Mortgage Broker in Scotland

Buying your first home is exciting, but navigating the mortgage process can feel complicated. As a first time buyer in Scotland, you will need to consider your deposit, affordability, and mortgage options. Most lenders require a minimum 5% deposit, though 10% or more could give you access to better rates.

If you are self employed, lenders may ask for two years of accounts to assess income stability. Some lenders will consider one year’s history, depending on the case. A mortgage broker in Scotland can help you understand your affordability, find the right lender, and secure an Agreement in Principle, giving you confidence when making an offer.

Book a free mortgage appointment today and take the first step towards owning your home.

Moving home comes with plenty of decisions, especially when it comes to your mortgage. Whether you are upsizing, downsizing, or relocating, getting the right deal is essential.

If you already have a mortgage, you may be able to port it to your new home, keeping your existing deal in place. While this can be beneficial, lenders will still assess your affordability. If porting is not an option, securing a new mortgage may be the better route.

Lenders will consider your income, credit history, and equity when assessing how much you can borrow. A mortgage broker in Scotland like us can explore your options, helping you find the most suitable mortgage deal for moving home in Scotland.

Remortgaging allows you to secure a better rate, release equity, or adjust your mortgage to fit your needs. If your fixed-rate term is ending, your lender will move you onto their standard variable rate (SVR), which is often higher. Switching to a new deal could help reduce your monthly repayments.

If you are looking to borrow more, a remortgage in Scotland could allow you to release equity from your home for renovations or other financial goals. A mortgage broker in Scotland can compare thousands of deals and find the most suitable remortgage for you.

Whether you are a first time landlord or expanding your portfolio, getting the right buy to let mortgage in Scotland is key to making your investment work. Lenders typically require a 25% deposit, and your borrowing potential is assessed based on rental income and affordability.

If you already own rental properties, you may want to remortgage for a better rate or release equity to invest in another property. Some landlords also explore limited company buy to let mortgages for tax benefits. Our mortgage advisors in Scotland can help you find the best deal for your investment goals.

Several mortgage schemes can make homeownership more accessible:

• Right to Buy in Scotland – Allows eligible council tenants to purchase their home at a discounted price.
• Shared Ownership in Scotland – Enables buyers to purchase a percentage of a property while paying rent on the remainder, with the option to increase ownership over time.
• Lifetime ISA in Scotland – A government-backed savings scheme where first-time buyers can save for a deposit with a 25% bonus added to their savings.

Getting mortgage advice in Scotland can help you explore these options and find the most suitable route for your situation.

Getting a mortgage when you’re self employed in Scotland can feel more complicated, but with the right guidance, it doesn’t have to be. Lenders assess self employed applicants differently, focusing on income stability and trading history rather than a fixed salary.

Most lenders require two years of accounts or SA302s, but some may consider applications with one year’s history, depending on the case. If you are a sole trader, contractor, or limited company director, a mortgage advisor in Scotland can help find lenders who understand self employed income structures.

We’ll search thousands of mortgage products to find the most suitable deal for your circumstances. Book a free mortgage appointment today and let us help you secure your mortgage.

Getting a mortgage later in life is more common than you might think, whether you’re looking to remortgage, release equity, or buy a new home. There are several options available depending on your financial situation and long-term goals.

• Retirement Interest Only (RIO) Mortgages in Scotland – You pay the interest each month, with the loan repaid when you sell your home, move into long-term care, or pass away.
• Equity Release in Scotland – Allows homeowners over 55 to unlock some of their property’s value while continuing to live in it.
• Lifetime Mortgages in Scotland – A type of equity release where interest can roll up over time, with the loan repaid when the property is sold.

Choosing the right later life mortgage depends on your personal circumstances, and it’s important to consider the long-term impact. A mortgage broker in Scotland can guide you through your options and help you make an informed decision.

Having a low credit score, missed payments, defaults, or CCJs can make getting a mortgage feel difficult, but it doesn’t mean you’re out of options. There are specialist lenders who offer mortgages to those with adverse credit, though the deposit requirements and interest rates may be higher.

Lenders will assess the severity of your credit issues and may require a 10-15% deposit. If you’ve been declined elsewhere, a mortgage broker in Scotland can help you find a lender willing to consider your application.

Even if your credit history is less than perfect, there may still be a way to get a mortgage with bad credit in Scotland. Book a free mortgage appointment today, and let’s explore your options together.

If you need short-term property finance, a bridging loan in Scotland could be the solution. These loans are commonly used to buy a new property before selling an existing one, purchase an auction property, or fund renovations that a standard mortgage wouldn’t cover.

Bridging loans are typically secured against property and can be arranged quickly, making them ideal for time-sensitive transactions. Lenders will assess the loan-to-value ratio, your exit strategy, and overall affordability before approving a loan.

Whether you’re an investor, home mover, or developer, a mortgage broker in Scotland can help you explore your bridging finance options and find a lender suited to your needs. Book a free mortgage appointment today to discuss your options.