Willow Brook Mortgages provide mainstream mortgage advice and specialist finance with access to over 200 lenders.

 

Whether you are looking to purchase your first buy to let, a run down property requiring some work, a HMO or adding to your portfolio – we can find you the best rate to finance!

Contact us 7 days a week for expert financial advice

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0330 555 9414

Where award winning mortgage advice works with the UK property experts

 

Willow Brook Mortgages provide expert and friendly mortgage advice. We are a family run mortgage brokerage with access to over 100 mainstream lenders and 200 specialist lenders. With a wealth of knowledge in the property market, we take the stress out of the finance in purchasing a property.

Our online portal allows you to complete your details from the comfort of your own home and upload your documents securely. Have a look below for our simple process to get things moving.

Our Simple Mortgage Process

1. Complete our online enquiry form
This will take your basic income and expenditure details, making the first step quick and easy.

2. Get your own dedicated advisor
You will be assigned your own advisor who will give you a call to introduce themselves and discuss the next steps.

3. Purchasing a property
We’ll discuss what’s possible and issue a certificate for you to show to estate agents.
If you’re remortgaging, skip to step 5.

4. Find the right property
Whether you’re looking for your perfect home or the right investment, we’ve got you covered. Don’t worry if it’s an auction property – we can still help you with the finance.

5. Discuss your mortgage options
We’ll have a conversation about what you’re looking for in a mortgage and the different options available to you.

6. Upload your documents
Your advisor will provide a list of the required documents, and you can upload them electronically through our secure portal.

7. Research and application
After researching the market to find the best option for you, we’ll review the full mortgage details together and submit the application to the lender.

8. Sit back, we handle everything with the lender
We’ll take care of all the communication with the lender, so you can relax while we work to get your formal mortgage offer.

9. Receive your mortgage offer
Once your formal mortgage offer is received, it’s over to the solicitors to arrange completion.

😊 Don’t worry – we’re always on hand for any questions you have throughout the process! 🏠

What you will get from Willow Brook Mortgages:

A bespoke service with your own dedicated advisor who you can call or email with any queries along the journey

Expert advice from advisors with a wealth of knowledge in the mortgage and property industry

A decision in principle to show the mortgage available for you and the option for a credit search to secure this

Access to over 100 mainstream lenders and 200 specialist lenders so we can find you the best finance deal

Top tips for Bridging Finance

  • Research – the property couple have a great video if you haven’t already watched it. Discussing how to analyse a property investment deal. Click here to view the video
  • Speak to a specialist finance broker – Willow Brook private finance have access to over 200 lenders so we can discuss all of your options on how to secure bridging finance. We will explain the full process and all of the costs involved so that you fully understand the quote you are provided with
  • Get some quotes for the work you want to carry out – being prepared will help ensure the final property meets your final goal
  • Plan your exit strategy – this is how you are going to pay off the bridging finance. Bridging is short term finance so will usually be in place for up to 18 months. Commonly people will look at remortgaging on to a standard mortgage or selling the property to clear the bridging finance.
  • Use a broker – they will explain all of the details but also have access to a wide range of lenders to get you the best overall deal

 

Commonly asked questions;

A buy-to-let is a property purchased specifically to rent out to tenants. The owner aims to earn rental income and potentially benefit from the property's increase in value over time. Investors typically use a buy-to-let mortgage for this type of purchase. It’s a popular investment strategy but comes with risks like void periods, maintenance costs, and market fluctuations.
NO, HMO stands for House in multiple occupation. This is where a property is let to 3 or more unrelated people sharing facilities such as a kitchen and bathrooms. HMO's are commonly used by students as well as professionals. The increased costs of living and the social aspect of sharing a house can
Generally speaking 25% of the property value is required for the deposit on a buy to let property. There are some lenders who will allow 20% deposit but you will pay a slightly higher interest rate when this is available.
Yes, you can still use a mortgage for a auction property. Some lenders offer very quick turnaround times as long as the property is habitable. Alternatively you can use bridging finance to put short term finance in place quickly until a mortgage is achievable.
Yes, for most cash properties you can still use finance. This is commonly put on property adverts when they are unhabitable or require a quick sale. This is where bridging finance can be a quick solution to finance up to 75% of the property for a quick purchase and while you carry out the required work to the property. *There are some scenarios where a cash only property is due to it being unmortgageable so it is always worth checking the reason with the estate agent selling the property.
A mortgage broker will have access to a large range of lenders, this benefits you with; - getting the best interest rate - having a wide range of criteria to find you the right mortgage for your needs - We do all of the hard work for you & chase the lender for updates - Knowledge of lenders strengths and weaknesses - this could increase your affordability and likelihood of you being accepted
Bridging finance is a short-term loan designed to 'bridge' the gap between the purchase of a new property and the sale of an existing one. It is commonly used to finance a property quickly when other funding options are not immediately available. Bridging finance is great for buying properties at auction with a quick turnaround or a property needing extensive renovations.
Bridging finance can be used for a variety of purposes, including: * Purchasing a property before selling another * Property auctions (where quick completion is required) * Renovations or refurbishments * Development projects * Commercial property purchases * Releasing equity for urgent cash flow needs * Changing the use of a property
Bridging loans are designed for quick access to funds, often with approval and funds available within 5-14 days after the initial application. This speed makes them ideal for time-sensitive transactions.
In addition to interest rates, bridging finance typically includes several fees, such as: Arrangement fees - usually 1-2% of the loan Broker fee - 1% of the balance is the industry standard Valuation fees - depending on the value of the property Exit fees - lenders are available with no exit fee after 3 months Legal fees
The amount you can borrow depends on the value of the property and your loan-to-value (LTV) ratio. Lenders typically offer up to 75% of the property’s value. You can lend above this if you have other properties to secure the finance against as well.
Yes, bridging finance is ideal for auction purchases since it provides quick access to funds. Auction purchases often require completion within 28 days, and a bridging loan can help meet this deadline while you arrange more permanent financing.
This is a really commonly asked question but unfortunately there isn't a strict answer. The main thing to check is if you have any negative credit such as missed payments, CCJ's and payment plans. Lenders will also check for overdraft use, pay day loans and your overall credit profile. Let your mortgage broker know if you have any concerns around credit and they will be able to answer your specific queries.
A whole portfolio buy-to-let mortgage is designed for landlords who own multiple rental properties (typically four or more). It allows them to finance or refinance multiple properties under a single mortgage or across multiple loans with the same lender.
No, portfolio buy-to-let mortgages can be structured in different ways. You can have a single mortgage covering multiple properties, or separate mortgages for each property, depending on your lender's terms and your financial strategy.
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If you are looking to invest in property or grow your portfolio - click here for The Property Couple website