Mortgage Adviser

A mortgage adviser sits between you and the lender. We do the research, compare mortgage deals across the market, and handle the paperwork so you do not have to approach multiple mortgage providers on your own. Most people simply do not have the time or access to see what is really out there.

Many lenders offer exclusive mortgage products that are only available through professional intermediaries like Prescient Wealth & Estate Management, not on comparison websites or through direct applications. That alone can make a meaningful difference to your monthly repayments over the life of your mortgage.

As your mortgage broker, we carry out a full financial assessment covering your income, expenses, and credit history before recommending anything. That way, we only put forward a suitable deal that fits your actual circumstances.

Every client is different. Affordability is based on your income versus your outgoings, and most lenders will allow you to borrow between 4 and 4.5 times your annual salary. The actual amount varies depending on your financial situation and any existing debt commitments.

Our mortgage advisers use mortgage calculators alongside your full financial picture to answer the question of how much can I borrow before you start making offers on property. We also use mortgage calculators to show you how different rates and loan sizes affect your monthly payments over time. This means you go into the process knowing what you can realistically spend, rather than guessing.

We also look closely at your credit history, because every lender assesses this carefully. If there are any issues that could hold back your mortgage journey, we advise on the best approach before you apply. This protects your credit file and avoids the kind of problems that slow everything down. A well-prepared mortgage application gives you the best possible start with any lender.

What We Look at During Your Financial Assessment

• Your income, including employment type, bonuses, and any secondary income sources
• Your monthly outgoings and existing debt repayments
• Your credit history and anything that could influence how a lender views your case

From there, we search the market to identify lenders whose criteria and terms may suit your circumstances. We will explain the options and why we recommend them.

The average first time buyer in the country is now 34 years old, and affordability challenges continue to push that figure higher. Deposits have grown significantly, with the average first time buyer deposit exceeding £63,000 in late 2025. That is a lot of money on the line when choosing the wrong mortgage deal could cost you thousands.

First time buyers accounted for over 31% of all owner-occupier mortgage lending in 2025, the highest proportion since records began. First time buyers collectively borrowed over £82.8 billion in the year to September 2025, with the average loan size exceeding £210,000 for the first time. Getting a mortgage at that level of borrowing means the interest rate and the deal structure matter enormously.

At Prescient Wealth & Estate Management, we walk every buyer through the whole process, from understanding how much you could borrow to managing the mortgage offer once your offer is accepted. Our mortgage advisers provide mortgage advice that is clear, honest, and built around where you are in life. We are with you at every step of the way.

Getting a Mortgage in Principle Before You Start Viewing

A Mortgage in Principle is one of the first things we help secure for our clients. It shows estate agents and sellers that you are a serious buyer with verified financing already in place. In a competitive market, this can make the difference between having your offer accepted and losing out.

Once you have found a property and your offer is accepted, we handle everything through to a formal mortgage offer. We compile the paperwork, liaise directly with the lender, chase the lender when needed, and keep everything moving so your mortgage journey stays on track. If a lender requests further information, we handle that on your behalf, which prevents unnecessary delays from building up. Our case manager approach means you always have a named contact who knows your file.

Getting a mortgage when you are self employed is more involved than a standard employed application. Lenders tend to look more closely at income stability, and the actual amount you could borrow may be calculated differently depending on whether you are a sole trader, contractor, or limited company director.

We work with self employed clients regularly and know which lender is most likely to approve your case on favourable terms. If you are self employed and want to get a mortgage, speak to us before you approach any bank or building society directly. We help self employed clients get a mortgage that fits how their income actually works. Going in without the right mortgage advice can affect both your application outcome and the interest rate you are offered. The lender you go to first can also shape the overall cost of your mortgage.

If your fixed rate is coming to an end, you will likely move onto your lender's standard variable rate, which tends to be higher than any new mortgage deal available on the open market. Remortgaging may help reduce your monthly repayments, depending on your circumstances. Early repayment charges and arrangement fees may apply, so it is important to consider the full cost.

We review your current deal and the current rate you are on, then compare them against the right deal across the whole market. If a more suitable deal is available, we will explain your options and help you through the process. Remortgage products can also release equity in your property, reduce your repayments, or help you consolidate debt. Consolidating existing borrowing into your mortgage may reduce monthly payments but can increase the total amount you repay over the term, and your home is at risk if you do not keep up repayments.

