Please note that as a result of unprecedented levels of activity in our Property Department we have been obliged to second our mortgage staff to assist in the Anti-Money Laundering Department and so our Mortgage Department is temporarily closed for new business. If you require assistance with a mortgage, however, please contact us by phone or email and we will be happy to refer you for Independent mortgage advice to a mortgage expert who subscribes to the same levels of professionalism and dedication to client service as ourselves.

Neilsons offer expert in-house mortgage advice with fully qualified Mortgage Advisors who can see your mortgage application through to completion, liaising directly with your in-house Solicitor as your purchase transaction progresses.

It is easy to get confused at all the technical jargon and mortgage products available. That’s where we can help. Our Mortgage Advisors are able to guide you through the mortgage maze and find the right mortgage for you, based on your personal circumstances.

What makes Neilsons different from most of our competitors is that we have in-house Mortgage Advisors who are ready to guide you through the process, liaising closely with your in-house Solicitor as the transaction progresses.

We do not charge our clients for organising your mortgage through Neilsons if you are purchasing a property through Neilsons. If however you are proposing to arrange your mortgage finance through an independent mortgage broker or directly with the mortgage lender there is no problem and we will be able to work with them to co-ordinate the funding. Neilsons are on the approved panel of nearly all mortgage lenders in the UK.


Mortgage Appointment with Adviser

Free Mortgage Appointment

Let us help find you the right mortgage. Arrange a free appointment with Sheila Batten today.

During our meeting, we will have a confidential review and assessment of your personal circumstances and we will help you choose from hundreds of mortgages available from a variety of different lenders. We are not biased towards any lender.


Planning your budget

Planning Your Budget For Your Purchase

It is imperative that you understand at the outset all the costs that you are likely to
encounter in relation to your transaction to budget efficiently.

If you are lucky enough to be a ‘cash buyer’ then you will not need a loan to cover the cost of the purchase upfront. The majority of purchasers however will require a mortgage to pay off the purchase price over a longer, affordable period of time.

The mortgage secures the property for the purchaser and the purchaser pays off the mortgage over a set time frame (usually between 25 and 35 years). A mortgage will include interest, which is how the lender makes money from the transaction. The benefit to you – the purchaser – is that a mortgage makes purchasing affordable by paying off the loan each month.

The Mortgage landscape has changed beyond recognition and lending criteria varies from lender to lender. That is why it’s never been so important to take advice.

The market can often change daily and that’s why it makes sense to talk to professionals who have their finger on the pulse with detailed knowledge of a wide range of lending criteria. It is matching this criteria to your personal circumstances which will ultimately determine the lender and product for you.


You will also need to save for a deposit for the mortgage. In the current market, you will need a deposit of at least 5% of a property’s value to obtain a mortgage. The lender would then lend you the remaining 95% of a property’s value. 5% is the minimum, but you can save as much as you like for a deposit and the mortgage deal offered to you will depend on how much of a deposit you have.