FREE Online Conveyancing Process for Buyers
Includes online checklists, videos, downloads and tips - plus it is completely free to use from start to finish and saves your progress along the way.
Whole Market Access
Our mortgage broker has access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.
FREE mortgage consultations for Ilford
Mortgage Brokers Ilford offering free first consultation (terms apply).
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
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 Ilford
Ilford is a large town located around 9 miles north-east of the centre of London. It is a large retail, commercial and residential area. It is the main town of London's Redbridge Borough. Ilford is made up from wards including Clementswood, Loxford, Goodmayes, Newbury, Mayfield, Seven Kings, Barkingside, Clayhall, Fullwell, Fairlop, Cranbrook and Valentines.
A great nearby diversion is Valentines Mansion & Gardens - a well-appointed house built in the late 17th century with beautiful gardens and grounds - which also has an aviary and a cafe. The Hospital Chapel of St Mary & St Thomas, on Ilford Hill, parts of which were built in the 12th century, is well worth a visit; it's small but contains many interesting monuments and work from master craftsmen.
A great nearby diversion is Valentines Mansion & Gardens - a well-appointed house built in the late 17th century with beautiful gardens and grounds - which also has an aviary and a cafe. The Hospital Chapel of St Mary & St Thomas, on Ilford Hill, parts of which were built in the 12th century, is well worth a visit; it's small but contains many interesting monuments and work from master craftsmen.
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?
Don't repeat past mistakes
Make sure you service any new lines of credit you take up correctly by ensuring that you make the correct repayments on time and by not overextending yourself, primarily. These actions will boost your credit score in the longer term.
Over time, your credit score will improve and any past mistakes you've made will have a decreasing impact.
Endowment Mortgage
Endowment mortgages refer to types of mortgage products associated with interest-only mortgages and so are therefore only open to non-residential customers at this time. Your repayments are made purely to pay for the interest levied with an interest-only mortgage. To pay off the capital, you need another investment vehicle and an endowment mortgage is one such approach to paying off the capital at the end of the mortgage.
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You make regular payments into an endowment, which is itself an investment fund, during the lifetime of the mortgage with the hope and expectation that the fund will grow large enough to cover the capital at the time of the mortgage expiring. Endowment funds always force you to take out life cover so the capital is covered in the event of your death.
There is no guarantee, however, that the endowment fund will actually cover the mortgage's capital when the mortgage expires, leaving a significant shortfall. This is because investment funds can of course decrease in size as well as increase, there is no absolute surety of success. This result was sometimes observed when residential clients used to be able to take out endowment mortgages and is one of the reasons why interest-only mortgages are no longer accessible to residential customers.
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Property Price Stats for Ilford
| Average property price in Ilford | £351,148 |
| % Change compared to last year | 14% |
| Population of Ilford | 168,168 (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 >>
RECENTLY COMPLETED MOVES IN Ilford
- 81 Marlands Road, Ilford, Essex, IG5 0JJ
- 93 Craven Gardens, Ilford, Essex, IG6 1PW
- 8 St Helens Road, Gants Hill, Ilford, Essex, IG1 3QJ
- 85 Gordon Road, Ilford IG1 1SJ
- 9 Tryfan Close, Ilford, Essex, IG4 5JX
Local High Street Banks in Ilford
Find a mortgage lender near you:
Our mortgage broker specialises in the local area and have completed house surveys in Barking, Stratford, Redbridge, Wanstead, Leytonstone, Whitton and Manor Park.
- Lloyds Bank Plc - 102 - 104 High Rd, Ilford IG1 1DS
- HSBC Bank Plc - 126 High Rd, Ilford IG1 1DA
- Lloyds Bank Plc - 377 Eastern Ave, Ilford IG2 6LW
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
Information about Mortgages
Watch our video to find out how to organise your mortgage and funding for your purchase.
Click to access our online mortgage payment/repayment calculator (UK).
Mortgage Broker Tips for the Conveyancing Process
Buying a home? Consider instructing a solicitor before anything else!
When you're looking to buy a home, it's a given that you'll be using a conveyancing solicitor (unless you're willing to risk a vast sum of money without the benefit of legal protection and expertise!).
Because the solicitor has to set up a file for you and you have to fill out forms and prove your ID/source of funds etc., the sooner you can do this, the more time you can save.
You do not have to have even picked out a property and made an offer at this stage! Ideally, you'll have applied for a mortgage and received a mortgage in principle, so you'll be in a position to look for houses within your budget range.
Matters like booking your mortgage valuation, booking a survey and getting searches can only occur once you've had an offer accepted, however instructing a solicitor is not dependent on this.
One advantage of this approach is that when it comes to putting in offers to vendors, telling them that you've already instructed your solicitor shows them that you're 'ready to go' and likely to be on the ball regarding the progress of any sale and a faster completion.
*Fixed Fee – No Sale No Fee – On all Major Lender Panels
Copyright 2014-19. All Rights Reserved.
SAM Conveyancing is a trading name of Share a Mortgage Ltd registration No. 08798475. We are an Introducer Approved Representative with the Financial Conduct Authority registration No. 618350. SAM Conveyancing complies with the Solicitors' Code of Conduct 2011 published by the Solicitors Regulation Authority (SRA). Your home may be repossessed if you do not keep up repayments on your mortgage.