Mortgage Brokers in Penarth

"Whole of market" mortgage brokerage

At Mortgage Search Go, we offer impartial mortgage advice from the whole market (unlike your local bank or building society), which means that we can find the most suitable mortgage for you from the hundreds that are out there, and what’s more, we’ll explain in writing why we’ve recommended a particular product to you.

We can arrange the following mortgages for you:

- Residential purchases and re-mortgages

- Buy to let purchases and re-mortgages*

- Shared Ownership

- First time buyer

- Semi-commercial*

- Unusually constructed properties

- Debt consolidation re-mortgages

- Let to Buy

* These mortgage types are not regulated by the Financial Services Authority.

All our advisers are fully qualified, and will research the market for you and handle all of the associated paperwork. We’ll liaise with lenders, solicitors, valuers (and anyone else involved) to make sure everything runs smoothly.

And we’ll keep you updated by phone, email, or by post, whichever you prefer.

Why walk up and down the High Street to find the right deal, when we can do all the work for you?

A secured loan is a loan that is secured against a property that is already mortgaged.

The benefits of a secured loan:

- More generous income criteria, as it is based on an affordability calculation

- Most legal purposes accepted as purpose of loan

- First mortgage can be left in unaffected i.e. you keep your existing mortgage rate

- All costs e.g. valuation and existing lenders reference are covered by us

- Quicker completion time

- Terms between 5-30 yrs

- More flexible criteria

- Advances from £5,000

Redemption only 1 months Interest (plus payment of current month)

We can arrange the following insurances for your protection.


Buildings insurance


If you are mortgaging a freehold property, it is your responsibility to arrange the insurance of the building. The property is the lenders security so insurance is compulsory. 


Contents insurance


This type of insurance is not compulsory, but it is advisable to take out contents insurance in order to protect your personal possessions.


Life insurance


When you take out a mortgage, it makes sense to arrange life cover in order to pay the mortgage off in the event of your death.

The two most common forms of cover are:


Level term assurance (LTA)
This type of cover simply provides an agreed level of cover for a set period. When that period (usually the mortgage term) comes to an end, so does the policy and the life cover ceases.

This type of policy is commonly used to cover interest only mortgages, where the amount owing remains unchanged throughout the term. The policy has no surrender value once it has ended.


Decreasing term assurance (DTA)
Instead of the life cover remaining at the same level, it decreases over the term of the policy, so it is generally used alongside capital and interest mortgages, where the amount owing also reduces over the term of the mortgage. 


Mortgage payment protection insurance (MPPI)

This covers your mortgage payments in the event of you being unable to work due to accident, sickness, or unemployment. You can take out just unemployment insurance e.g. your employer may provide you with accident and sickness cover.


Critical illness insurance


This cover pays out upon the diagnosis of certain critical illnesses. Most policies will pay out following heart disease, a stroke, renal failure, cancer, paralysis, or a major organ transplant and coronary artery bypass surgery.


Income protection


You can protect against losing your income through disability, no matter how it is caused, with Income Protection Insurance (sometimes also referred to as Permanent Health Insurance). The policy will provide an income if you are unable to work through disability, no matter how it is caused. The policy pays a monthly tax-free income for a set length of time - normally until retirement. 


It is important that you disclose all material facts when making an application, such as any pre-existing medical conditions. Failure to provide such information is likely to invalidate any claim on the policy. Please take the time to read the Key Features Document for exclusions, limitations and eligibility criteria of the cover. Certain restrictions may apply as to the amount of cover you can choose dependent on the individual insurers policy restrictions. 


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