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residential mortgages

A residential mortgage loan is a loan from a mortgage lender, secured on a property. The loan can be in the name of 1 or more persons and the mortgage/loan is repaid over a specified period.

Residential Mortgages

residential mortgage broker

A Residential Mortgage is typically used to obtain your main residence, therefore it’s crucial that your mortgage is affordable and the mortgage suitable for circumstances now and in the future. It may be future aspirations or family changes that may mean that your needs will change. MMPE Advisors will get to know you and your plans to ensure that the correct recommendation has been made to suit you personally.

Mortgages don’t come in a one size fits all

Needless to say, with the thousands of products and different lenders, you may ask yourself where do I start? Your Mortgage is most likely to be the largest financial commitment you will ever have; Have I got the best deal possible given your circumstances? How much deposit do I need? How much will it cost? It’s okay, that’s where we come in.

Apply Online
Mortgage Amount (The amount you wish to borrow):
Annual Interest (Between 2% - 5%):
Repayment Period (Between 25 - 30 Years):
Monthly Payments:£
Total Payment:£
Total Interest: £
Mortgage Amount (The amount you wish to borrow):
Annual Interest (Between 2% - 5%):
Repayment Period (Between 25 - 30 Years):
Monthly Payments:£
Total Payment:£

mortgage calculator

This calculator allows you to see how your mortgage payments change at different interest rates. You can also see what affect the length of the mortgage and the size of deposit has on your repayments.

Residential Mortgages

residential mortgage rates

What does the lender look for in a mortgagee?

The key criteria for lenders is affordability, ensuring that mortgagees can repay the mortgage now and on an ongoing basis. Lenders require supporting information and documentation to assess whether they will lend. The lender will also carry out a valuation of the property to ensure that it is suitable security for their loan.

Within the process of agreeing a mortgage lender will review a mortgagee’s credit history and profile, their proof of income, levels of deposit and how bank accounts are conducted.

Mortgage Deals

At MMPE we get many enquiries from clients who are looking for the best mortgage deal, and we want to ensure that we can help them achieve this.

However, what is best for one person may not be best for another. MMPE is an independent mortgage broker, we work with our clients to find them the most cost-effective and suitable mortgage to suit their individual circumstances and requirements.

We work with many lenders such as Nationwide, Halifax, Santander, NatWest, Skipton etc, we also have access to many other lenders that you may not be as familiar with.

Each lender has differing affordability and criteria. Our aim at MMPE is to match you with the most cost-effective lender and scheme where you fit the lender’s criteria.

Apply Online

3 simple steps

1. Personal Details

Our standard fee for arranging a mortgage is £395. The fee is due upon application of a mortgage loan to the lender.

'A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.'

My Mortgage Experts & Protection Experts Ltd (FCA 937076), is an Appointed Representative of King Mortgages Ltd.

King Mortgages is authorised & regulated by the Financial Conduct Authority (FCA). King Mortgages Ltd is entered on the financial services register http://register.fca.org.uk/ under reference number 803561.

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

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      Regional Price Limits

      There are price limits on homes you can buy with an equity loan. The limit is different for each region in England.

      • East - £407,400
      • East Midlands - £261,900
      • London - £600,000
      • North East - £186,100
      • North West - £224,400
      • South East - £437,000
      • South West - £349,000
      • West Midlands - £255,600
      • Yorkshire and the Humber - £228,100