Welcome to the Mortgage Street
Wherever your “street” is, Mortgage Street provides a personalised service that is backed by Heather Welsby’s 25 years industry knowledge.
Arranging a mortgage should be as stress free as possible, at Mortgage Street we are here to offer a real alternative to the process.
With access to the whole of the market we can provide a tailored approach to your specific needs. Helping you make informed decisions about your mortgage with expert advice on hand.
How it happens
Our aim is to provide you with a boutique experience.
• Time for a brew? – Appointments can be at your Home, Office, Coffee shop, your favourite Pub, or even simply on the phone. Let us know where you’re most comfortable for our jargon free chat.
• Getting to know you – here we find out more about you and your circumstances, what you want to achieve regarding your mortgage and insurance.
• Research – with careful planning we identify appropriate products.
• Recommendation - conversations to discuss the next step
• The fun begins – apply to the lender, submit supporting documents, keep you updated.
• Happy Days – funds are drawn down and the mortgage commences.
With access to the whole of the market we can create and maintain strong customer relationships with our tailored service
Our belief is that regular contact is key to our client relationships and the delivery of our service.
Why use Mortgage Street ?
Mortgage Street Benefits
- Whole of Market with thousands of rates on offer
- Professional advised process
- Text, call or email your adviser directly
- Same day appointments available
- We do all of the chasing for you, which can sometimes mean hours on hold to the lenders, whilst you get on with your daily business
- Out of hours contact to suit you
Bank/Building Society disadvantages
- Restricted to a limited range of products
- Information only or restricted advice
- Call centre based service
- Waiting for an appointment can be up to two weeks+
- You do all the packaging, chasing and sometimes this can mean frustrating time out of your day and hours on the phone.
- Contact restricted to 9-5pm
Thinking of buying a house
First of all, Congratulations on reaching this point in your journey, this is one of the most exciting parts of life, the looking at houses, checking the street out and finding your new dream home!!
First Time Buyers
Where do you begin? With a phone call to us! We will help you understand all of the jargon, let you know how much you can borrow, what that will cost and you will leave with Decision in Principle, ready to go house hunting.
Movers
Moving house? Give Mortgage Street a call. We can talk about you plans and the process of marketing your house and the all the logistics of moving.
Remortgages/Product Transfers
Depending on when your mortgage rate expires, we are proactive in contacting you in advance to ensure that your mortgage remains on track and at the best rate possible. At this stage we will review your current lenders offering with the whole of the market and see who is offering the most competitive deal for you at the time.
Additional Borrowing
If you are thinking of extending your house, updating your kitchen/bathroom or even making a pub in your back garden, we can help you. Debt consolidation is another reason people consider additional borrowing that we can assist with. There are a variety of options even if you are in the middle of a fixed rate with your lender.
Buy to Let
This is a personal favourite of Heather’s as she has been building a property portfolio for some time now. She has been providing Buy to Let mortgages for individuals and Limited Companies for some time now. So, whether you are looking to secure your first investment property, increase your portfolio or refinance for a better rate, talk to us.
If you think you’ve got bad credit…. don’t be afraid to talk to us about this. In our experience we have seen loads of examples of where things financially have gone wrong, you’ve been under pressure, gone through a separation and this has caused a “blip”.
Whether the “blip” is a couple of missed payments, defaults or CCJ’s all are workable and there are specialised lenders that we work with who will consider all circumstances.
Trying to find a mortgage suitable for you when you have bad credit might not be easy, but getting a mortgage, even with a very low credit score and defaults, it is still possible, and we can help you through the process.
RISK WARNING: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE. PLEASE ENSURE THAT YOU CAN AFFORD THE REPAYMENTS BEFORE ENTERING INTO A MORTGAGE AGREEMENT. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE BUY-TO-LET MORTGAGES.
Protection
Owning a home is amazing! It creates so many memories. What should happen if you’re not around to enjoy it or continue paying the Mortgage? There are so many different insurances available to provide you with enough property protection to make sure there’s something in place, no matter what life can throw at you.
Ideally you need to fully insure the Residential mortgage in case you pass away or suffer from a Critical illness (Heart attack, Stroke, Cancer, and a whole host of other depressing outcomes). Usually, the most cost-efficient way of this is via a Joint “decreasing term” policy. This means that the insurance decreases in-line with how the mortgage loan is decreasing, and this keeps the cost down as much as possible. If you were to pass away, it would pay out a lump sum to your chosen beneficiaries that could be used to pay off the mortgage.
Alternatively, if you have included Critical illness within the plan and you suffer a Critical illness it would pay out a lump sum, however this is paid to you and could use this to pay off your mortgage. However, in some of our clients’ cases they have reduced their mortgage and then when recovered gone back to work part time, or you can use it to pay for medical treatment, it is entirely up to you.
There are various additional benefits that you sometimes include on a critical illness policy. A popular choice is “children’s protection” clause so if your child(ren) was diagnosed with a critical illness it would pay £25,000 to you, which in theory is to enable one of you to take time off work, however again you could use it to fund private treatment.
Making sure you and your family have the right cover in place is so important. We can walk you through the process and ensure the correct insurance is in place, so you and your family feel secure in the knowledge that you have your home covered!
Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.
Plans may not cover all the definitions of a critical illness. The definitions vary between product providers and will be described within the Key Features and policy documentation if you proceed with the plan.
Contact information
We are based in Warrington Cheshire, close to the M62 and M6 motorways if visiting us in person. However, we have clients all over the UK, so please don't hesitate to get in touch.
hello@themortgagestreet.co.uk
phone Heather
07966 448873
phone Jon
07743 544407
phone Katie
01925 949027