UK Finance forecasts £300 billion of gross mortgage lending in 2026, which shows the enormous scale of activity in the market. Lenders are regularly updating and withdrawing products, which is why having a mortgage broker monitoring the market on your behalf can save you time and may help you avoid paying more than you need to.

When Remortgaging Makes Real Financial Sense

Remortgage timing matters. We can answer whether now is the right moment to borrow against your existing property or whether waiting for a better interest rate makes more sense for your individual circumstances. Most lenders allow you to lock in a rate up to six months before your deal expires, which is worth knowing if you want to avoid paying more than you need to.

Switching to a right deal through a remortgage is something we handle end to end. The paperwork, the lender liaison, and the timing are all taken care of so the process is stress free for you.

If you are over 55 and want to access the value tied up in your property, equity release is worth considering properly before making any decisions. We can explain how releasing equity works, what the costs look like, and whether it is appropriate for your financial situation.

Our equity release advisers would only recommend equity release where it genuinely fits your circumstances. This is a long-term financial commitment with implications for your life and your estate, and we approach it with the care it deserves.

Equity release may involve a lifetime mortgage or home reversion plan secured on your property. It is a long-term commitment, will reduce the value of your estate and may affect your entitlement to means-tested benefits. To understand the features and risks, ask for a personalised illustration.

Many people are unsure how an independent broker differs from a network or tied adviser. A tied adviser can only recommend products from a limited range, whereas an independent broker is not tied to a single provider and can consider products from across the market. Whichever type of adviser you use, they must tell you which type they are and how they are paid.

That matters because the type of adviser you use can affect the range of products you are shown. Our advice is built around your circumstances, and we explain how we are paid before you proceed.

The fee for mortgage advice varies depending on the broker, the complexity of the case, and the loan size. The average mortgage broker fee for a purchase transaction in the country rose to approximately £643, up from around £500 the year before. The most common fixed fee sits in the £299 to £499 range, though some brokers charge a percentage of the loan amount, typically around 0.35%.

A broker's advice may help you find a more suitable deal, but outcomes will depend on your circumstances and the market. In some cases we may receive a commission from the lender as well as, or instead of, a fee. We will confirm how we are paid, and the amount, before you proceed. Understanding the fee structure before you commit is something we consider important so you know what to expect.

At Prescient Wealth & Estate Management, we are transparent about the typical fee structure from the start. You know what applies to your case before we begin. 

**Please note this is a rough guide and the actual cost will vary based on your financial situation, the complexity of advice required, and the service you choose. We keep an updated price list on our mortgage fees page but you need to contact us for an accurate quote.

Once our mortgage and protection team have carried out your financial assessment and identified suitable options for you, we manage the full mortgage process from start to finish. This includes preparing all the paperwork, dealing with the lender, and keeping you informed at every stage so the process remains as simple as possible.

Mortgage approvals reached a 15-month high in April 2026, and the average mortgage adviser was handling around 96 cases annually at the start of the year. We keep our caseload at a level that allows us to give each client the time they need. Our clients' own comments are on our Reviews page.

We also provide protection advice on mortgage protection insurance as part of our broader service. If you are taking on a mortgage, it is worth reviewing whether your cover is adequate. We can walk you through what is available and what makes sense for your life, so you are not left exposed if things change.

More than 80% of homebuyers in the country now use a mortgage broker when arranging their mortgage, compared with around 57% a decade ago. Many people choose to use a mortgage broker because of the access to products and support they can provide.

We give home movers, first time buyers, self employed applicants, and those looking to remortgage access to mortgage deals and lenders they would not easily find on their own. We manage the paperwork, keep the process moving, and give clear expert advice at every stage so you feel confident in the decisions you are making. As an estate and wealth management company, we support clients with a joined up approach to property finance and long term planning.

Many borrowers choose to use a broker. Whether it is right for you will depend on your circumstances. Mortgage intermediaries now arrange around 87 to 90 percent of all mortgages in the country, because the advice, access, and support a good broker provides is genuinely valuable. Working with us also means you could borrow more effectively by approaching the right lender for the first time.

If you are ready to get a mortgage, find a suitable mortgage product, or remortgage your existing property, contact Prescient Wealth & Estate Management today for your free, no-obligation quote.

We work with clients across the country and handle everything from the first conversation to the final mortgage offer. Whether you are a first time buyer trying to find the right mortgage or a home mover looking for suitable options, we are here to make it straightforward. Let us take care of the process and help you find a mortgage that suits your circumstances.

Important: Your home may be repossessed if you do not keep up repayments on your mortgage.