Nottingham's Leading Mortgage Advisors
Let us put you in touch with one of our financial experts who will give you impartial advice and help you find suitable products for you.
No credit search conducted
Why use us?
From the information you provide to us, our experts will search the market and find the most suitable products for you. If you are happy with the product on offer, we will handle all the necessary paperwork for you, including any relevant applications, to ensure that everything runs smoothly for you.
From just a few minutes completing some basic information, we will quickly search for suitable financial products for you.
We’ve helped thousands of customers secure financial products and service so you know that you are in capable hands.
Reduced stress & time saving
Choosing the right financial product is time consuming and can be stressful, so remove much of this by putting it in the hands of one of our financial experts.
Whatever type of financial product or service you are looking for, our service is reliable and always matched to your own personal circumstances.
Nottingham - Aidan Comerford
Director Aidan Comerford is very experienced in the industry and opened the first franchise of the Finance Advice Centre in June 2017. Located in the Park Lane Business Centre in Nottingham he and the team have had many happy customers!
“I have been in the industry 27 years starting out with Royal Life as it was formerly known. I joined the Finance Advice Group in June 2017 and opened up the first franchise for Finance Advice Centre in Nottingham and the business has gone from strength to strength. We now have 4 advisers in total offering our clients a depth of knowledge throughout a number of areas within the financial services industry and who are very successful in their own right and have added to the growth of the franchise. We also have a dedicated Case Manager and an administrator who support the advisers and keep our clients regularly updated with the progress of their application.”
Mortgage & Protection Advisor
Mortgage & Protection Advisor
Mortgage & Protection Advisor
Mortgage & Protection Advisor
Want to join the team?
Are interested in joining the Nottingham franchise? Aidan is currently looking for advisors to join him so if you’re interested feel free to get in touch here.
Where to Find us
Some of the types of mortgages we can help you with
You may have been earnestly saving up for a deposit in an attempt to get on the property ladder, and now the time is right to make the next step and secure a mortgage. First, you’ll need to find out how much you could potentially borrow so you can get a better idea of the type of property and locations available to you. When you start looking for mortgages in Nottingham be sure to shop around and compare the best deals – Finance Advice Centre can help you with this. Avoid the temptation to go with the first feasible deal you see as there are savings to be made by looking for the best deals.
Remortgaging your property
We can help you make the decision whether a remortgage would be in your best financial interests. There are a number of reasons you might decide on remortgaging including:
- Your current deal is to expire soon
- Mortgage overpayments
- Increased property value
- You are on a higher interest rate
- Releasing of equity in the property
If you need any help with remortgaging it is advisable to speak to a mortgage broker in Nottingham. Our Finance Advice Experts will be able to answer any questions you have and ensure you get the best deal for your remortgage.
A buy-to-let mortgage is a financial product specifically aimed at those who purchase property as an investment to rent out rather than to live in. If you are planning on purchasing property to let out, the majority of lenders will prefer you not to finance the purchase with a normal residential mortgage.
Unlike most residential mortgages, buy-to-let mortgages are usually offered on an interest-only basis. Therefore, the monthly payments will only cover the interest on the mortgage and not the capital.
Right to Buy mortgages
If you are a council tenant, you may have the option to buy your property at a discounted rate through the Right to Buy scheme. If you currently rent a local authority owned house, a 35% discount could be available if you have been a tenant for between three and five years. After five years the discount goes up by 1% for every extra year up to a maximum of 70% discount. If you rent a council flat, a 50% discount is available for those who lived there between three and five years, and after that the discount rises by 2% for each extra year up to 70% discount.
Commercial mortgages usually are there for companies where business loans are insufficient for their needs. Business loans are unsecured loans up to the value £25,000, but when larger amounts are required, lenders require security so they can reduce the risk to themselves. A business mortgage is usually anything from 3 to 25 years and a 70-75% mortgage is most common. Mortgage loans for commercial properties fall into two categories, owner-occupier mortgages and commercial investment mortgages. An owner-occupier mortgage is used to buy property that will be used as trading premises for a business, whereas commercial investment mortgages are used for property that is to be let out.
Self-employed people can face bigger challenges when it comes to getting a mortgage, in the main because they have to prove that they have a regular and reliable source of income. Lenders will consider you as self-employed if you own more than 20% to 25% of a business from which you earn your main income. For example, you could be a sole trader, contractor, or company director.
When looking for a mortgage, a self-employed person will have access to the same range of mortgages as everybody else and will need to pass the lender’s affordability tests in the same way as any other applicant. With no external employer to confirm incomes, self-employed people seeking a mortgage have to go to extra lengths in order to provide evidence of their income. Mortgage providers over the years have considerably tightened up their lending criteria and need to be fully convinced you can afford your mortgage before they agree to lend to you.
If you have only been self-employed and only have accounts for one year or less, you might find it more difficult to prove to a lender that you can afford to repay a mortgage, but it certainly is not impossible. Finance Advice Centre can help you overcome the difficulties you might face when seeking a self-employed mortgage.
For more information about mortgages in Nottingham get in touch with the Finance Advice Centre today. We also offer advice about purchase, moving home, professional, and Lifetime mortgages. Our team has specialist knowledge that can benefit you whether you’re completely new to mortgages or already have a good idea of what is involved. So, if you are looking for a mortgage advisor in Nottingham that can give you the assistance you need to make a successful mortgage application, we can help.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Our approach - and how we do it
We love speaking with our clients. Either give us a call or fill in one of our contact forms. Remember, we love a challenge!
One of our Advisors will then find out what you’re looking to do, discuss your options and answer any questions you may have.
Your Advisor will find the best option for you and help arrange things. You then sit back and relax while we do the rest.
Ready to assist you.
Choosing a financial product or service, such as a mortgage, remortgage, loan or insurance can be daunting and your choice is a decision you need to get right. For this reason, it is vital that you get impartial advice from competent and qualified advisors. Whether you are a first-time buyer, looking to remortgage, hoping to remortgage or even buy a property to let, needing a loan or insurance this is where our advisers excel.
Be reassured that our aim is to guarantee reliable financial advice appropriate to any individual that makes contact with us. Through our network of contacts, we have access to thousands of financial products, from mortgages to loans to insurance, so we are confident that we’ll find one to suit you.
See what our customers think ...
I would highly recommend the mortgage advice service Alice Hale was amazing throughout she is a credit to your organisation and helped us secure our dream home
We had a long journey buying our first home together and recent pandemic events didn’t help matters. Every step of the way, our advisor Steve was supportive, positive and we had every confidence in him. He was able to arrange a good deal for us and we were able to move into our dream house this autumn.
I used George from the finance advice centre to get my mortgage, and he was nothing but amazing! Talked me through every step, always easy to get hold of ! And got me a brilliant product I would highly recommend him, just brilliant 5 stars from me
What a Fantastic Service from start to finish. Great customer support from Ben Patten & Joe Frayne, superb product knowledge and exceptionally responsive to emails/calls, we can 100% recommend the Finance Advice Centre Ltd , they got us a great deal on a mortgage with suited life insurance, especially during this very difficult Covid 19 time ……
From start to finish, Greig and Emily were very helpful with our mortgage application. The advice Greig gave us was very clear and informed. They were always available either by phone or email to answer any questions we had. The whole process was made a lot easier because of the work they did. Would thoroughly recommend
Let us do the work of finding your mortgage
We’ll put you in touch with impartial advice from an expert mortgage advisor who will help secure you the best mortgage deals available.