What is A Mortgage Now?
A Mortgage Now is an independent online mortgage broker. This means that you can provide us with the information we need to assist you safely and securely, online, 24 hours a day, seven days a week, at a time to suit yourself.
Our online independent mortgage advice process
Our online application form takes just 7 minutes to complete. You will then have a designated, highly experienced, independent mortgage broker assigned to guide you.
Our simple, straightforward, online, service dramatically reduces the kind of inconvenience you may have encountered elsewhere in the mortgage market.
What is an Independent Mortgage Broker?
There are thousands of mortgage brokers serving borrowers, but some give you the additional advantage of being independent. This means they can access lending from the whole of the market and not just from a restricted lending panel.
An independent mortgage broker assists you in obtaining the right mortgage for your circumstances by presenting all the options available to you from different lenders. Whether you are seeking a purchase, a remortgage, or a buy-to-let mortgage, your mortgage market options are presented to you clearly.
Your mortgage broker will request the relevant supporting documentation from you and submit it in the correct format to the lender. During the application process, your broker will liaise with the lender to ensure smooth progress and keep you updated.
Benefits of Using an Independent Mortgage Broker
The benefit of using an independent mortgage broker is that they will assess your circumstances and identify which mortgage lenders will consider your case, and which lenders have the most competitive rates available to you. Not all mortgage brokers are independent; some are restricted to a limited panel of lenders which means you could miss out on specialised or cheaper rates with a different lender.
Independent mortgage brokers are regulated by the Financial Conduct Authority and authorised by mortgage lenders across the whole of the UK market to act on your behalf and submit your application to the mortgage lender.
If you approach a single bank, you will only get information on that single bank’s mortgage products. Independent online mortgage brokers offer advice and recommendations whilst considering the whole of the market.
How Much Does it Cost to Use A Mortgage Now?
We do not charge a fee for Product Transfers.
In most new business cases we do not charge a fee.
Exceptions include:
- All mortgages under £250,000
- Adverse credit mortgages
- Buy to Let or Let to Buy mortgages
- Clients with overseas-based income
- Guarantor mortgages
- Mortgages for holders of temporary visas
- Mortgages for contractors
- Mortgages for locums
- Newly self-employed applicants
- Self-build mortgages
- Expat mortgages
Where a fee is charged, this will total no more than £797.
View our full Terms of Business.