Gloucester Mortgage Broker

More so than most of Gloucestershire. Prices here sit well below Cheltenham, ten miles up the road, which is why a lot of first time buyers in the county end up looking at Gloucester first. The deposit needed is lower, though lenders still assess affordability the same way wherever you buy. It is worth checking what you could borrow before you start viewing.

Usually, though it depends what has been done to it. Gloucester has a great deal of Victorian and Edwardian terraced housing, and lenders take different views on things like single skin walls, older roof structures and previous conversions. A valuer flagging work needed does not end an application, but it can change which lenders will proceed, and specialist lenders often take a more flexible view of older housing stock.

Converted dock and quayside buildings are leasehold flats in most cases, and lenders apply their own rules on lease length, service charges and the number of flats in a block. Some also limit lending on former commercial buildings. It is worth establishing the position early rather than at valuation stage.

No. Our advice is fee-free for every client in Gloucester, and the lender pays us once the mortgage completes. Nothing is taken from your deposit. We also advise on buy to let cases on exactly the same basis.