Mortgage Broker Bristol

Get in touch today to discuss the most suitable mortgage option for you.

How a Mortgage Broker in Bristol could help you buy a home

If you’re exploring your options to buy a home in the Bristol area, Mortgage Marketplace is a great place to start. As locals, we know the area inside out and have helped lots of people find a mortgage in the city.

Whether you’re starting out with a First Time Buyer mortgage, looking to remortgage, downsize or Buy to Let, we can help at every step.

What do Mortgage Brokers do?

We’re here to help you with both the financial side of buying a home and the practical side.
As financial advisers we focus on mortgages, but our clients end up seeking our advice on all sorts of things!

But the main purpose of what we do is to confirm how much you could borrow and make sure you’re happy with how mortgages work and what everything will cost. We compare hundreds of mortgage products to recommend the most suitable deals for you.

We’re independent, experienced and have lots of helpful contacts in Bristol.

What are the benefits of using a Mortgage Broker?

More people are using Mortgage Brokers to help them find a good deal than ever before. While you might think it’s easier to go to a high street bank, bear in mind they can only promote their own products.

We look at mainstream lenders and specialists for the most relevant criteria, fees, charges and rates. We’ll make sure you’re aware of the extras too, from stamp duty to valuation fees.

A big benefit of talking to an independent mortgage broker is that we will make sure you fit the criteria before applying – it’s very unusual for our clients to be turned down. We also take time to make sure that the repayments on your mortgage won’t overstretch you – your home may be repossessed if you fall behind.

What services do Mortgage Brokers offer?

We’re here to support you at every step. We’ll start by looking at how much you could borrow and check whether your credit rating needs any improvement. Once you’ve set your property budget we’ll get you an Agreement in Principle from a lender, which gives you better credibility when making an offer.

After your offer is accepted you’re bona fide home buyers – and we’ll support you to complete your mortgage application and get that loan.

If you want to explore different mortgage types we’ll give you the lowdown on between fixed rate, variable rate, interest only or capped products. We support people with Buy to Let mortgages and remortgages too.

If you’re looking for mortgage protection insurance, we can also help you look at options like life insurance, critical illness cover, home insurance and income protection cover.

Our Bristol mortgage clients always say that they get far more support than they expected. You will get to know your mortgage adviser well, and they will help chase up anything outstanding to keep your house purchase in progress right up until you’re moving home.

We also know Bristol and the surrounding area and can connect you with other experts you might need along the way.

Why buy a home in Bristol?

There really is something for everyone in Bristol. For properties, you have everything from cool city apartments to family homes near green spaces, renovation projects, luxury homes and country living in the surrounding villages. It’s an enormously varied market.

It’s also a fantastic place to live. Bristol has a well-known music scene, arts and culture, and many fantastic, award-winning bars and restaurants.

Bristol is also a hub for business so there’s a good variety of career opportunities. The city is steeped in history, has good schools and universities – plus its well located for trips to London, Wales and the West Country.
With two universities and a high rate of graduate retention, the rental market is always thriving in Bristol. At Mortgage Marketplace, we can help with Buy to Let purchases in Bristol and advise on all the criteria needed to make a sound investment.

What are the benefits of using a local broker?

At Mortgage Marketplace we know Bristol’s most desirable postcodes, its hidden gems and Buy to Let hotspots. We can give you a sense of typical prices and how much to offer.

Our experience of the Bristol mortgage market is something our clients really value – plus, we’re a friendly, professional and welcoming team. Get in touch – we provide mortgage advice over the phone or face to face, whatever works best for you.

Mortgage Marketplace is a trading style of Mortgage Marketplace Ltd and its Appointed Representatives. We’re authorised and regulated by the Financial Conduct Authority and registered in England. Our registered office address for Mortgage Marketplace Ltd is Suite 11, 160 Aztec West, Park Avenue, Almondsbury, Bristol BS32 4TU.

Frequently Asked Questions

Call us today on 0800 170 7474 to discuss your borrowing potential and eligiability.

We believe in being competitive and transparent on fees.

Your initial mortgage consultation is free. You won’t be asked to pay a fee until we have submitted an application on your behalf.

Our fees depend on the product – see the list below or speak to an advisor.
Residential Mortgage & Remortgage
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee of £595.00 payable on receipt of mortgage offer. Total fees payable – £990.00.

Buy-to Let Mortgages & Remortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee from £595 up to 0.50% of the mortgage offer. For example, loan amount £200,000, broker fee payable could be £1,000.00. Total fees payable £1,395.00. A minimum broker fee of £595.00 will be applied on all buy-to-let applications.

Equity Release Mortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee of £995.00 payable on completion of your mortgage. Total fees payable – £1,390.00.

Credit Repair Mortgages
Application fee of £395.00 payable on receipt of the lender’s decision in principle and our broker fee equal to 0.5% of the mortgage offer. For example, loan amount £200,000, broker fee payable could be £1,000.00. Total fees payable – £1,395.00. A minimum broker fee of £595.00 will be applied on credit repair applications.

Life Insurance
No fee will be charged by us. You will receive a free quotation from the policy provider.

Typically, the mortgage process will take 2-6 weeks to reach approval.

A mortgage offer is usually valid for 6 months.

Please be aware, the process is currently taking longer due to Covid-19. Please see question ‘How has Covid-19 affected the mortgage market?’.

Whilst you are not required to take out a life cover, our job is to ensure your mortgage is affordable, no matter what. It may not be nice to talk about, but if something were to happen to you, you want to know your family and investment are safe.

We will advise on all the options available and provide a no obligation quote from our partner provider, Royal London.

You may need a solicitor, depending on the circumstance. Your adviser will discuss this with you, and should you need one we can put you in touch with our trusted partners, or you can use you own.