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

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

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

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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

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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 Ely


Ely is a city in Cambridgeshire with a beautiful cathedral, around 80 miles from London. There are many listed buildings in the city and local attractions include St Mary's Vicarage (or 'Cromwell House' to locals), the Lamb Hotel and Roswell Pits, a picturesque wildlife reserve area which developed out of old clay - or gault - pits. Two of the pits are fishable for those who like angling.

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 

Don't take up more than half of the credit available to you

As a general rule, you should not take up more than half the credit available to you on, say, a credit card because it will negatively impact your credit score.

When you take up more than 50% of the credit offered to you, lenders start to view you as overextended and therefore more likely to default on a debt repayment or to make a payment late in future. They therefore downgrade your credit score accordingly, making any future potential borrowing more expensive or worse, any future applications for credit less likely to be successful.
Top Mortgage Lenders 
Help to Buy Mortgage
A Help to Buy mortgage is required to cover the rest of the purchase price of a New Build you're looking to buy within the scheme which involves you having to produce a minimum 5% deposit and for which the Government provides an equity loan (repayable) of up to 20% (up to 40% for London Help to Buy) of the purchase price of the property.

The Help to Buy mortgage you require is therefore likely to be for a maximum loan to value (LTV) of 75% (55% for London Help to Buy) of the purchase price of the property. This is a lower LTV ratio than for standard mortgages, leaving you less exposed.

Click to find out more about Help to Buy Mortgages
CB6 1AQ

Property Price Stats for Ely


Average property price in Ely £279,322
% Change compared to last year 8%
Population of Ely 20,256 (2011)


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 Ely

  • 41 Downham Rd, Ely, CB6 1AQ
  • 4 Vineyard Way, Ely, CB7 4QQ
  • 42 Prickwillow Road, Ely, Cambridgeshire, CB7 4QT
  • 19 Bellairs, Sutton, Ely, CB6 2RW
  • 19 Sutton Road, Witchford, Ely, Cambridgeshire, CB6 2HX

Local High Street Banks in Ely

Find a mortgage lender near you:
Some branches may have closed down - Call 0333 344 3234 for a Mortgage Broker covering Ely

  • Lloyds - Minster Pl, Ely CB7 4EN
  • HSBC - 5 Butter Market, Ely, Cambridgeshire CB7 4PA
  • Barclays - 28 High St, Ely CB7 4FS

Book a Free Mortgage Broker Consultation
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Mortgage Broker Tips for the Conveyancing Process

Instructing a solicitor even before your offer has been accepted can hugely speed up the conveyancing process.

By instructing a solicitor as early as possible, you have already made a headstart into working towards completion. 

By the time your offer on a Ely property has been accepted, your solicitor can have your documents in place, have conducted all financial checks and online ID that must be carried out and the seller will see how intent you are on completing in good time.

The process will be as smooth as possible and your organisation could increase your chance quick completion.

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