Mortgage broker · Reigate & Banstead, Surrey
Mortgage Broker in Banstead
Buying or remortgaging in Banstead, Nork or Burgh Heath? Ria Ali at PMS Mortgages offers mortgage and protection advice for Banstead clients from our Croydon office, by phone or by Zoom.
- Advice led by Ria Ali
- No-obligation consultation
- Office, phone or Zoom appointments
Banstead mortgages for directors and larger purchases
Your home may be repossessed if you do not keep up repayments on your mortgage.
A larger purchase needs a clear view of your deposit, household spending and how your income is paid. Company directors may have salary, dividends and retained profits, but lenders do not all assess these in the same way. We start with the evidence rather than a headline income multiple.
If you are considering interest-only borrowing, explain how you intend to repay the capital at the end of the term. Your repayment strategy and the lender’s eligibility requirements need to be assessed alongside affordability. A lower monthly payment does not remove the debt.
What to prepare before your mortgage review
Bring company accounts, tax documents and a breakdown of salary and dividends.
Confirm the deposit source, existing mortgage balance and any early repayment charge.
For interest-only, provide evidence of the proposed repayment strategy.
Speak to Ria Ali, Principal Mortgage & Protection Adviser, about your plans. Explore larger residential loans and interest-only mortgages. Mortgage options depend on your circumstances, the property and the lender’s assessment.
How we help in Banstead
Larger loans
Assess the borrowing against your income, deposit and household budget.
Interest only
Understand the capital repayment plan and the lender’s eligibility requirements.
Directors & self-employed
Review salary, dividends and company accounts against lender criteria.
Protection
Discuss cover around your mortgage, dependants and existing benefits.
Services for Banstead clients
Areas near Banstead we cover
As well as Banstead, we regularly advise clients in:
Nork
Burgh Heath
Tadworth
Epsom Downs
Cheam
Chipstead
Meetings are available at our office at Airport House, Purley Way, Croydon, at your home, or over Zoom. Get in touch to arrange a time.
Banstead mortgage questions
Some lenders may consider company profits as part of a director’s income, while others use salary and dividends. The trading history, ownership and accounts matter. We can review the evidence and relevant criteria; retained profits do not guarantee extra borrowing.
It may be an option for eligible borrowers with an acceptable repayment strategy. Criteria differ, and the capital remains outstanding at the end of the term. We will discuss the risks and alternatives before you proceed.
We may charge a broker fee for mortgage advice depending on your circumstances. A typical fixed fee is £479, payable on offer, and the fee is always confirmed before you proceed. Your first conversation with us is without obligation.
Speak to a mortgage adviser about Banstead
Book a no-obligation consultation in person or by Zoom.