Residential Mortgages

Whether you’re aiming to get on to the property ladder for the first time, are looking to move house or remortgage, we can help.

As a specialist mortgage brokerage, we can not only offer you great products from well-known high-street banks, but can also help you when your circumstances don’t fit so neatly into a box.

Speak with a consultant

Our team of 40+ consultants have a wealth of experience in the industry and are here to assist with a wide range of different scenarios such as:

Self-employed/complex employment status
Unusual property types and listed properties
Self-build
Adverse credit status
Expat status

We can also help with additional borrowing – see Second Charge Mortgages.

Case Studies

Later life lending

Our retired client was looking to remortgage their residential property, but the challenge was that their income evidence was a pension and investments. The income filed was insufficient for most lenders as it fell outside of the standard 4.5 x income. We were able to re-structure the loan on an interest-only basis with the equity in the property as a repayment vehicle, alongside their other investment pots. We were able to release enough funds to pay the existing mortgage provider thereby saving our client from their standard variable rate. (August 2024)

Consultant: Phillip Rahman

Residential purchase with adverse credit

Two siblings were looking to purchase a residential property together. One of the applicants had a default and some late credit card payments on their file which meant that a previous broker had struggled to place the case. Thanks to the large number of options that we have access to, we were able to recommend a lender that would be happy to accept our clients and the mortgage completed. We are now looking at releasing some equity from the property to fund a future buy to let purchase. (July 2024)

Consultant: Ahmed Ali

Joint purchase whilst in probationary period

Our clients were selling their individual houses and purchasing together. With one property sold and the other sold subject to contract, they were keen to proceed on the purchase. Unfortunately, one of the clients had recently been made redundant and, despite finding another job quickly, was still in a probationary period. Coupled with some repaid defaults, this meant that they had been turned down by several lenders. We work with lenders that accept these types of circumstances and were able to quickly facilitate the completion of the purchase. (June 2024)

Consultant: Qais Safi

Residential mortgage calculator

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How much would you like to borrow? Please enter a valid value Please enter a valid value

Mortgage interest rate (%)** Please enter a valid value Please enter a valid value

Length of mortgage (years) Please enter length of term Please enter length of term

Mortgage type?

Repayment

Interest only

Estimated monthly payment*

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*Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. Lender fees may also be applicable.

If selecting ‘Repayment’ as your mortgage type:

The estimated monthly payment is based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage.

If selecting ‘Interest only’ as your mortgage type:

Monthly repayment consists of chargeable interest only. There is no monthly capital payment for this type of mortgage. As no capital repayments are made during the term of the mortgage, monthly costs are lower, however you will not be reducing the balance of the mortgage and the equity in your home or property will be dependent on increases or decreases in market prices. Suitable in limited circumstances for people who do not wish to repay the capital until the end of the mortgage term. Repayment of the loan is self-managed by you and would usually be paid from proceeds of the sale of your home/property, inheritance, savings or investments. This type of mortgage is not accepted by all lenders. Lenders who offer this type of mortgage may require a repayment vehicle to repay the balance at the end of the term. If the proceeds of your repayment vehicle don’t cover the full amount of your mortgage, you will be responsible for paying the difference.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.