Metropolis Mortgages are a new breed of Mortgage Broker, our firm will
provide straight forward and unbiased advice.
Our advisors are experienced mortgage professionals, with extensive knowledge
gained in the provision of advice and mortgage underwriting arenas. The benefits of speaking to our advisors will become
obvious from your initial contact with us. We pride ourselves on providing
jargon free information to help you choose the right mortgage product for your needs.
A Mortgage Broker is responsible for ensuring the advice is appropriate
for the borrowers circumstances and is held financially liable if the advice is later shown to be defective. In other jurisdictions
the transaction undertaken by the broker may be limited to pointing the borrower in the direction of an appropriate lender
and no advice given.
Therefore, the work undertaken by the broker will depend on the depth of
their service and liabilities. Typically, the following tasks are undertaken:
- Assessment of the borrowers circumstances. This may include assessment of
credit history (normally obtained via a credit report) and affordability (verified by income documentation).
- Assessing the market to find a mortgage product that fits the clients needs.
- Applying for a lenders agreement in principle (pre-approval)
- Gathering all needed documents (paystubs/payslips, bank statements, etc.),
- Completing a lender application form.
- Explaining the legal disclosures.
- Submitting all material to the lender.
Who can we help?
Metropolis Mortgages are able to help a wide variety of clients with an array of different circumstances. Using specialist sourcing
software we are able to find a suitable product to fit most scenarios.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A broker fee of up to 1% of the loan will be charged on completion. The precise amount will depend on your circumstances
