Welcome to the website of The Mortgage Shop Ltd, an independently owned specialist mortgage broker, regulated by the Financial Services Authority. Established in April 1997, The Mortgage Shop Ltd now offers mortgages from the whole market, specialising in a number of niche areas:
In the modern world of flexible working it is not always possible to provide evidence of continuous and regular earnings to satisfy lender's requirements. You may be self-employed, producing accounts for the taxman and not for the mortgage lender. You may have different sources of income, some provable, some not. You may work on a renewable contract basis. Your employed income may be incentive based leading to fluctuating earnings. By using the skills of The Mortgage Shop Ltd, you can obtain a mortgage at cutting-edge rates based simply on affordability and not on provable income.
All lenders carry out credit searches on prospective borrowers, and they will base their decision on the results of this search. Unknown to you, you may have missed a monthly payment registered against you due to problems at your bank, or simply because you were on holiday. You may, on the other hand, have a number of adverse credit entries against you because of past financial problems. By using the expertise of The Mortgage Shop Ltd, you can put these problems behind you. We can find the most competitive deals, whether you have a small default, a number of CCJ's, or even a bankruptcy. We can consolidate all your unsecured lending into one competetive rate, simply by utilising the unused equity in your property.
In these days of standardised housing, it is many people's dream to design and build their own ideal home. Most lenders will not entertain this type of borrowing, or will not lend until the work is almost complete. By using the specialist knowledge of The Mortgage Shop Ltd, you can obtain up to 95% of the cost of each stage in advance, including the cost of the land.
The boom in the buy-to-let property market shows no signs of declining, as buyers understand the long-term rewards of investing in property. However, with the rise in property prices outstripping the rental values, it has now become more difficult to raise sufficient funds for this purpose. By using the specialist expertise of The Mortgage Shop Ltd, you can obtain loans up to 85% of the property value using a combination of rental and other self-certified income.