sheneka@mortgagecorrect.co.uk
07552326804
07552326804
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What We Offer

At Mortgage Correct LTD, we aim to make the mortgage process clear and straightforward. Our Mortgage Calculator provides instant estimates based on the information you enter, helping you understand potential monthly payments and plan your next steps with greater confidence.

We offer access to a range of mortgage options from across the market. Our role is to explain your choices clearly, outline the features and risks of each product, and help you decide what may be suitable for your circumstances.

Whether you are buying your first home, expanding your property portfolio, or reviewing your current mortgage arrangements, we provide balanced guidance to support informed decision-making.

If you would like to explore your options in more detail, you can speak with Sheneka, a mortgage broker in Bromley, to discuss your individual needs and circumstances.

How Mortgage Correct LTD can help you

More Than a Mortgage Search

At Connect Experts, we help you explore mortgage and insurance options from a broad range of lenders and providers. Our role is to understand your circumstances and guide you through suitable options based on your needs and preferences.

We aim to make the process clear, informed, and straightforward from the outset.

Access to a Wide Range of Lenders

We work with a large panel of lenders and insurance providers. This may include high street banks, building societies, and specialist lenders.

  • Access to over 200 lenders and providers
  • Options beyond a single bank or direct lender
  • Consideration of specialist products where appropriate

Having access to multiple lenders allows us to compare products based on eligibility criteria, rates, fees, and features. The most suitable option will depend on your personal circumstances.

Not all lenders in the market are included, but we will explain the scope of our service before proceeding.

Support for a Range of Circumstances

Every applicant is different. Some clients have straightforward situations, while others require more tailored consideration.

We can help if you are:

  • Employed, self-employed, or a company director
  • Purchasing a buy-to-let property
  • Exploring commercial or semi-commercial finance
  • Looking for protection or general insurance

Where specialist lending may be required, we will assess suitable options and explain any additional criteria or risks.

Transparent Comparison, Informed Decisions

Our role is to present clear information so you can make a confident decision.

  • We compare interest rates, product fees, incentives, and overall cost
  • We explain fixed, tracker, and variable rate options
  • We outline early repayment charges and key conditions

Mortgage approval is always subject to lender criteria, affordability assessment, and status.

We do not guarantee lower rates or faster approvals. However, we aim to help you understand the options available to you and what may be achievable.

A Structured and Supportive Process

Applying for a mortgage involves documentation and lender checks. We help organise the process to reduce unnecessary delays.

  • Guidance on required documents
  • Communication with lenders during underwriting
  • Updates throughout the application process

Our focus is to ensure you understand each step before moving forward.

Why Speak to an Adviser?

Choosing a mortgage is a significant financial commitment. Taking advice can help you understand:

  • The total cost over the full term
  • The impact of interest rate changes
  • The suitability of a product for your long-term plans

If you would like to explore your options, you can find a mortgage adviser near you through Connect Experts and arrange an initial discussion.

Residential

What is a Residential Mortgage?

Find the Right Residential Mortgage, Even If You Have Been Declined

A residential mortgage is a loan used to buy a property you plan to live in. This could be your first home, your next move, or a remortgage of your current property.  Choosing the right mortgage is important. The interest rate, term, fees, and lender criteria can all affect your long-term costs. Lenders also assess affordability, income stability, credit history, and existing commitments before making a decision.

If you have been declined previously, it does not automatically mean you cannot obtain a mortgage. Each lender uses its own underwriting criteria and risk assessment process. An application that does not meet one lender’s requirements may be suitable for another.

Understanding your options can help you make an informed decision.

How a Mortgage Broker Can Support Your Application

When you apply directly to a single bank, you are assessed against that lender’s criteria only. A mortgage broker can review your circumstances and consider products from a range of lenders, including high street banks and specialist providers.

