I’ve just re-mortgaged a property via Word On The Street, and may I say that Danielle was amazing! Couldn’t have done any better, and everything went smoothly. All my mortgage requirements will go through your company from now on. Thank you.
FAQs
We often help those who are wanting to get into property, and we have lenders available that do not penalise you for being a first-time investor.
The genuine answer to this question is, ‘it depends’. It depends on several factors relevant to the transaction (purchase price, loan amount, type of property, etc) but we must be clear that the cost is all relative to the transaction. Bridging Finance is a short-term finance option and so needs to be considered as such and should not be compared to longer term finance costs.
Commercial mortgage lenders put a lot of impetus on experience. If you are buying a commercial property which you intend to occupy on completion, then you will need two to three years full accounts. If you are buying a commercial investment property, then you may not need any trading business accounts. However, be prepared to evidence your experience of owning & operating properties of the type you are buying. I.e., Retail, Offices, etc.
‘LTV’ means Loan to Value. It is the percentage (%) of loan you can raise against the purchase price, or valuation of the property asset you are buying or raising funds against.
Interest rates are ever changing due to the economic climate and therefore for real time rates, please contact us to enquire for a quotation.
Typically, you (the client/ borrower) will pay for the lender’s valuation of the property you are attempting to finance. In some circumstances, there may be a free valuation as a lender incentive, but this can only be confirmed once we have the full details of the enquiry.
Yes. Where the application is in the name of an entity, such as an LLP or Limited Company, Directors and Shareholders will be required to provide a Personal Guarantee (PG).
Most auction houses require you to complete within 14, 28 or 56 days and we can raise funds in each time frame. The most important point for us to make clear is that you should always read the legal pack prior to bidding at auction so that you know how much time you have. It would also be sensible to ensure you have the finance in place, prior to bidding at auction. This is something we can help with.
Yes. Word On The Street have many lenders on panel that offer Bridging & Refurb finance, and we can raise funds to cover a shortfall, or 100% of refurb costs, depending on the transaction. Get in touch to talk to us about the project you are considering, and we can help.
Please refer to our Credit Broking Agreement for confirmation of our fees.
This depends on the product type. Each lender has different product and loan criteria which we will only be able to confirm once we understand your enquiry in more detail. Please contact us to enquire for a quotation.
What our clients are saying
Very likely the best brokerage in the UK. 5* on all accounts.
I have worked with many brokers over the years, but none have come close to the professionalism and expertise of Word On The Street. They have managed my large and complex property portfolio with absolute precision, always finding the best solutions no matter how challenging the case. Communication is clear, proactive, and they go above and beyond to keep everything moving smoothly. Their market knowledge and network are second to none, which has saved me both time and money. I would highly recommend them to anyone serious about building or managing a property portfolio.
5* service from genuine people who really care about the outcomes of their customers.
I just want to say a huge thank you to Mike, Steve, Danielle, and Pauline at Word on the Street for all their help and support with my buy-to-let mortgage. From start to finish, they made the whole process smooth, stress-free, and surprisingly easy.
Their communication was excellent – always keeping me informed and answering any questions I had quickly and clearly. It really felt like they had everything under control, and I had full confidence in them throughout.
If you’re looking for a professional, friendly, and efficient team to handle your mortgage, I can’t recommend Word on the Street enough.
Thanks again for everything!
We have just completed our first refinance with Word on the Street with a specialist lending product. Micheal spent a lot of time on the phone with us to make sure he had full understanding of the structure on our side which enabled him to set us up with a lender that best suited our needs.
It was easily the smoothest/quickest remortgage we have ever done, with Micheal pushing it through until the very end to make sure we completed on time.
Special mention as well to the case manager Danielle who was on our case (no pun intended) to make sure we got the relevant documentation and inquiry replies back to her as quickly as possible to enable us to complete efficiently.
We currently have 2 further refinances going through with them now and the experience has been just as pleasant. 10/10 would recommend.
Professional service. Quickest refinance I have experienced on a portfolio of flats with HTB. Would definitely use again, Michael was always available on the phone to assist with any queries, and recommended a solicitor who got everything done for us in time!