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 Newham
Mortgage Brokers Newham 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 Newham
The London Borough of Newham is a London Borough that was formerly part of the county of Essex. It is situated just 5 miles east of Central London.
The University of East London has the Stratford Campus and the Docklands Campus within Newham. There are also ten libraries within the district including Beckton, Manor Park and North Woolwich. The museum in the district is the Three Mills, which was a trading site for roughly a thousand years.
There are a few theatres in the district including Stratford Circus Arts Centre, the Theatre Royal Stratford East and St Mark’s Church that is now the home of Brick Lane Music Hall.
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?
Variable Rate Mortgage
This is one of the two main types of mortgage – the other being fixed rate mortgages. It is the interest rate that varies with this type of mortgage and it varies unpredictably.
This means this type of mortgage is a risk. The initial interest rate is likely to be lower than it would be for a fixed rate mortgage, however it can increase after a period of time.
Help to Buy
The Help to Buy equity loan scheme allows you to pay a 5% deposit, get a 20% equity loan, and then a Help to Buy mortgage of 75%. For the first five years, the equity loan has no interest on it, but after the five years it develops an interest rate of 1.75%.
The property you use your Help to Buy Mortgage on has to be a new build house. In London the equity loan is 40% which means you get a Help to Buy Mortgage of 55% rather than 75%.
Click on Help to Buy Mortgages to find out more
E13 8RY
Property Price Stats for Newham
| Average property price in Newham | £413,155 |
| % Change compared to last year | 4% |
| Population of Newham | 341,000 (2016) |
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 Newham
- Prince Regent Ln, London E13 8RY
- Romford Rd, London E12 5AD
- Barking Rd, London E16 1HF
- Pier Rd, London E16 2LH
- Terrace Rd, Plaistow, London E13 0PB
Local High Street Banks in Newham
Find a mortgage lender near you:
Our mortgage broker specialises in the local area and have completed house surveys in Isle of Dogs, Barking, Ilford, Woolwich, Leyton, Walthamstow and Dagenham.
- NatWest - Gredley House, 1-11 Broadway, London E15 4BQ
- Barclays Bank - Barking Rd, London E13 9PL
- Nationwide - Westfield Ave, Stratford City, London E20 1EN
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
One thing you can do for fast conveyancing in Newham is to opt for Monday as your completion date, when you get your keys and move into your new place.
Understandably, Fridays are the most popular days for completions - people then have the whole weekend to make their new place as shipshape as possible before going back to work on Monday. The trouble is, there's a fair chance that your conveyancing solicitor may well have other completions to do on Fridays and will be very busy already.
Therefore if you decide to opt for a Monday for completion - or indeed, just not a Friday! - your solicitor is more likely to be less busy and therefore more able to 'pull out all the stops' to help you to complete quickly, making sure all the transfers are carried out and so on.
So for a fast conveyancing move think about completing Monday to Thursday!
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.