We are brokers for mortgages, here to manufacture your ideal mortgage from consultation to completion. Founded in 2007, The Mortgage Factory success is established on a robust structure and customer-driven ethos. As specialist mortgage advisors, we design, package and produce mortgages as well as supporting our beloved customers throughout the entire process of assembling a mortgage! With several in-store locations as well as a dedicated online team, we are equipped to service you wherever you are in the UK.
Before anything hits the assembly line, we take the time to assess your circumstances so that we can work out a plan of action. We use clear, professional terms to paint you a picture of your financial position, free from bias or sales pressure with access to over 90 lenders and 12,000 mortgages. This specialist work puts us in an excellent position to inform you of how you can best enter the world of mortgages.
With the range of packages we offer, we have all scenarios covered to take you through the factory completely stress-free. We take care of the process whether you are purchasing a home for the first time, buying a property to let or looking to remortgage a property you already own.
There may be a fee for mortgage advice: The actual amount you pay will depend upon your circumstances, with the fee being up to 1% but a typical fee is £495. Your home may be repossessed if you do not keep up the repayments on your mortgage.
We provide a range of services, relevant to any lifestyle or financial situation, with a whole market of opportunities:
For those with an existing mortgage, remortgaging your property may be a good way to refine your monthly payments or raise some quick capital. Whatever your remortgaging needs, arrange a chat with our expert remortgaging team.
If you are looking to expand your property portfolio or just create a fresh conveyor belt of revenue, speak to our dedicated Buy To Let specialists for an easy and manageable process towards assembling your best options.
Being self-employed doesn’t preclude you from getting a mortgage at all! We are here to guide you through the process of getting a self-employed mortgage, helping you navigate any extra requirements with no extra fuss.
As most people’s first journey into the world of mortgages, first time buyer mortgages can be laborious and confusing with no guidance! Luckily, we offer a comprehensive service where we will weigh up your options and present them to you, complete with impartial mortgage advice.
Our protective insurances can safeguard your finances (and mortgage!) against unexpected disruptions. From the all-important Life Insurance to Income Protection and Critical Illness Cover, contact our insurance team today to learn which of these options would be most beneficial for you!
If you go directly to the lender you are only going to get offered their products, but at The Mortgage Factory we have access to over 90 lenders and 12,000 mortgages. Using a mortgage broker can also save you time, as you won’t have to spend the time going directly to each lender one-by-one. We ensure the process is seamless, while only having to fill out one set of documents.
Yes, we typically charge a fee upon completion of £495 but for first time buyers it can be cheaper. There are no upfront costs.
Typically we would need to provided with ID, banks statements and proof of income. However, this can depend on the type of mortgage as self-employed mortgages will require more documentation.
We always source a mortgage by going against the needs and wants of each applicant, with a completely bespoke service. A suitability letter is provided, which protects the applicant as this demonstrates that the mortgage is suitable. The Mortgage Factory are “Working For You”.
Yes, for insurance business we offer products from a choice of insurers.
This will fluctuate depending upon a variety of factors, but can typically range from 5% for first time buyers mortgages and for a buy-to-let mortgage it will usually be a minimum of 20%.
This will depend on how many years you decide that you want to pay your mortgage over, with a mortgage being sourced on affordability, the applicants plan for the future, age of the applicant and how close they are to retirement.
With a fixed mortgage you know what you are paying each month for the agreed term and with a variable/tracker you do not as it could fluctuate, with the interest rate not locked in for a period of time.
Yes, typically most lenders will allow you to do so. Normally, they will allow you to pay up to 10% every year but this does depend on the lender and the actual product.
Yes, we can work with all government schemes.
The Mortgage Factory is the trading style of Mortgage Factory UK LTD, an appointed representative of Mortgage Advice Bureau which is authorised and regulated by the Financial Conduct Authority. The guidance and/or information contained within this website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK. Your home may be repossessed if you do not keep up the repayments on your mortgage. Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.
The Mortgage Factory is registered in England & Wales: No. 06324559. Registered Office: 2 Queens Square, Poulton-Le-Fylde, Lancashire, FY6 7BN.
