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Crosby Mortgage Solutions does not charge for an initial consultation meeting. If you do appoint us to arrange your mortgage our typical broker fee is £299, however it could be as much as 1% of the loan amount, £299 payable on application and the remainder payable on completion. The precise amount will depend on your circumstances.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Crosby Mortgage Solutions Limited is an Appointed Representative of First Complete Limited which is authorised and regulated by the Financial Services Authority.
Crosby Mortgage Solutions Limited is an Appointed Representative of First Complete Limited which is authorised and regulated by the Financial Services Authority.
> Mortgages > Residential Mortgages
For someone looking to buy a property these days there has probably never been a wider and potentially more confusing array of mortgages available in the market.
Traditionally, the high street banks and building societies were the only source of mortgage loans and they still control the majority of lending. The competitiveness of their offerings will vary from time to time as they vie to retain or increase their market share, but they still use their brand strength and customer inertia to secure more margins from this lending than they might.
Over the past ten years or so, the internet has become a major force in the mortgage market offering a route for new lenders to access clients without the need to establish expensive branch infrastructures. This not only allows the lenders to offer more competitive products, but is also ideal where the lender only wishes to commit limited funds to a product and have the ability to replace it with the flick of a switch. Many of the high street lenders have launched internet operations to compete.
Finally, some lenders chose only to offer mortgages through intermediaries as a method of further reducing their infrastructure costs, or offer special terms to larger intermediary networks to secure volume sales.
When it comes to how much a lender will lend, each lender will adopt its own criteria. Some lenders still base their maximum loan amount on salary, whilst others will look at each client’s individual affordability.
As a ‘Whole of Market’ adviser Crosby Mortgage Solutions can match the most appropriate mortgage available with your personal circumstances.
Traditionally, the high street banks and building societies were the only source of mortgage loans and they still control the majority of lending. The competitiveness of their offerings will vary from time to time as they vie to retain or increase their market share, but they still use their brand strength and customer inertia to secure more margins from this lending than they might.
Over the past ten years or so, the internet has become a major force in the mortgage market offering a route for new lenders to access clients without the need to establish expensive branch infrastructures. This not only allows the lenders to offer more competitive products, but is also ideal where the lender only wishes to commit limited funds to a product and have the ability to replace it with the flick of a switch. Many of the high street lenders have launched internet operations to compete.
Finally, some lenders chose only to offer mortgages through intermediaries as a method of further reducing their infrastructure costs, or offer special terms to larger intermediary networks to secure volume sales.
When it comes to how much a lender will lend, each lender will adopt its own criteria. Some lenders still base their maximum loan amount on salary, whilst others will look at each client’s individual affordability.
As a ‘Whole of Market’ adviser Crosby Mortgage Solutions can match the most appropriate mortgage available with your personal circumstances.
RESIDENTIAL MORTGAGES
RE-MORTGAGES
BUY-TO-LET
LET-TO-BUY
1st TIME BUYER
MORTGAGE CALCULATOR
RE-
BUY-
LET-
1st TIME BUYER
MORTGAGE CALCULATOR
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