Mortgage Broker in Mayfair

If you are a first time buyer in London & in Mayfair, you may be unsure of the right steps to take. You’re undertaking possibly the largest financial commitment of your life, something that when realised, can be understandably daunting.



It’s our job as a mortgage advisors in Mayfair to help you find your footing on the property ladder, advising on all the appropriate actions to take, on your way to finding mortgage success. From your first point of contact, until completion and beyond, we’ve got your back.

If you’re already living within or near Mayfair and reaching the end of your initial fixed-period, you may be thinking about your options for moving home. There are lots of reasons why you may choose to moving home in London & Mayfair. It could be for more space (perhaps if you have a child on the way or need a home office), for better living costs, or even just for a change of scenery.



As providers of open & honest mortgage advice in Mayfair, we know that the process of moving home can be incredibly stressful. You have to find a buyer, pack your belongings and arrange everything on your new home purchase. We aim to reduce your stress levels, by taking the weight of the mortgage off your shoulders.

Those who already own their own home, will find themselves eventually reaching the end of their initial fixed-period. Once you’re at this point, you may find yourself wanting remortgage advice in London & Mayfair remortgage your property.



Whether this is to find a better deal, release some equity for home improvements, to raise capital or something else, remortgaging is a popular choice amongst homeowners who have grown attached to their home and don’t want to move.

Perhaps you’re an existing or budding investor in the property market, looking to purchase a Buy to Let property. This is something we regularly encounter here as a mortgage broker in Mayfair. Buy to Let is a popular option, as it can lead to great reward in the long run.



Our team of buy to let mortgages in London & Mayfair have a lot of experience in building relationships with landlords, helping them to grow their portfolios, whether buying in their name or with a SPV (Special Purpose Vehicle), such as their Limited Company.



The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.

As a self employed mortgage applicant in Mayfair, you may find that evidencing your income can be a little more challenging than it would be for a regular employed applicant. The reason for this is because you have to provide proof of a consistent and sufficient income. Whilst this is the case, it’s not impossible to get a self employed mortgage in London & Mayfair.



Our team have a lot of experience in helping self-employed mortgage applicants get onto the property ladder. Your dedicated advisor will run through your case with you, helping to recommend a suitable mortgage product and best advising on the steps to take, so that you can approach the mortgage process confidently and with a higher chance of success.

Homeowners who are over the age of 55 and meet the right criteria, may be looking at their options for an Equity Release in London & Mayfair.



Unlike remortgaging to release equity, this will generally be taken out in the form of a Lifetime Mortgage. This is a very specialist area and requires speaking to a qualified professional.



Get in touch with us today for a free later life consultation with a qualified expert.



To understand the features and risks, ask for a personalised illustration. Equity Release may come in the form of a lifetime mortgage or home reversion plan.



A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.



A home reversion plan involves selling all or part of your home to a plan provider in exchange for a tax-free lump sum.

Life insurance pays out when you die. Homeowners especially, should think about it this way. A mortgage is no small loan; it’s a big financial commitment. If you were to die before paying it off, it is likely your debts will be passed onto your family.



There are various different types of life insurance that you can take out, with varying terms and costs. Having life insurance allows you to sit comfortably in the knowledge that if you suffer an untimely death, your loved ones won’t have to live with your financial burdens.

Critical Illness Cover is a lump sum payout that helps to cover you financially, even if you have since been able to return to work, if you suffer from a large scale health event, such as cancer, a heart attack or a stroke. The downside to this type of cover is that it can only pay out on the illnesses covered in the policy, meaning not everything is covered.



Despite this, it can prove to be a great way to protect yourself financially, just in case something like this happens. You are able to use your payout how you see fit, though we often find that people will either use that payout to cover their mortgage costs (especially if they’re unable to work for the time being), or to cover medical costs.

Income Protection Insurance is similar to Critical Illness Cover, with a few notable differences. There are no limits to the illness, though it will only pay out if you are unable to work. It also will pay out as a monthly sum, rather than a lump sum, as it is designed to cover a loss of income.



This type of insurance can be more expensive, depending on the terms you have set. If you have set it to pay out after one month of being unable to work, it will cost a lot more than it would do for someone who sets it to pay out after six months.