MORTGAGE BROKER EDGWARE & Croydon
I am an FCA registered mortgage broker with a presence in Edgware and Croydon, specialising in all types of financing, from simple residential and buy to let mortgages to more complex expat, bridging and development loans. I am dedicated to delivering high quality results for my clients and keep communication at the heart of my service.
As your mortgage broker, you will be speaking directly to me. I provide bespoke advice depending on your personal circumstance and work efficiently and diligently to deliver results.
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Some of my popular services
First Time Buyer Mortgage
Being a first time buyer can be a daunting prospect with so many considerations to make. Using my expertise, I am able to give you a realistic view of what you will be eligible for and the various things to think about.
Home Mover
Whether you are upsizing or downsizing, this is an inevitable part of life. I’ll be able to provide you with an effective strategy to make this possible.
Remortgage
If you are coming to the end of your fixed rate deal, you might be able to get a cheaper deal elsewhere with another lender by remortgaging. Being a whole of market broker, I am able to quickly scan the entire market and recommend you the best deal.
Buy to Let
Buying rental property is still a worthwhile business. Using my expertise in this field, I can recommend the best approach for you, either by doing this in your personal name or limited company. Being a whole of market broker, I am able to source you the best deal with whichever approach you decide to go with.
The services we have received has been exemplary.
Highly recommend….
No hidden charges, very reasonable fees. Will recommend without any hesitation. Thank you Dash for the best service.
Why speak to a mortgage broker?
Speaking to a mortgage broker gives you the best chance of success. I am able to offer you several years worth of experience and knowledge of the market to secure you the best deal available. Take a look at Alex Kerr’s view on why you need a broker!
Ready to enquire?
Schedule your free consultation and find out what options you have based on your personal circumstance
FAQs
I am a first time buyer and don’t have a big deposit. Can I buy a house?
Some lenders allow you to put down a 5% deposit. However, how much you can borrow is still based on your income to calculate affordability. Also, as you’re putting down a smaller deposit, the lender is taking on more risk which means the bar for credit scoring will be higher.
I am self-employed and my tax submissions have been low due to Covid. My recent tax submission is higher though. Can the recent one be used for affordability?
Most lenders tend to take an average of the two recent years to calculate affordability. However, I have a couple lenders that are prepared to consider the most recent year only.
Can I purchase a property from family at a discount?
Yes this is something called a ‘concessionary purchase’ and can be done. Some lenders put a cap on how much discount can be given whilst others are more flexible. I have a few lenders that will even consider this for buy-to-let property.
I am looking to upsize but need to change my current home to a buy to let mortgage. I haven’t let it out yet. Is this possible?
Yes there’s something called a ‘Let to buy’ mortgage which is essentially a buy-to-let mortgage but designed for people who haven’t yet moved out of their current home that they intend to let as they are in the process of making an onward purchase. As part of the evidence set required, most lenders will ask for the mortgage offer of the onward purchase.
Can I raise capital when remortgaging to help with home improvement?
Yes I can help with this if you have a residential mortgage or even a buy-to-let mortgage. Raising capital for home improvement is usually within criteria with most lenders. Capital can also be raised for various other reasons such as investing in another buy-to-let property.
I am a portfolio landlord with more than 4 buy-to-let property. Can I remortgage to get a better rate on my existing property?
Yes with portfolio landlords, additional stress testing is done on the background buy-to-let properties. However, as long as the stress test is within a certain threshold, remortgaging or even further purchasing shouldn’t be a problem.
What is the minimum deposit I will need when investing in buy-to-let property?
Most lenders would require you to place a 25% deposit. However, I have a couple lenders that are prepared to consider a 20% deposit (i.e. 80% loan to value).
Is it worth buying my buy to let property under a limited company?
Yes there are tax advantages for doing this. Under new rules, landlords cannot offset mortgage interest costs as an expense for buy to let property in their personal names. This has instead been replaced by a 20% tax credit on all rental income. This has resulted in much bigger tax bills for higher rate tax payers.