Mortgage Broker Portsmouth

Has the mortgage market got your head in a twist?
Get a FREE mortgage consultation with our 100% impartial Mortgage Advisor, with access to the whole of the mortgage market to get you the best mortgage rates. Remote meetings available within 3 working days**

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Mortgage Loan and House Keys - SAM Conveyancing's Mortgage Broker Consultations

Our mortgage brokers are independent of any lender and offer a full spectrum of straight talking, expert financial advice. Perfectly positioned to help you with your mortgage requirements.

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Icon showing England and Wales. Our mortgage advisors have access to the whole of the mortgage market.
Access to the Whole Market
Icon showing cash (3) slashed through. SAM's mortgage advisers offer a free initial consultation
FREE* consultations
for Portsmouth
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Convenient
Remote Appointments
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Impartial Mortgage Advice
Rosette reads 'Top 100'. SAM's Mortgage Broker Portsmouth was selected in Financial Times' Top 100 Financial Advisers 2022
FT Top 100 Mortgage
Advisors 2022

Why choose Mortgage Brokers with SAM Conveyancing?

Whether you are making a purchase or remortgaging a property, using an impartial mortgage advisor saves you from being pressured by any specific lender, so you can choose the best deal available from the whole market.

We can offer you a free* initial consultation with our independent mortgage brokers at Advies. They search across the whole market to provide the best mortgage rates that match your needs and circumstances, with access to exclusive rates that can beat the high street lenders.


Advies Top 100 Financial Advisers
We are delighted to announce that Advies have been recognised by the Financial Times as being one of the FT Adviser UK Top 100 Financial Advisers 2022.

Our mortgage advisors attain the strictest Financial Conduct Authority standards, to ensure honest, competitive and fair services, to you.

Bank of England Base Rate
 
3.75%
 

Changed from 4% on the

17th December 2025

.

Average Fixed Rate

5.37%
 
Based on a 2 year fixed deal with 90% LTV.
How to get a mortgage in Portsmouth

Property prices in Portsmouth vary more or less, depending on area. The average price in Hilsea for leasehold flats is £147,567, whereas in Farlington it is £189,000.

Location
10% Deposit
What would your salary need to be?
(estimated based on 4.5 times salary)
Hilsea
£14,756
£29,513 or £14,756 per salary with a joint purchase
Farlington
£18,900
£37,800 or £18,900 per salary with a joint purchase

The rate of your mortgage will affect your affordability assessment. Use our calculator to see how the current rate will affect your monthly payments.

Mortgage Calculator

Our Mortgage Broker Guide to getting a mortgage in Portsmouth

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

  • 1Approval/Decision in Principal (AIP/DIP)
  • 2Mortgage in Principal (MIP)
  • 3Mortgage Valuation
  • 4Mortgage Offer

A lightbulb icon: Mortgage Broker Portsmouth Tip 1
#1 Top Tip

Don't hold and max out just one credit card

If you're close to maxing out the credit on the only credit card you hold, you'll be less able to respond, e.g., to an emergency – you might suddenly, for example, need to pay a mechanic to fix your car. This is a good reason to hold at least one other unused credit card.

You may also protect your credit score better: people who max out a single credit card are often regarded as being more likely to miss future repayments.

A lightbulb icon with '£' sign in it: SAM's Mortgage Broker Portsmouth Top Tip 2
#2 Top Tip

Current Account Mortgage

Current account mortgages are a version of offset mortgage where your current account and mortgage are converted to one account. The idea is that when you get paid, the credit reduces your mortgage sum, so mortgage repayments become cheaper, however the more of your pay you use, the more that the repayments rise to 'normal' levels.

The more your account is in credit, the more capital you'll pay off. You can't normally access discounted rates with this kind of mortgage.

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.


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Frequently Asked Questions: Mortgage Brokers Portsmouth


The role of a mortgage broker is to take your information and compare multiple deals from different lenders, based on your specific details, to find you the best option.

The benefit of using a mortgage broker is having one expert doing the research and comparison for you, rather than dealing with multiple lenders who all want to sell you their own products. Our independent Portsmouth mortgage brokers have access to better deals than the general public and can negotiate on your behalf.
Unless you have already found a mortgage product and aren't really interested in finding a better deal, it is always worth using a mortgage broker, and when your initial consultation is free with SAM Conveyancing, what have you got to lose?
Some homeowners want the convenience of borrowing with the same lender that they currently bank with. Even then, it is often worth going through a broker anyway, as they may be able to get you an exclusive offer from that very same bank that you won't have access to.
Most mortgage brokers make their money in a flat fee or a commission, which is paid to them by the lender. Some brokers charge a fee to the borrower which is normally payable as a flat fee, or it can be financed with the mortgage.
You'll need a mortgage approval in principle in order to budget, so you should get a mortgage broker before you start looking for houses and certainly before you make an offer on one. In fact, some people speak to a mortgage broker as soon as they decide to get serious about buying a home.
There's no need to meet a mortgage broker face to face. Our hand-selected mortgage experts offer convenient remote meetings by phone, for award-winning, national coverage.
A mortgage broker will be quicker purely based on their greater experience. They will be able to check your application to make sure it's not rejected for commonplace mistakes and they can steer you away from wasting your time applying for mortgage products or to lenders who are likely to turn you down.
*The free mortgage consultation allows you to discuss your mortgage opportunities with one of our panel of FCA-regulated mortgage brokers. If you want to proceed, some mortgage products require a payment to the broker. You can disengage your Mortgage Broker before making a formal application, and no fee will be charged. SAM Conveyancing doesn't provide regulated mortgage advice.
**Subject to availability. If we are fully booked ask and we will see if we can fit you in sooner.
 

Mortgage Broker Portsmouth - Recently Completed

  • Moortown Avenue, Portsmouth, Hampshire, PO6 1EP
  • Solent Road, Portsmouth, Hampshire, PO6 1HH
  • Pink Ridge, Bedhampton, Havant, Hampshire, PO9 3LT
  • Valiant Gardens, Hilsea, Portsmouth, PO2 9NZ
  • Truro Road, Portsmouth, Hampshire, PO6 4NP


Watch our video to find out how to organise your mortgage and funding for your purchase.

Use our online mortgage payment/repayment calculator (UK).

 
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