Are you looking for help to guide you through the maze of mortgage options? Our UK mortgage advice service can help. Whatever your requirement, with access to circa 90+ lenders and thousands of mortgages — we can access the best options for you.
Whether you are a first-time buyer, need to remortgage your property and get the most competitive rates, moving home, or are looking for a financial and funding solution for a bridging & development loan, including commercial and residential mortgage options.
Whatever your requirement, we’re here to ensure each step of the process is supported and flows smoothly, from initial conversation through to completion and beyond.
Please note advice in relation to bridging and commercial loans involves the referral to a service that is separate and distinct to those offered by St. James’s Place. Commercial loans (including bridging) are not regulated by the Financial Conduct Authority.
According to Introducer Today, there are 1.6m+ people with a mortgage up for renewal this year, are you one of them? With increasingly high interest rates for the foreseeable future, your ~1-2% rate is currently a thing of the past, you could potentially be looking at a huge increase in your monthly repayments if your deal is due to end.
You may have questions such as ‘Should I go onto a fixed rate or is a variable rate the best option given the volatility?’. These are all valid questions and ones our team can guide you through.
Our Mortgage team have seen it all before and are here to help you find the best possible deal, quite frankly there’s not a market or challenge they haven’t seen and overcome in the past. With access to the best rates on the market, paired with a team with a significant number of years of experience you’re in great hands.
Find out how our mortgage team can help.
Buying a new home can be a daunting and stressful process. We can help with a range of mortgage needs for people who are either employed or self-employed. Examples include: exploring help to buy and buy to let schemes, first time buyers, remortgaging considerations, self-builds, holiday homes in the UK and abroad, expat needs, and access to commercial advice and support.
We also offer intergenerational mortgages for parents and grandparents wishing to help the younger generation onto the property ladder.
As a mortgage intermediary, we offer a comprehensive range of first charge mortgages from across the marketplace which lenders make available to mortgage intermediaries for which we will be paid a procuration fee by the lender. They meet an array of needs and criteria, and have flexible lending facilities.
From 1 to 1000+ units, to blocks of flats and student halls. Land with and without planning. Extensions or new builds in back gardens or converting houses into flats (and back again).
If there isn’t a solution out there, we can create one for almost any scenario. Challenge us and don’t always think you need to come to us with the plan and solution – tell us what you want to do and we’ll come up with a plan together.
Whatever the requirement, it’s worth talking through with us. Get in touch and lets discuss, so that we can refer you to the most appropriate broker.
You can find out more about our Development Finance service here.
Bridge loans literally fill that gap that standard banks and mortgages cannot cover. It’s a myth that its expensive as within the context of what it delivers (which is always the first thing to check) it usually leads to a healthy margin (otherwise why do it).
From downsizing to properties that cannot be mortgaged currently, through to auction purchases and competing against cash buyers to complete in days or weeks.
Secured on the actual property or assets in the background – there’s usually always a solution.
For complex loans or 2nd charge loans we would refer you to an authorised broker. In limited circumstances we can advise on a refurb loan, but can arrange for a referral to an appropriate broker in other circumstances.
Read more about Bridging loans here.
Please note advice in relation to bridging loans involves the referral to a service that is separate and distinct to those offered by St. James’s Place.
Providing a lump sum on the event of your death, life assurance comes in two basic forms:
1. Term assurance
2. Whole life assurance
Your earning potential is likely to be your family’s most valuable asset. Income protection plans provide you with an income should you be unable to work for a prolonged period due to illness or injury.
Critical illness plans provide a lump sum in the event of you being diagnosed with one of a large number of specified illnesses. This can be structured on a term or whole of life basis and can often be the most valuable element of all protection plans.
If you want to protect the monthly expenses ensuring that in the event of someone passing away in your family, family income benefit can be used to continue to live in the family home which pays your monthly expenses such as tax.
This type of insurance does what it says on the tin and is highly recommended when buying a home. It covers the cost of repairs to any damages on the structure of your home which includes roofs, walls and floors. The contents side of the insurance covers replacing or repairing your damaged, destroyed or stolen items.
