Somers Financial Ltd
Mortgage Advice

Somers Financial Ltd providing a fast and quality service.

Residential mortgages are regulated in the UK, which means that both brokers and lenders must comply with a number of rules and regulations.

Lenders will analyse your circumstances thoroughly before offering a mortgage and the amount they will lend is determined by what they consider you can afford to repay.

When applying for a mortgage, you should expect your income and expenditure to be assessed together with your credit history. Each lender uses different criteria for its mortgage lending; this means that your application could be treated differently between lenders, depending on your circumstances.

Our advisers at Somers Financial Ltd will gather the information needed to understand and evaluate your requirements. In most cases this process can be completed by telephone, meaning that we can start work for you immediately. 

Using the information gathered we research the mortgage market to find the mortgage solution that will best suit your requirements. If your borrowing requirements are straightforward the initial research for your mortgage can usually be completed the same working day. For complex mortgage requirements we may need to speak with lenders at a more senior level and this typically extends the research time. 

We believe in honesty and transparency, this means if we feel we are unable to help with your mortgage requirements we will tell you at the earliest opportunity. 

The process of applying for a mortgage will involve providing a number of supporting documents. We ensure that you are inconvenienced as little as possible by requesting much of the documentation in advance of your application. In most cases once a mortgage has been submitted to the lender you will not receive additional requests for information. 

Our aim is to obtain full approval for your mortgage as quickly as possible and your dedicated Somers Financial adviser will keep you fully updated throughout the entire process. 

To fully understand our service and find out how we can help you, please contact us. An initial discussion with one of our advisers is both free of charge and there is absolutely no commitment to use our service further, albeit we hope you decide to do so.