Our experienced team provide solutions for…

We’re all about relationships

Welcome to The Mortgage Consultancy, your trusted partner in navigating the mortgage landscape. With over 40 years of experience, we offer expert guidance and personalised service to: first-time buyers, homeowners, property investors, and businesses. Our Team’s commitment to reliability and friendly support ensures a smooth and successful mortgage journey for every client.

How we can help

Residential Mortgages

From first-time buyers to home movers and remortgages, we’re here to help.

Buy To Let

With a significant amount of experience, we work with property investors and developers to provide solutions.

Insurance & Protection

From buildings and contents insurance to income protection, don’t leave it to chance.

Later Life Lending

Available to those aged 55 and over, Later Life Lending can be a helpful way to unlock funds from a property.

Need advice & guidance?

Drop us a call 01322 553 282 or download one of our eBooks

Buy-to-Let Guide

Here, we break down the complexities of buy-to-let financing, identifying how it differs from traditional mortgages and the risks involved.

Insurance Guide

Here, we’ll highlight the importance of mortgage insurance and discuss the different types of protection available to safeguard your property.

Self Employed Guide

Our professional guidance removes the guesswork, offering you a clear and confident path to achieving homeownership.

First-Time Buyer Guide

With our experienced guidance, you can leave behind any doubts and follow a clear, confident path toward owning your home.

Mortgage Readiness Guide

In this detailed guide, we'll guide you through each stage, helping you be fully prepared to find the mortgage that's right for you.

Credit Score Guide

We've created this guide to offer you the insights you need, empowering you to make informed decisions during your mortgage application process.

10 Mortgage Myths Debunked

This comprehensive guide tackles 10 common mortgage myths, helping you separate fact from fiction.

A simple guide to
Later Life Lending

This guide offers an in-depth examination of two common Later Life Lending products: Lifetime Mortgages and Retirement Interest-Only (RIO) Mortgages.

Your Title Goes Here

If you are experiencing financial difficulty and struggling to make repayments, then you can contact your lender who may be able to help taking account of your individual circumstances. You may want to contact one of the free impartial money guidance and debt advice services such as StepChange, Citizens Advice, or Turn2Us.

What our customers say

We’re all about providing solutions

Read about how we have helped others

Case Study 1 – Buy Refurb Refinance – Bridging

A client approached us with a vision to purchase a property ripe for renovation, seeking tailored financing to execute their strategy effectively.

Our client aimed to capitalise on a property in need of renovation, leveraging the buy, refurbish, and refinance (BRR) strategy to maximise returns on their property investment. Their meticulous approach required strategic financing to navigate the acquisition, renovation, and long-term management of the property.

Case Study 2: Dream House that was “un-mortgageable”

A client approached us with a vision to purchase their dream property, a mansion in its own right, in need of extensive renovation, seeking tailored financing to navigate the acquisition and transformation of the property.

Our client aimed to purchase a mansion in its uninhabitable and un-mortgageable state, with the intention of undertaking substantial renovation works to restore its grandeur. Their ambitious project required specialised financing that could accommodate the property’s condition and their long-term vision for its transformation.

Case Study 3: Optimising Property Investment through Strategic Remortgaging

We specialise in helping property investors maximise the potential of their investments through strategic financial planning & our extensive knowledge in property investment. Our client, an experienced property developer, purchased a disused police station with the intention of building flats and then selling, and retaining some units for rental. As part of their investment strategy once the re-development had finished, they sought to remortgage the properties the new dwellings to diversify their investment strategy.

Case Study 4: Refinancing Commercial Conversion

At The Mortgage Consultancy, we excel in providing tailored financing solutions for unique property projects.

Professional portfolio landlords approached us seeking refinancing for a project initiated at the beginning of the previous year. The project involved converting a commercial building into three separate dwellings. Having previously secured a bridge loan, our clients now sought an exit strategy to replace the bridge loan with a longer-term finance solution appropriate to their investment strategy.

Case Study 5: Successful Short-Term Let Property Financing

Our client’s short-term let, property financing demonstrates our commitment to providing strategic advice and securing financing for even the most challenging property scenarios.

Our client approached us after experiencing two unsuccessful attempts to secure financing for their Cardiff property, which was operated as a short-term Airbnb rental. Despite the property’s lucrative rental income, previous brokers had struggled to obtain valuations that accurately reflected its potential, hindering our client’s ability to access the necessary financing.

Case Study 6: Residential Purchase with Multiple Business Income

The case of a busy entrepreneur & their family illustrates our ability to secure financing for residential purchases, even in cases where income derives from multiple businesses.

A family ready to make their next house move approached us seeking financing for the purchase of a residential property. However, unlike traditional borrowers with straightforward income streams, our customers derived income from multiple businesses, presenting unique challenges in securing financing through mainstream lenders.