For more details please see our protection planning here.
The home on which the mortgage is secured may be repossessed if repayments are not maintained.
Ex pat mortgages are subject to certain terms and conditions being met.
Some buy to let mortgages are not regulated by the Financial Conduct Authority.
We have access to Mortgages for holiday homes abroad.
Please note referral services are separate and distinct to those offered by St. James’s Place.
We offer a comprehensive range of first charge mortgages from across the market that are made available to mortgage intermediaries for which we are paid a procuration fee by the lender.
A client sought advice on their first buy-to-let property, purchased in a limited company with a non-refundable 10% deposit committed several years prior. The property came with a guaranteed rental for 10 years post-build, subject to bi-annual reviews. However, upon applying for a mortgage closer to completion, the clients faced rejection due to limited property interest, reduced valuations, and disputes over the guaranteed rental agreement. This led to substantial financial losses in fees and the need to secure the full balance from alternative sources to avoid losing the deposited funds.
Recognising the need for a lender accommodating the property and applicant criteria without excessive fees, we identified Aldermore as a suitable option. Offering a free valuation product with no application fee, Aldermore allowed the clients to remortgage the property up to 70% of the agreed price within six months of ownership. This solution empowered the clients to repay their families in full without incurring additional financial setbacks from fees, providing a viable path forward.
The advice provided to the clients was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most and the information provided does not constitute advice.
Our client came to us after going direct to his lender for a further advance for some home improvement work. He was unfortunately declined with no explanation.
He came to Morrinson Wealth looking to do a second charge loan which would have cost him thousands in fees and would result in an interest rate of around 10%.
After some investigating, it was due to his lender not being able to accommodate top slicing. He is now in a position whereby paying the early repayment charge to leave his current deal and set up with a new lender he will be savings thousands in fees and interest payments.
Morrinson Wealth navigated a critical challenge for a client seeking a commercial unit in East London for a 50-unit residential development. Despite the initial offer of £2 million being accepted, complications arose as planning permission was denied, jeopardising the entire project. Through strategic collaboration with the client’s architect and lender, Morrinson Wealth secured financing against existing properties, enabling the acquisition. In negotiations with the vendor, faced with insufficient equity, Morrinson Wealth devised a solution, leading to the vendor agreeing to proceed with the sale under the condition that the full price would be paid post-planning approval.
With the planning process completed, Morrinson Wealth is now in the process of applying for full funding, a crucial step toward realising the envisioned development. This case showcases Morrinson Wealth’s adeptness in overcoming challenges and skilfully negotiating for successful project outcomes.
The home on which the mortgage is secured may be repossessed if repayments are not maintained.
Find a property you wish to buy and speak to a mortgage adviser who can take you through your requirements and needs
Agree a mortgage scheme and renew/look at protection needs
Apply for a mortgage and protection after find your property
Move into your new property
According to Forbes (February 2024), there are 1.6m+ people with a mortgage up for renewal in 2024, are you one of them?
For many years we’ve all enjoyed low rates and the mortgage process is usually – what’s the cheapest rate. However, given the volatility, sound and trusted mortgage advice has never been more prevalent. While no one can predict the future, if your mortgage deal is coming to an end in the next 6-9 months or you are not on a fixed rate, sitting down with one of our mortgage specialists to lock in a new mortgage rate now could give you an additional option.
Without the right advice, the decisions you make on your mortgage in the next 6 to 12 months are going to be crucial. Likewise, if you are looking at purchasing a new property, or selling an already owned one. Get in touch and we can review your position and either act now or advise a timeline for when to make the right decision.
The home on which the mortgage is secured may be repossessed if repayments are not maintained.
Ex pat mortgages are subject to certain terms and conditions being met.
We have access to Mortgages for holiday homes abroad.
Commercial and some buy to let mortgages are not regulated by the Financial Conduct Authority.
Book a call with one of our experts today and take the first step towards establishing and achieving your financial goals.
