What services do Oundle and Stamford Mortgages provide?

We offer a range of mortgage and insurance services, including first-time buyer mortgages, home movers, mortgaging, buy-to-let, later life lending and specialist mortgages. We also provide critical illness cover, income protection, life insurance and buildings and contents insurance. 

Are you independent mortgage advisors?

Whilst we’re not classified as ‘independent’ under regulatory definitions, we do have access to a wide range of lenders across the market. That means we can find and recommend the most suitable mortgage products that are right for your individual circumstances.

How long does the mortgage application process take?

The time frame varies depending on the lender and complexity of your case.

Do you charge fees for your services?

No. All meetings and appointments are free of charge. There may be a fee for arranging a mortgage and the precise amount will depend on your circumstances. This will typically be £699, payable in two parts: £349.50 at the research and Agreement in Principle stage, and £349.50 on application. All of our insurance services are free of charge.

Can I get a mortgage with bad credit?

Yes, there are lenders who specialise in mortgages for those with adverse credit. We’ll help you explore your options.

What mortgage documents do I need to bring?

To apply for a mortgage, you’ll typically need documents such as proof of identity (passport or driver’s licence), proof of income (payslips or tax returns if self-employed), bank statements, and details of your expenses. We’ll provide a full list based on your circumstances.

Can I transfer my existing mortgage to a new property?

Many mortgages are transferable (also know as portable), but it depends on your lender and specific terms. We can guide you through this process.

What is the difference between buildings and contents insurance? 

Buildings insurance covers the structure of your home, while contents insurance protects your belongings. We can help you find combined or separate policies to suit your needs. 

Can I get life insurance if I have a pre-existing medical condition? 

Yes, many insurers offer policies for those with pre-existing conditions. We’ll work to find the right cover for your circumstances.

Do I need income protection if I’m self-employed? 

Income protection is particularly important for employed and self-employed individuals who don’t have sick pay benefits. It provides financial security if you’re unable to work due to illness or injury.

What is equity release?

Equity release allows homeowners aged 55 and over to unlock the value of their property without selling it, either as a lump sum or regular payments.

Are there alternatives to equity release?

Yes, options such as retirement interest-only (RIO) mortgages or downsizing may be worth considering. We’ll help you explore what works best for you. 

Will later life lending affect my inheritance?

It could reduce the amount left to beneficiaries. We’ll explain the implications so you can make an informed decision.

Are commercial mortgages different from residential mortgages?

Yes, commercial mortgages are used for business purposes and often have higher deposits and different terms. We’ll help you navigate the options.