This may help you:

  • Explore lenders with criteria suited to your income type
  • Consider options if you are self-employed or have multiple income sources
  • Understand how credit history may affect your application
  • Compare rates, fees, and overall product costs
  • Navigate the documentation and application process

Access to a broad lender panel does not guarantee approval. However, it allows your circumstances to be assessed against a wider range of criteria.

Declined by One Lender?

A mortgage decline can happen for many reasons. These may include credit score, affordability calculations, employment history, or documentation issues. Different lenders apply different affordability models and credit scoring systems. Some may be more flexible depending on the circumstances. Reviewing the reason for the decline is often the first step in identifying suitable alternatives.

Before submitting another application, it can be helpful to:

  • Check your credit report
  • Confirm your income evidence is up to date
  • Review existing financial commitments
  • Understand how much you may realistically be able to borrow

Taking a structured approach may reduce the risk of further declines.

Finding a Mortgage That Suits Your Needs

When reviewing mortgage options, you may want to consider:

  • Whether a fixed or variable rate suits your plans
  • The total cost over the initial deal period
  • Early repayment charges
  • Flexibility for overpayments
  • Future changes in income or circumstances

A mortgage should be suitable not only for today, but also for the foreseeable future.

If you would like to explore your options, speaking with a qualified mortgage adviser can help you understand what may be available based on your individual circumstances.

What is a Commercial Mortgage?

A commercial mortgage is a loan used to purchase or refinance property for business purposes. This may include buying premises for your own company, investing in commercial property, or restructuring an existing loan.

Commercial lending can be more detailed than residential borrowing. Lenders will assess factors such as business performance, affordability, credit profile, deposit size, lease terms, and the type of property involved. Each lender applies its own criteria, which means outcomes can vary.

Understanding your options before applying can help you make a more informed decision. Mortgage Correct LTD works with a broad panel of lenders, including high street banks and specialist providers. This allows us to review a range of potential options based on your circumstances.

How We Support Your Commercial Mortgage Application

Applying through a broker is different from applying directly to a single lender. Instead of one set of criteria, your case can be assessed against multiple lending policies.

We can help you:

  • Compare commercial mortgage options from a wide panel of lenders
  • Understand lending criteria and documentation requirements
  • Explore options if your circumstances are complex
  • Navigate the application process from enquiry through to completion

We do not guarantee approval. All applications are subject to status, affordability, and lender assessment.

If You Have Been Declined

A decline from one lender does not automatically mean you cannot obtain a commercial mortgage. Different lenders have different risk appetites and policy approaches.  Where appropriate, we can review your circumstances and discuss whether alternative lenders may be suitable. In some cases, improving certain aspects of your application before reapplying may be advisable.

Clear guidance at this stage can help reduce unnecessary credit searches and protect your credit profile.

Choosing the Right Commercial Mortgage

When considering a commercial mortgage, it is important to assess:

  • The total cost of borrowing, not just the interest rate
  • Fees and valuation costs
  • Repayment structure and term length
  • Early repayment charges
  • How the mortgage supports your wider business goals

A suitable mortgage should align with your business cash flow and long-term plans.

Commercial

Protection

What is Protection

Protect What Matters Most – Your Family, Income and Business

Life can change unexpectedly. Illness, injury, loss of income, or death can place a significant financial strain on you and those who rely on you. The right protection arrangements can help reduce financial pressure at difficult times.

Many homeowners focus on securing a mortgage but give less thought to protecting their income or family. Without appropriate cover, an unexpected event could make it harder to manage mortgage payments, household bills, or ongoing business costs.

Taking time to understand your options can help you make informed decisions about financial protection.

Types of Protection Available

Different policies are designed to cover different risks. The most suitable option depends on your personal circumstances, financial commitments, and future plans.

