Mortgage Brokers in Croydon
Wherever you live in the UK it’s important to get the right advice for your mortgage.
If you live in Croydon, or are moving into the area it can be helpful to work with an independent mortgage adviser who is nearby.
Croydon covers a large area that includes South Croydon, Purley, Coulsdon, Addiscombe and Selsdon to name just a few. We can help wherever you are.
If you’re looking for a mortgage broker in Croydon, you’ve come to the right place. We are experts in helping people find the best mortgage solutions available, no matter what their circumstances may be.
Whether you’re a first time buyer, looking to remortgage, or wanting to buy a property in one of Croydon’s many suburbs, we can help you to get bespoke mortgage advice, experience the best service and find the perfect mortgage broker.
Croydon is a London Borough located in South London. It is the largest borough by population and covers an area of around 83 square kilometres. The Borough of Croydon is made up of a number of suburbs, including Addiscombe, Coulsdon, Crystal Palace, Kenley, Norbury, Purley, Selhurst, Thornton Heath and Waddon.
From a small market town Croydon has expanded into one of the most populous areas on the fringe of London. Croydon is full of culture. Its landmarks include the Croydon Clocktower – an arts venue opened by Queen Elizabeth II, the Shirley Windmill – one of the few surviving large windmills in Greater London, and the BRIT School – which has produced artists such as Adele and Amy Winehouse.
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 Croydon and London.
What does a mortgage broker do?
A mortgage broker is a professional who can help you find the best mortgage solution for your individual circumstances. They will have access to a wide range of lenders and products, and will be able to provide impartial advice on which one would suit you best.
The mortgage broker’s job is to save you time and money by doing all the hard work for you. They will carry out extensive research to find the most suitable mortgage deal for your needs, and will then negotiate with lenders on your behalf to get you the best possible rate.
Why would you need a mortgage broker?
There are many reasons why you might need a mortgage broker. Maybe you’re a first time buyer and don’t know where to start. Maybe you’re looking to remortgage and want to understand the remortgage process. Maybe you’re self-employed or have bad credit, and need help finding a mortgage that will suit your circumstances.
There are also specialist areas of lending that only a broker operates in. For example CIS mortgages. These are available from a limited number of lenders and to be eligible you need to be a CIS registered subcontractor. Who knew?
What types of mortgage can a broker deal with?
Mortgage brokers can deal with a wide range of mortgage products, from standard variable rate mortgages to buy-to-let and commercial loans. They will also have access to exclusive deals that you might not be able to find yourself.
How do brokers get paid?
Mortgage brokers are typically paid a commission by the lender, which is a percentage of the loan amount. Some will charge a fee for their service as well. It’s important to ask about this upfront so that you’re not surprised by any additional costs further down the line. Most advisers will offer a free initial consultation where they will explain the mortgage process, including any fees.
Do mortgage brokers charge a fee?
How to find a broker in Croydon
If you’re looking for a mortgage broker in Croydon, there are a few things you should bear in mind. Firstly, make sure that the broker is properly qualified and regulated by the Financial Conduct Authority (FCA). You can check this by visiting the FCA website or by asking the broker for their registration number.
It’s also a good idea to ask for recommendations from friends or family who have recently bought a property in Croydon.
If you’re ready to start looking for a mortgage broker in Croydon, then why not get in touch with us today?
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.
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