Mortgage brokers in Bromley

Independent
Convenience
Long-lasting relationships
Property experience

Mortgage brokers in Bromley: Knowledgeable, reliable, authentic

Meet Conran Mortgages – we have been a reputable mortgage broker in Bromley since 1999. As independent brokers, we are proud to advise our customers by offering fee-free, whole-of-market choice when choosing the best mortgage for your needs. Whether you are a first-time buyer, home mover or buy-to-let investor, we guarantee that we will be of great service. We offer an honest, transparent service and will know within our first meeting how we can help and add value to your mortgage search.

Our customers love the fact they can gain expert advice from independent brokers in Bromley. We love Bromley, and are thrilled to have served the area for so long. Call us on 020 8528 2251 to start your independent mortgage journey.

Need our experience? Get in touch

Start your journey today with a simple enquiry – email hello@conranmortgages.co.uk or just complete our contact form for a call back.

Your mortgage
advisor in Bromley:
How to get started

As Bromley’s mortgage broker, we’re experts in understanding the local area and how to secure the best rates. Being fully independent, we have access to hundreds of mortgage lenders. Living in the Borough of Bromley is undoubtedly beneficial with gorgeous areas such as Beckenham, Chislehurst, Bickley, West Wickham, Hayes, Eden Park, Elmers End and Crystal Palace (to name a few), and quick transport into Central London. By getting in touch with us, you tap into decades of knowledge in the world of mortgages, including expertise on Later Life mortgages and other specialist types of mortgage lending. All you have to do is pick up the phone – we handle the rest.

Fee-free mortgage advice in Bromley

No broker fees come as standard with our services*. We offer the best mortgage products with incredible service, with the added benefit of saving you money along the way. We would love you to be one of our customers – doing the right thing by you is important to us.

Conran Mortgages: The Bromley mortgage brokers

Conran Mortgages offers comprehensive advice for those looking to buy a home in the wonderful borough of Bromley. We have a range of competitive products:

Pre-approvals
Refinancing
Debt consolidation
Home purchases
Remortgaging
Investment mortgages
Specialist later life mortgages

Our team of experts have access to the latest industry information and resources, allowing us to find you the best mortgage to suit your circumstances.

First-time buyer mortgage services

Stepping onto the property ladder in Bromley can be scary. We work with hundreds of lenders – including HSBC, NatWest, Santander and Halifax – finding the most suitable deal for you. We help you make informed decisions.

Remortgage services

Is your existing rate expiring? If you’re paying a Standard Variable Rate (SVR) with a higher rate, we can source lower rates and reduce your monthly payments. Refinancing through us, you can access additional funds while reducing the length of your mortgage term.

Buy-to-let mortgage services

Bromley is a great borough to invest in a BTL, and we help you get the best rates for your loan. Whether purchasing through special purpose vehicles (SPVs) or in your own name, our advisors provide resources and guidance to ensure a successful transaction.

Interested in industry news? Read our blog

Interested in a later life mortgage? Trust our advice

Later-life mortgages can provide so many benefits. If you’re interested but don’t know where to start, get in touch with our team on 020 8528 2251 or email hello@conranmortgages.co.uk.

Equity release in Bromley: Expert services

Bromley has a large over-55 age group. If this includes you, our team are experts in later life mortgages. Releasing equity in a home can be a great way to release money from your house to enjoy your retirement years. In these cases, we thoroughly assess your individual financial situation with the utmost care. This is not a one-size-fits-all solution so we give expert guidance throughout, providing detailed information and helping you understand how this product can benefit you.

Further details on equity release and its impact

Equity release in a nutshell

The equity in your property is the value of your home minus any outstanding mortgage or other loans secured against it. Historically, the equity of one’s home is passed on as an inheritance upon death, but you may wish to do something with your equity at a time which suits you!

Are you eligible?

Ultimately, there are three main criteria for this type of mortgage.

You are aged 55-95
You own your property
The property is mortgageable

Equity release made simple, call us now

We’re aware of the complexities that make mortgages more difficult to understand – luckily we handle the hard parts for you! Call us on 020 8528 2251 or email hello@conranmortgages.co.uk to discuss what’s possible for you.

Get in contact

Two types of lifetime mortgage:
Your options

Lump sum lifetime mortgage

This releases an initial tax-free lump sum for you to use however you wish. Interest is compounded and added onto the mortgage capital otherwise known as ‘rolled-up interest’.

Drawdown lifetime mortgage

You receive the initial lump sum, but also you apply for a drawdown facility. You can ‘drawdown’ the remaining cash in stages. You only pay interest once you have drawn the cash meaning that the interest adds up more slowly.

The features of both plans

Downsizing protection

Repay the loan without penalty (subject to criteria), then mortgage a smaller property.

Inheritance protection

Ring-fence a percentage of your property to ensure loved ones’ inheritance.

Partial capital repayments

Partial capital repayment could be suitable if there’s an inheritance or a future investment matures. This typically allows a capital repayment up to a maximum of 15%.

Interest-only payment

Make monthly interest payments so that interest doesn’t compound. Providers enable plans to suit you.

Enhanced

If you or your partner have health conditions then it could be possible to release a higher percentage loan-to-value. Qualifying health issues include heart issues, diabetes or high blood pressure.

Fixed for life interest rate

You have the option of a fixed for life interest rate which guarantees the amount of interest you can pay, whether this is compounded or paid monthly.

Is negative equity possible?

As experts in this field, we would typically recommend products which are ‘Equity Release Council (ERC) Approved’. The key benefit of ERC is that there is a no negative equity guarantee meaning that once the property needs to be sold there will not be a debt left for the beneficiaries of your estate to pay. This gives you peace of mind!

Equity release advisers in Bromley:
Creating a great customer experience

Take a look at what some of our customers have to say about working with us.

I used Jeff & Val to do my mortgages and Later Life/Equity Release mortgage. They were superb and highly efficient. I now have a stress-free life. Thanks so much guys, you don't know how much you have changed my life and assisted me living a stress-free retirement x

I’ve had an excellent experience working with Jeff and Valerie. As a first-time homebuyer, I’ve had many questions and uncertainties, but they have been incredibly helpful throughout the process. They provided thorough and clear information, patiently answered all my questions, and responded to my emails promptly. Their professionalism has made what could have been a stressful experience much easier. I highly recommend Jeff to anyone looking for a knowledgeable and reliable broker.

I consulted Simon Hughes the MD regarding Equity Release and Lifetime mortgages as I needed professional advice on how best to raise additional capital from the equity in my property. This process also involved the potential redemption of an existing mortgage from my bank.

At all times during our discussions Simon acted with the highest level of professionalism, ensuring that all possible alternative avenues were explored and that the timing of any new arrangement was right for me.

He was patient at all times during our discussions and never pressured me to make my decision whilst keeping me periodically updated on changes in the economy at large and the market to ensure I found the best option to meet my needs.

Simon brings a wealth of experience into the advice process and I have now completed the re-mortgaging exercise.

I would have no hesitation whatever in recommending Conran Mortgages to anyone in my position.

Call the most reliable mortgage brokers in Bromley

Rely on our decades of knowledge and navigate your mortgage process for a home in Bromley without stress. Call us on 020 8528 2251 or email hello@conranmortgages.co.uk.