Mortgage Brokers and Mortgage Advisers in Blackburn

Top 20 Mortgage Brokers & Advisers in Blackburn

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Here are the Top 10 Independent Mortgage Brokers and Mortgage Advisers in Blackburn:

 

DLA Financial Services Ltd4 Medlock Way, Clitheroe, Lancashire, BB7 2FG07985 528 598 | 07986 773 935info@dlafs.co.ukhttps://www.dlafs.co.uk/
O’Malley Mortgage Services Ltd80 Woodlands Avenue, Cherry Tree, Blackburn, BB2 5NN07971 673 083ko@omalleymortgages.co.ukhttps://www.omalleymortgages.co.uk/
Prince & King Financial ServicesThe Bank Buildings, 32-34 Victoria Road, Earby, Lancs, BB18 6UR01282 844849info@princeandking.comhttps://www.princeandking.com/
Halal Options (One Option Finance Ltd)Blackburn Enterprise Centre Furthergate Blackburn BB1 3HQ01254 421851info@halaloptions.comhttps://halaloptions.com/
Michael Collis Financial ServicesThe Balcony, Market Hall, Peel Street Accrington, BB5 1ER07909 522794michael@redrosemortgages.comhttps://www.aimtosave.co.uk/?utm_source=yell&utm_medium=referral&utm_campaign=yell#bob
Pacific Financial Services (North West) Limited150 Briercliffe Rd, Burnley, Lancs BB10 2NZ01282 420334N/Ahttps://pacificfinancial.co.uk/
Magnum Financial Solutions LimitedOffice 112A, Business First Centre, Liverpool Road, Burnley, Lancashire BB12 6HA01282 421 022info@magnumfinancial.co.ukhttp://www.magnumfinancial.co.uk/
Wheatley Financial Services5 The Orchard, Gisburn Road, BB9 6BN01282 699582advice@wheatleyfinancial.co.ukhttp://www.wheatleyfinancial.co.uk/index.html

 

 

Mortgage Brokers Blackburn

 

What does a mortgage broker in Blackburn actually do?

 
A mortgage broker in Blackburn is a professional who helps individuals find and secure the most suitable mortgage for their needs and financial situation. Their main responsibilities include:
  • Listening to the client’s requirements and assessing their financial circumstances to determine the appropriate mortgage.
  • Gathering necessary documentation such as pay slips, bank statements, ID, and proof of deposit.
  • Checking that the client meets the lender’s criteria and can afford the mortgage.
  • Researching the market to find the best mortgage deals available.
  • Recommending the most suitable mortgage product and lender.
  • Assisting with the mortgage application process and liaising with the lender on the client’s behalf.
  • Providing ongoing support and updates throughout the mortgage process until completion.
  • Reviewing the client’s mortgage when it comes up for renewal to ensure they are on the best deal.
There are two main types of mortgage brokers in the UK: independent brokers and tied brokers. Independent brokers can access mortgages from the entire UK market, while tied brokers are restricted to certain lenders. Using a mortgage broker, especially for first-time buyers, can increase the chances of securing a mortgage and finding the best value deal.
 
 
 

What are the benefits of using a mortgage broker in Blackburn?

 

The key benefits of using a mortgage broker in the UK are:

  1. Access to a wider range of mortgage deals and lenders. Brokers can search the entire mortgage market to find the best deals, rather than being limited to a single lender’s products.
  2. Expertise and guidance throughout the mortgage process. Brokers can provide advice tailored to the client’s financial situation and long-term goals, and help navigate the complex mortgage application.
  3. Time and effort savings. Brokers handle the research, paperwork, and communication with lenders, allowing the client to focus on other aspects of buying a home.
  4. Increased chances of mortgage approval. Brokers know which lenders are most likely to approve different types of applications, and can negotiate on the client’s behalf.
  5. Potential cost savings. Brokers can identify deals with lower interest rates, fees, and other costs that may not be available to individual borrowers.
  6. Ongoing support and reviews. Brokers can provide assistance even after the mortgage is secured, such as when it comes time to remortgage.

In summary, using a mortgage broker in the UK can save time, money, and stress, while also increasing the chances of securing the most suitable mortgage for the client’s needs.

 

 

What documents are required to apply for a mortgage through a broker in Blackburn?

 
The key documents required to apply for a mortgage through a broker in Blackburn are:
  1. Proof of identity and address:
    • Passport or driving license
    • Recent utility bill, bank statement, or council tax bill showing your current address.
  2. Financial documents:
    • Last 3 months’ bank statements.
    • Last 3 months’ payslips if employed, or last 2 years’ tax returns/accounts if self-employed.
    • Details of any existing credit cards, loans, or mortgages.
    • Proof of deposit, such as savings account statements.
  3. Additional documents:
    • Proof of residency and nationality if you are not a UK citizen.
    • Copies of current mortgage statements if remortgaging.
    • Details of any employee benefits like death-in-service or sick pay.
    • Copies of the last 2 years’ contracts if you are a contractor.
The mortgage broker in Blackburn will guide you on exactly which documents are required based on your specific circumstances. Providing all the necessary documentation upfront can help streamline the mortgage application process.
 
 
These Independent Mortgage Advisors and Brokers cover the following Blackburn Postcodes:

 

PostcodePost town PostcodePost town   
BB0BLACKBURN BB8COLNE   
BB1BLACKBURN BB9NELSON   
BB2BLACKBURN BB10BURNLEY   
BB3DARWEN BB11BURNLEY   
BB4ROSSENDALE BB12BURNLEY   
BB5ACCRINGTON BB18BARNOLDSWICK   
BB6BLACKBURN BB18BARNOLDSWICK   
BB7CLITHEROE   
 
More Blackburn Information
Population120,500 [1]
• Density11,114/sq mi (4,291/km2)[2]
DemonymBlackburnian
OS grid referenceSD685277
• London184 mi (296 km) SSE
Unitary authority
Ceremonial county
Region
CountryEngland
Sovereign stateUnited Kingdom
Post townBLACKBURN
Postcode districtBB1, BB2
Dialling code01254
 
PoliceLancashire
FireLancashire
AmbulanceNorth West
UK Parliament
List of places
UK
England
Lancashire
53.748°N 2.482°W

 

 

 

 

 

Speak to Blackburn mortgage brokers and mortgage advisers for help and advice. By using Mortgage Brokers Network we can connect you with over 2,500 Mortgage brokers throughout the UK. Please use our ‘Get Mortgage Advice’ quote form to receive advice from Blackburn mortgage brokers and mortgage advisers or scroll through the companies listed and contact the mortgage brokers directly.

 

 
 

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