calc.png

Use our
Mortgage Calculator

fca-FDaDNu.png


All our panel mortgage brokers are registered with and regulated by the Financial Conduct Authority.

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

See our Terms & Conditions here

new-conveyancing-process.png

FREE Online Conveyancing Process for Buyers

Includes online checklists, videos, downloads and tips - plus it is free to use and remembers your progress.

 
Already have an account? Click here to log in
Find a Home Mortgage

Whole Market Access

You'll have access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.

Best Mortgage Advisors

FREE mortgage consultations &
Exclusive mortgage rates

Our mortgage consultants can access exclusive mortgage lending rates which are not available to you when applying direct (terms apply).

Access Mortgage Providers Quickly

Fast mortgage appointments

With no need for face to face meetings you'll be called on the same day by one of our mortgage specialist brokers to discuss your circumstances and can support complex applications for Help to Buy, Right to Buy and Shared Ownership mortgages

Independent Mortgage Broker

Impartial Mortgage Advice

You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.

How to get a mortgage - or remortgage - in East London


East London is part of London and includes the boroughs of Barking and Dagenham, Bexley, Greenwich, Hackney, Havering, Havering, Lewisham, Newham, Redbridge, Tower Hamlets and Waltham Forest.

It contains the 'East End' which consists of areas which are closer to the City of London. It has two counties on its borders, Essex and Hertfordshire. It is bounded by the River Thames to the south.

The East End has seen many transitions in its population and has been the main first place of settlement for many immigrants, including the Hugenots in the 17th century, East European Jews at the end of the 19th century and Bangladeshis and many other people from the Indian subcontinent in more recent years. It was once the headquarters of the Suffragette movement.

It contains a university, the University of East London, the Olympic Stadium of London's 2014 games, football teams such as West Ham United and a huge shopping mall in Stratford - Westfield Stratford.

The mortgage application process has 4 stages regardless of which mortgage lender you use:

  • Approval in principal (AIP)
  • Mortgage in principal (MIP)
  • Mortgage valuation
  • Mortgage Offer

Read about the full mortgage process here - What is the mortgage process?

Mortgage Broker Tip 

Be wary of 'quick fix' credit improvement organisations

Some companies offer to fix your credit score in little or no time. You should be extremely suspicious of spending any money on these as the hard truth is that a credit score cannot normally be fixed quickly.

Anything that one of these companies claim to be able to do you can do yourself. If there's a mistake on your report, you yourself can work to fix it by communicating with the agency with appropriate evidence. You don't have to pay a company a fortune to do it for you. And if you've got credit problems, these can be fixed, by you, over time.
Top Mortgage Lenders 

Fixed Rate Mortgage

A fixed rate mortgage is one where the interest charged on your monthly repayments is fixed for a particular set period; 2, 3, 5 and 10 years are the most common. You benefit by knowing exactly how much money you'll have to have put aside each month without having to worry about what is happening in the capital markets and whether the Bank of England base rate will rise (thus making your repayments more expensive).

When the set period comes to an end, your mortgage then becomes subject to the bank's standard variable rate (SVR) which means that it then moves in line with an index, which is most commonly the Bank of England's interest rate, referred to above. You can then opt either to stay on the SVR or to take out a new fixed rate mortgage, either with the same provider or with a new one.

Interest rates charged on fixed rate mortgages are often initially higher than for those chargeable under the SVR, however the repayment sum cannot rise higher meaning there's more peace of mind. You should be wary, however, of leaving a fixed rate mortgage before the fixed period has finished, because you'll normally have to pay a hefty early repayment charge to do so.
E3 4TU

Property Price Stats for East London


Average property price in East London £401,398
% Change compared to last year 11%
Population of East London 2,000,000


The property price data is sourced from the Land Registry's UK House Price Index and you can view up to date property prices by clicking - Land Registry House Price Index >> Land-Registry

RECENTLY COMPLETED MOVES IN East London

  • 8+9 Empson Street Studios, Unit 1, 1 Empson Street, London, E3 3LT
  • 31 Alderney Road, Mile End, London, E1 4EG
  • 53 Dore Avenue, Barking London E12 6JT, UK
  • 48 Churston Avenue, Upton Park, London E13 0RH
  • 101 Granite Apartments, 39 Windmill Lane, Maryland, London, E15 1PZ

Local High Street Banks in East London

Find a mortgage lender near you:
Some branches may have closed down - Call 0207 112 5388 for a Mortgage Broker covering East London

  • Natwest Plc - 37 High St N, East Ham, London E6 1HS
  • HSBC - 118 High St N, London E6 2HX
  • Nationwide Building Society - 222-224 High St N, East Ham, London E6 2JA

Book a Free Mortgage Broker Consultation
Access to the whole of the mortgage market
Appointments available today
Get a mortgage quote tailored to your own requirements
Best first time buyer mortgage brokers

Mortgage Broker Tips for the Conveyancing Process

Getting financial help towards your deposit from a family member?

To save yourself delays in the conveyancing process further down the line:

1 The family member must decide whether it's a gift or a loan.
2 If it's a gift, you must ensure that the person gifting fills out a gifted deposit letter with the correct information.

The correct information must be set down and the letter must be signed by witnesses. The giver will also have to provide ID and proof of funds. If the giver isn't a family member, you must tell your mortgage lender as this can sometimes cause issues.

For further information about these matters, including a useful template, please click on Gifted Deposit Letter

Click to get your FREE Fixed Fee Conveyancing Solicitors Quote
*Fixed Fee – No Sale No Fee – On all Major Lender Panels