Case Study 7: BTL Remortgage to Raise Funds for Future BTL Projects

In this case, a busy entrepreneur sought to remortgage an unencumbered Buy-to-Let (BTL) property to fund future BTL projects.

The BTL property was located near an industrial site, with the only access route going past the security address. This challenging location made it difficult to secure lending due to the commercial elements surrounding the property.

Case Study 8: Level Term Assurance for Co-Owned Buy-To-Let Properties

In this case, two siblings had three, joint interest-only mortgages and one party sought protection for their sibling in the event of their own death, to assist in repayment of the mortgage and general living expenses.

Our client co-owned three Buy-To-Let (BTL) properties with their sister. These properties are currently under interest-only mortgages. Our client sought financial protection to ensure that, in the event of their death, their sister would have the necessary funds to either pay off the joint mortgages or support her general living costs.

Case Study 9: Level Term Assurance for a Married Couple’s Residential and Buy-To-Let Properties

We specialise in providing protection solutions tailored to the diverse needs of our clients. In this case, a married couple sought coverage in the event of death on their residential property and joint Buy-to-Let (BTL) property.

Our clients, a married couple, had no protection on their residential home or their joint Buy-To-Let (BTL) property. They sought coverage in the event of the first death to ensure the mortgages on their properties would be paid off.

Providing advice and guidance: FAQs

I have a question about…

What is a mortgage?

A mortgage is a loan which is secured against a property. Typically, a mortgage is used to purchase the property against which it is secured, but could also be used to release equity for things such as home improvements.

Will I be accepted for a mortgage?

Mortgage approval depends on various factors like credit score, income, and debt. Lenders assess your financial profile and then decide whether to accept you along with which product would be suitable. 

How does the mortgage application process work?

The mortgage application involves several steps: initial discussion with a broker, decision in principle, documentation submission and full application, property valuation and then completion.

How much can I afford to borrow?

The amount you can borrow varies depending on factors such as the value of property you are buying, size of deposit and financial profile including income, credit commitments and credit score.

How much deposit will I need?

The larger deposit you have means the smaller mortgage loan you will require. First-time buyers can, for example, purchase with a 5% deposit however 10%-25% is more typical. You may be able to access lower rates if you have a larger deposit.

What is a buy-to-let mortgage?

A buy-to-let mortgage is specifically for purchasing properties to rent out. It differs from a residential mortgage, considering potential rental income and property investment.

How much can I borrow?

The amount depends on rental income, property value, and your financial status. Lenders typically calculate loan eligibility based on these factors, ensuring sustainable repayments.

Are interest rates higher for buy-to-let?

Yes, interest rates are often higher for buy-to-let loans. Lenders perceive rental properties as higher risk. However, favorable rates might be secured with a substantial deposit and strong financial credentials.

Can I live in a property myself?

Generally, no. Buy-to-let mortgages are designed for investment properties. Living in a property financed by a buy-to-let mortgage could breach the terms of the loan.

What are the tax implications of buy-to-let mortgages?

Tax rules vary, but rental income is usually taxable. Mortgage interest relief has changed, so it’s crucial to understand tax implications and consider seeking advice from a financial professional.

What is bridging finance?

Bridging finance is a short-term loan used to bridge gaps between transactions, commonly in property purchases. It provides quick access to funds while awaiting long-term financing.

How fast can finance be arranged?

Bridging loans can be secured swiftly, often within a few days. The process is expedited, making it ideal for time-sensitive property transactions or urgent financial needs.

What are interest rates like?

Interest rates vary but are typically higher than traditional loans due to the short-term nature and quick availability. Rates depend on the lender and your financial profile.

Can bridging be used for any purpose I choose?

While commonly used in property transactions, bridging finance can be versatile. It can be used for various purposes, such as business needs or renovations, depending on the lender’s policies.

What happens if I can't repay the loan on time?

If you can’t repay on time, options may include refinancing, extending the loan, or selling the property. Communication with the lender is key to exploring suitable solutions.

What does buildings and contents insurance cover?

Home insurance covers property damage (buildings) and personal belongings (contents). It safeguards against risks like fire, theft, and natural disasters, ensuring financial protection for homeowners.

Why should I consider income protection?

Income protection ensures financial security if you’re unable to work due to illness or injury. It provides a regular income, easing financial strain during recovery periods.

How are home insurance premiums calculated?

Premiums are calculated based on factors like property value, contents worth, location, and personal details. Customized quotes consider specific risks and coverage requirements for comprehensive protection.

Can income protection cover self-employed individuals?

Yes, income protection is crucial for self-employed individuals. It provides a safety net, covering lost earnings during periods of incapacity, offering financial stability for those without employee benefits.

Are there exclusions in home insurance policies?

Yes, exclusions may include deliberate damage, wear and tear, and certain high-risk activities. It’s vital to review policy terms carefully and choose coverage aligned with your specific needs.

Get in touch

Drop us a message and one of the team will be in touch.