  • Life Insurance: Provides a lump sum payment if you pass away during the policy term. This can help your family manage mortgage payments, household expenses, or future financial needs.
  • Critical Illness Cover: Pays a lump sum if you are diagnosed with a specified serious illness covered by the policy. This can provide financial support while you focus on recovery.
  • Income Protection: Provides regular payments if you are unable to work due to illness or injury. This can help cover essential living costs while you are off work.
  • Business Protection: Designed for business owners. It can help protect a company if a key person becomes seriously ill or dies, helping the business manage financial disruption.

Policy features, exclusions, and eligibility criteria vary between providers. It is important to review terms carefully.

Considering Protection Advice

Protection policies are not one-size-fits-all. The right level and type of cover depend on factors such as:

  • Your income and employment status
  • Your mortgage and financial commitments
  • Your dependants
  • Your health and medical history
  • Whether you own a business

An adviser can explain the available options, outline costs, and help you compare policies from different insurers. This allows you to decide what level of cover, if any, is appropriate for your needs. When arranging protection through an adviser, you should receive clear information about:

  • The scope of the advice provided
  • The insurers considered
  • Policy benefits and limitations
  • Total costs and ongoing premiums

This ensures you can make a fully informed decision.

Making an Informed Choice

Protection is designed to reduce financial uncertainty. It does not prevent unexpected events, but it may help lessen their financial impact.

If you are reviewing your mortgage, moving home, or reassessing your finances, it may be a good time to also consider whether your current protection arrangements remain suitable. Speaking to a qualified adviser can help you explore your options and decide what level of cover aligns with your circumstances and budget.

How to Use the Mortgage Correct LTD mortgage & Insurance Calculator

Select Your Calculation Type

Use the dropdown menu to choose one of the following options:

  • Residential Mortgage
  • Buy to Let Mortgage
  • Commercial Mortgage
  • Insurance

The calculator title will update automatically based on your selection.

Enter Your Details

Provide the required information in the relevant fields:

  • Loan Amount in pounds
  • Interest Rate as a percentage
  • Mortgage Term in years

If you select Buy-to-Let Mortgage, you will also need to enter:

  • Expected Rental Income in pounds

If you select Insurance, you will need to enter:

  • Insurance Cover Amount in pounds
  • Estimated Premium percentage

Please ensure the information entered is accurate, as results are based solely on the figures provided.

Click Calculate

Select the Calculate button once all fields are complete.

The calculator will produce an estimated result using the information you have entered.

View Your Results

Depending on your selection, you will see:

  • For Residential or Commercial Mortgages: an estimated monthly repayment
  • For Buy to Let Mortgages: an estimated monthly repayment and expected rental yield
  • For Insurance: an estimated annual premium

Important Information

The figures provided are estimates only. They are for general guidance and do not constitute financial advice.

Actual mortgage payments or insurance premiums may vary. They depend on lender criteria, underwriting assessment, and individual circumstances.

If you require personalised advice, you should speak to a qualified mortgage or insurance adviser who can assess your specific needs and circumstances.

 
 
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LEGAL DISCLAIMER

Mortgage Correct Limited is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 1027829. The FCA does not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies.

The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

Your property may be repossessed if you do not keep up repayments on your mortgage.

There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed.

Mortgage Correct Limited
Registered Address:
128 City Road
London
EC1V 2NX
Registered in England and Wales No: 16162064

Commission Disclosure

We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation.

Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary depending on the lender and product. The commission we receive does not affect what you pay under your credit agreement.

 It is our intention to provide you with a high level of customer service at all times. If there is an occasion when we do not meet these standards and you wish to register a complaint, please write to: Compliance Department;   
Compliance Department
Connect IFA Ltd
39 Station Lane
Hornchurch
RM12 6JL
Phone: 01708 676110
If unresolved, you may be entitled to refer your complaint to the Financial Ombudsman Service: www.financial-ombudsman.org.uk

Think carefully before securing other debts against your home. By consolidating your debts into a mortgage, you may be required to pay more over the entire term than with your existing debt.

The actual rate available will depend on your circumstances. Ask for a personalised illustration.

Mortgages Correct is an appointed representative of Connect IFA
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