Taking on a mortgage can be one of life's biggest financial decisions. We offer independent mortgage advice to help you find the right option for your specific needs.
Plan your mortgage with sound financial advice
How can an independent mortgage adviser help you?
At Ascot Lloyd, our mortgage advisers operate independently. This means they source products from the whole of the market and often have access to special rates and products that aren’t available directly to you on the open market.
To help you make an informed choice, we’ll assess how much you can afford to borrow based on factors such as your income and long-term financial plan. We find suitable mortgage products for you, compare products on the market and guide you through the entire mortgage application process.
Disclaimer - Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured on it.
Navigating a complex market
We understand that finding a suitable mortgage can be challenging due to the complexities and competitiveness of the market.
Our expert advisers will analyse your needs and search the market for the best deal.
With our in-house mortgage team's expertise, our advisers can identify trends and navigate market volatility to provide you with the best possible solution.
Access our independent mortgage advice today
Get in touch with our expert team at Ascot Lloyd to learn more about your mortgage advice and planning options.
Frequently asked questions
about mortgages
What do you need to prepare when applying for a mortgage?
Lenders will look at your household income, which includes your salary and any additional income. They also look at any current debt you may have like credit card debt or loans to ensure you can make the monthly mortgage payments. To apply for a mortgage, you will need to collect the following documents and information:
- Utility bills
- Passport or driver's licence
- Bank statements from past three to six months
- Proof of benefits
- P60 form
- Payslips from the last three months
- Tax return form SA302 if you’re self-employed or have multiple revenue streams
How do I repay a mortgage?
Living mortgage-free is every property owner's dream. For advice and planning regarding mortgages, we advise that you get in contact with our team of professionals.
If you’re in a good financial position, you can start by increasing your monthly mortgage payments. You can do an overpayment in the form of a lump sum, or you can shorten your mortgage term which means you’ll pay less interest in total.
How will my mortgage interest rate be set?
Your mortgage interest rate depends on the Bank of England and its fluctuations. Mortgage rates are set with your lender and are often higher than the Bank of England’s base rate. In general, new mortgage rates can be between 4% - 6%, or higher.
How do I get a mortgage for a new home?
You can apply for a mortgage directly from your bank, mortgage broker or independent financial adviser. For first-time home buyers, working alongside an adviser can help alleviate any extra stress as they have experience in the industry and will guide you through every step of the process. They can also advise you on what insurance you should put in place and help you get the best value for money.
Mortgage advice