Banks and building societies have varying risk tolerances, resulting in each having different lending criteria. This means each lender may excel in specific areas while having limitations in others. As we have access to a wide range of lenders, we aren’t limited to set criteria and can access mortgage products from lenders who specialise in particular circumstances, such as those who offer mortgages to Limited Companies for Buy to Let properties and those who provide mortgages to people with adverse credit. In all cases, lenders will consider your income, credit profile, size of deposit, and disposable income to determine your eligibility and affordability.
Advice on your mortgage options
Understanding the different types of mortgages available is key for home buyers and those looking to remortgage. As an experienced and well-connected mortgage broker, we provide tailored advice and access to a wide range of mortgage rates and options that could save you money.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Contact a James Leighton adviser for a personalised assessment of your options.
Get in touch
Get in touch
Whole of market mortgage advice
Access to a wide range of products
Our Nottingham-based team advises clients across the UK on a variety of residential mortgage products. We cover options including tracker mortgages, variable-rate mortgages, which change with market fluctuations, and fixed-rate mortgages, which offer stable repayments.
We also assist with home mover mortgages, cashback deals, offset mortgages, and Buy to Let mortgages for those with specific needs. If you're looking to remortgage, we can help with switching lenders, product transfers, and further advances to access home equity. Our team of remortgage brokers ensures you get the most suitable available options tailored to your circumstances.
Whatever your situation or the Loan to Value (LTV) ratio, our experienced mortgage advisers are here to guide you every step of the way.
It's crucial to think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Seeking professional advice can help you understand the potential risks and make informed decisions.
Some Buy to Let mortgages are not regulated but the Financial Conduct Authority.
- Call: 0115 870 9520
- Email: [email protected]
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Standard variable and tracker mortgages
These mortgages have interest rates that may change over time, meaning your monthly payments can go up or down.
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Fixed-rate and cashback mortgages
A fixed-rate mortgage locks your interest rate for a set period, providing stable monthly payments. Cashback mortgages offer a cash incentive upon completion and can be either fixed or variable rate.
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Offset and self-build mortgages
An offset mortgage links your savings with your mortgage balance, so you pay interest only on the difference. This can reduce your monthly payments and shorten your mortgage term. A self-build mortgage releases funds in stages to help you finance building your own home.
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Second charge mortgages
Also known as a secured loan, second charge mortgages let you borrow against the equity in your home, often to fund home improvements or other financial needs. Experienced mortgage advisers can provide tailored guidance if you're a self-employed business owner looking to secure additional financing.
Secured loans are on a referral basis.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Repayment mortgage
This is the most common type of mortgage, where each monthly payment covers both the interest and a portion of the capital borrowed.
The right mortgage
Which mortgage suits me?
The most suitable and beneficial mortgage for you can only be determined by assessing a range of personal requirements and preferences, as well as your long-term financial goals. You should consider consulting with a mortgage broker who is neutral and who will search the whole of market for mortgages rather than one who is aligned with certain lenders.
Long-term goals
What about the future?
Choosing a mortgage isn’t just about the here and now; it’s also about your long-term financial future. Our mortgage advisers will consider all of your financial objectives when assessing you for a mortgage, so you can make informed decisions that benefit you and your family for years or even decades to come.
What about risk?
Assess your risk tolerance
Different types of mortgages come with varying degrees of certainty or risk. For example, the monthly repayments of variable rate and tracker mortgages can fluctuate between being cheaper or more expensive over time. Our advisers will assess your mortgage options based on your preferences and risk tolerance.
Right for you
Finding the most suitable mortgage for you
Our trusted mortgage advisers work with clients nationwide to provide tailored mortgage advice. We take the time to understand your financial situation, preferences, and long-term goals, ensuring you have the correct information to make confident decisions. We'll guide you through the process and help you avoid costly mistakes. We consider options from across the whole of market to find the most suitable mortgage for you.
Use our mortgage calculator to estimate your monthly payments and compare options.
- Call: 0115 870 9520
- Email: [email protected]
FAQs
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What factors determine mortgage eligibility?
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What type of mortgage is most suitable?
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There isn’t one type of mortgage that is better than others. The optimal mortgage for you can only be determined based on personal needs and preferences, as well as the current mortgage market which is influenced by the economy. To understand the most suitable mortgage options that are available right now, it’s worth engaging with one of our experienced mortgage brokers.
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How can I pay off my mortgage quicker?
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Most mortgages allow for some level of overpayment without incurring early repayment penalties, usually up to 10% of the outstanding balance each year, which will help to reduce the term of the mortgage. One alternative option could be an offset product that will allow you to link your savings to your mortgage to help reduce the term of the mortgage. Our advisers will discuss all of the options available to you.
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What is the difference between a fixed-rate and a tracker mortgage?
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A fixed-rate mortgage locks in your interest rate for a set period, ensuring stable monthly repayments. In contrast, a tracker mortgage follows the Bank of England base rate, meaning your monthly payments may increase or decrease depending on market conditions.
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How do Buy to Let mortgages differ from residential mortgages?
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Buy to Let mortgages are designed for property investors renting out their properties, typically requiring a larger deposit and often operating on an interest-only basis. Residential mortgages, on the other hand, are for people buying a home to live in and usually involve repayment of both capital and interest.
Some Buy to Let mortgages are not regulated by the Financial Conduct Authority.
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Can self-employed applicants get a mortgage?
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Yes, but lenders often require additional documentation, such as two to three years of accounts or tax returns. Our self-employed mortgage advisers specialise in helping business owners and freelancers find lenders with flexible criteria.
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What are the benefits of using a mortgage broker?
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A mortgage broker usually provides access to a wide range of lenders and exclusive deals not available on the high street. They also offer guidance on complex cases, such as mortgages for those with adverse credit or Limited Company directors.
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How do I compare mortgage rates?
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You can use our mortgage calculator to estimate your monthly repayments and check our best buy mortgage tables to compare the latest offers across different lenders.
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What are the advantages of remortgaging?
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Remortgaging can help secure a more advantageous interest rate, reduce monthly payments, or release equity for home improvements. Our remortgage brokers can assess your options and guide you through the process.
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What help is available for first-time buyers?
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Our first-time buyer mortgage advisers provide tailored support, helping you understand the process, explore government schemes, and secure a mortgage that fits your budget.
First-time buyers
Buying your first home? Our first-time buyer mortgage advisers will provide clear explanations and dedicated support throughout the process.
Remortgaging
Looking for a more suitable mortgage deal? Our remortgage brokers will help you explore your options and make the switch.
New build mortgages
Get professional advice on securing a mortgage for a new build property.
Buy to Let
If you’re investing in property, our advisers can help you find Buy to Let mortgages that align with your financial goals.
Some Buy to Let mortgages are not regulated by the Financial Conduct Authority.
62%
is how much higher the average monthly mortgage payment is compared to last year*.
The average monthly mortgage payment for a semi-detached property in 2024 was £1,428.
What our customers say
Kept us up to date with the whole process and have been so helpful! Would definitely recommend.
