Frequently Ask Question


The amount that each person can borrow is based on their income, their current financial commitments and to some extent the amount of deposit they have. Why not make an appointment with us for a no obligation chat. We will get to know you and your circumstances and work out how much you can borrow so you can move forward with your property purchase with confidence.

The minimum deposit can be as low as 5%. The size of deposit has an impact on the interest rate you’ll be offered, you will often find positive reductions in the interest rates available once your deposit reaches 15% or higher.

There are different criteria applied by lenders when assessing income for a self employed person versus those that are employed but you can still get a mortgage. We have a lot of experience helping people who are self employed, contractors, CIS workers etc and once we get to know you and your business we’ll work out which lenders that would be best for us to approach based on your circumstances.

Aside from the interest we’ve talked about, many lenders offer free valuations and no arrangement fees. We are also pleased to say that unlike many advisers we offer a fixed fee for our advice service – just £995 with £250 being payable once we have provided you with our recommendations and a further £745 payable upon arranging any plan, regardless of how much you wish to release. This not only helps limit the cost of setting up any scheme but also means we will offer unbiased advice. We will also receive a payment from the lender.

A mortgage is probably the biggest financial commitment you’ll ever make, and you may have little or no previous experience of applying for one. It’s not always easy to compare different mortgage deals, particularly online and the decisions you make now could affect you for years to come. If you go straight to a lender (such as a bank), they will only advise on their own mortgage products. If you come to us you can rely on our experience and we have access to the entire market of mortgage lenders, plus you are more likely to be accepted. Over 80% of mortgage applications made through a broker are accepted (source – unbiased.co.uk).

No, the criteria is the same as if you were a permanent employee, the deposit you need is subject to loan size and individual circumstances.

You don’t actually need one in order to make an offer on a property. We’ll go through everything with you to give you confidence that you can make an offer. If an estate agent asks to see one then you can ask them to call us, we act for you and will tell them that we have done our due diligence and you are qualified to make the offer. We help you throughout the process, this is what sets us apart from our competition.

You should review your mortgage regularly, to ensure that you have the best solution that fits your circumstances. We make remortgaging nice and easy, we arrange an appointment and source the mortgage around your circumstances, we take care of all the paper work and liaise with you through the process, making it effortless.

All mortgage offers are based on individual circumstances and we have access to specialist lenders that can help people that have had credit problems before. Please get in contact and ask to speak to one of our advisers.

Equity Release can help to solve some challenges in later life, whether that’s paying off a remaining mortgage or debts, enabling you to stay where you are and reduce your outgoings or enjoying your leisure time more, possibly travelling the world or buying a holiday home.

However, equity release is not necessarily right for everyone. To help you assess whether it might be something you wish to consider, please get in contact and we talk it through with you.

We are members of the Equity Release Council who recommend you talk to advisers like us, who have agreed to abide by the Council rules and have signed up to the Statement of Principles.

They are similar to any ordinary mortgage you may have had in the past but there are some important differences

There is no maximum age limit for taking out a lifetime mortgage and there is no end date. They are Lifetime Mortgages and the money owed will only need to be finally repaid when you (or the last one in joint applications) die or go into care.

If you elect for a fixed interest plan, the interest is fixed for life so you don’t have to worry about it increasing. You don’t have to make any payments on the mortgage but most of them give you the option to.

Instead the interest is simply added to the mortgage loan from the start date which means that the interest “rolls up”.

We specialise in later life lending and can offer advice on lending into retirement, retirement interest only and lifetime mortgages (widely known as Equity Release). There’s a lot to think about and we’ll help you to understand the pros and cons. Make an appointment with one of our advisers for a relaxed, no obligation chat in your home or our office to find out more.

If you are concerned about interest rates increasing and your monthly mortgage rising, we can look at a fixed rate of interest, ordinarily this will be for 2,3, 5 years or sometimes longer, giving you stability of repayments.