Searchlight Mortgages

Mortgage Broker in Swansea, Swansea · More mortgage brokers in Swansea SA3 4PH

Get a quote Call 07725 666127

About the Business

My name is Lewis Davies and I am the owner of Searchlight Mortgages. I set this company up following over 20 years of corporate life in the financial services industry where I specialised in the mortgage lending business area. My career saw me progress from trainee manager to area manager covering half of the UK.

I have seen many changes in the mortgage market over the years and firmly believe that proper advice is more important in the current climate than it ever has been. Lenders vary and many of them have differing opinions on how current regulation is interpreted, this makes choosing the right provider more difficult than ever not just for the interest rate charged but also for the lender who will be best suited to your circumstances.

Every client interview that we undertake will include a full assessment of your circumstances and a full recommendation on all relevant products and policies. This will be documented and compliant in every way. We have, at our disposal, technology which will help pinpoint the best deal, lender and insurance provider for your individual circumstances.

Services covered

First-Time Buyer Mortgages Remortgaging Services Buy-to-Let Mortgages Self-Employed Mortgage Advice Bad Credit Mortgages Homeowner Refinance Equity Release Advice Commercial Mortgages Help to Buy Schemes Shared Ownership Mortgages Government-Backed Mortgages Fixed Rate Mortgages Variable Rate Mortgages Offset Mortgages Lifetime Mortgages

Business Services

Protection

Nobody likes to dwell on the unpleasant scenarios, however, it is a comfort to know that you have planned for them and have arranged suitable protection against the financial consequences. If you think about it owning your own home is the result of a lot of hard work from saving for a deposit to improving and decorating to your taste, this really is something worth protecting.

The type of protection under review will be life, critical illness, family income and home insurance. As with your mortgage advice we will thoroughly assess you current provisions and, where appropriate, make a recommendation. You are under no obligation other than to consider carefully.

Self-Build

Building your own home can be very satisfying as well as being able to specify to your own requirements. Searchlight Mortgages proprietor, Lewis Davies, has become an expert in this field with a career spanning over 20 years in financial services. This is partly due to the fact that being based in South Wales has meant that there is plenty of land around for self builders to use and that the Welsh are pretty adventurous when it comes to building their own homes.

Due diligence is important for any mortgage application and never more so than when considering a self build. In addition to the thorough assessment discussed in other sections there is also the timing and amount of stage payments to take into consideration, detailed planning up front can save a lot of heartache later on into the build.

Re-Mortgage

Your current mortgage deal may have come to an end or you need to raise some capital, maybe even both. We often hear about the dilemma of whether to move or improve and a capital raising remortgage can be a suitable way to finance your home improvements should you decide to stay where you are and improve your existing property.

Remortgaging can potentially save you money by applying a lower interest rate to your mortgage, this can be done by staying with your current lender or moving to a new one. It is also an excellent opportunity to review your mortgage term and/or your repayment method. Either way it will be worth talking to us where we will, again, thoroughly review your circumstances and current mortgage and insurance products to ensure that you are given the very best advice.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your lender if you remortgage.

Mortgage

There are so many lenders operating in the UK that it can be a minefield to find your way around them all and what they have to offer, this has been further complicated by recent regulation which has meant that lenders need to be more provident in their approach to lending criteria. This does not mean that difficult cases are impossible to place but serves as a reminder that experienced and impartial advice is more important than ever before.

For you, the consumer, this means that there are a bewildering number of mortgage products available from lenders who have differing criteria to apply to applicants such as yourself.

At Searchlight Mortgages we will always fully assess your personal circumstances and, following thorough research, recommend the most suitable mortgage and protection products to you. As an unbiased mortgage broker we have access to the whole of the UK mortgage market and have the technology to search for your perfect mortgage and related insurance products.