broker do?
A mortgage broker is a professional who helps people find the best mortgage deals to suit their individual needs. They will assess your financial situation and provide you with a range of different options, from fixed-rate mortgages to tracker mortgages.
Why would you need a mortgage broker?
There are a number of reasons why you might need a mortgage broker. Perhaps you’re a self-employed director and finding it difficult to get a mortgage from a high street lender. Or maybe you have a poor credit rating and need some help finding a deal that’s right for you. Whatever your situation, a mortgage broker can help you find the right mortgage.
Respect Mortgages works with one of the largest and most respected independent mortgage brokers. They have been in business for over 45 years and have qualified advisers all over the UK, including Colchester and the wider Essex area.
What types of mortgage can a broker deal with?
There are a variety of different types of mortgage available, and a broker can help you find the right one for your needs. This includes fixed-rate mortgages, tracker mortgages, limited company holiday let mortgages, and even commercial mortgages.
Bridging loans are also available from some brokers. This is a type of short term loan that can be used to ‘bridge the gap’ between the purchase of one property and the sale of another.
What lenders would they have access to?
Mortgage brokers have access to a wide range of different lenders, from high street banks to specialist lenders. This means that by using a broker you will have a huge amount of choice, much more than if you looked by yourself.
Do brokers need to be qualified?
All mortgage brokers in the UK must be qualified and approved by the Financial Conduct Authority (FCA). This ensures that they are up to date with the latest regulations and have the necessary skills to provide you with the best possible service.
How to find a broker in Colchester
If you’re looking for a mortgage broker in Colchester, there are a few things you can do. Firstly, you could ask your family and friends if they know of any good brokers in the area. Alternatively, you could search online.
But why waste time doing all that!
Just fill in our simple form and we will arrange for a fully qualified adviser to contact you.
A wide range of mortgage options
LOOKING AFTER YOUR BORROWING NEEDS
Buy to let
Competitive buy to let mortgages that include options for SPV borrowing, purchase, remortgage or capital raise.
Holiday Let
Specialist advice for UK holiday let mortgages including Furnished Holiday Lets, Airbnb and mixed use properties. Solutions for purchase, remortgage and develop.
Moving Home
Take the stress out of finding a moving home mortgage by letting our brokers arrange that for you.
Second Homes
A second home mortgage will allow you to purchase a UK holiday home for you and your family to enjoy.
Remortgages
Time to remortgage? Switch your mortgage to a new lender and grab yourself a new interest rate at the same time.
First Time Buyer
All the help you need getting onto the property ladder and buying your first home. Including a cracking mortgage deal, sourced just for you.
Equity Release
An equity release lifetime mortgage can provide a tax-free lump sum or ongoing sums of money that you can spend however you wish.
Specialist Mortgages
Multiple streams of income, employment status, size of mortgage or perhaps an unusual property? Let’s get to work…
Mortgage Guides
Our mortgage guides will help you understand and compare different mortgage products whether you’re starting out, moving, remortgaging or buying to let.
Insurance
Making sure you, your home and your mortgage are protected against the unexpected.
Mortgage Calculators
Our easy to use mortgage calculators can help you at every stage of your mortgage journey. From working out what you could borrow to calculating the Stamp Duty.
SPV Mortgages
Rather than buying an investment property in their own name, many investors are now choosing to do this through a Special Purpose Vehicle limited company, or SPV.
Other areas covered:
