BROKER MORTGAGE SHOP:  Is a Finance and Insurance brokers based in Swindon. A particular speciality of theirs is in the area of Development Finance for people wishing to refurbish, improve, extend or even have their own home built.  It is so important in today’s market to ensure any finance requirements, be it mortgage or loan based, are arranged to match the exact requirements of an applicant. 
To do so it can only really be achieved by dealing with a Broker that has access to the whole of the market which is just the facility available via: BROKER MORTGAGE SHOP

All major lenders such as Abbey, Barclays, Cheltenham & Gloucester, Halifax, HSBC, Lloyds TSB, NatWest, and all the others that you will have heard of are on the list we deal with; plus many more that will not be so familiar but are in place for lending requirements that don’t necessarily tick all the boxes of the High Street lenders.Whatever your situation or requirements we can usually find a solution. Here are some examples of why you should consider BROKER MORTGAGE SHOP for your finance requirements

(*We do not charge any fees for our work whatsoever*)

  In every case we are paid commission by the lender for our work. Furthermore we will never look to a lender because of the preferential commissions we could receive; we will always recommend the route that is best for the client. 

1>    Case study: An enquiry from a client requiring an additional £30,000 to have a small extension added to their home. They had already been advised elsewhere to remortgage the home to a new lender and at the same time taking the extra amount. When full details of their circumstances were known, we advised them against this. The reasons for this were that firstly they had a penalty to pay if they redeemed their mortgage. Secondly the new rate being offered was inferior to the fixed rate they currently had. Finally they were incurring costs in arranging the new mortgage. We simply arranged a further advance for the clients with their existing lender on very favourable terms. It didn’t earn us much reward but was in the client’s best interests.

2>    Case study: An enquiry came from a client who wanted to have an extension built to their property to assist their growing family, but a few financial problems had occurred recently that meant their existing lender wouldn’t offer further money and all lenders who would accept a mortgage application from them wanted very high rates of interest. They had an extremely competitive rate mortgage already in place. We advised them to leave their existing mortgage in place and we arranged very competitively priced finance on a second charge basis which was completed in 14 days.

3>  Case study:  An enquiry came from clients that wished to have their own home built. They had already been offered self build finance but this was to be paid to them in 5 stages, as each stage was completed, and at each stage further application and paperwork was required. We arranged finance for them, at a lower rate than they had been offered, again released in 5 stages BUT the stage payments were released to them at the start of each stage. This meant they did not have to spend their own money and then ask for it to be released and they were able to keep their builders happy and on site leading to the swiftest possible completion of the project.