A broker cannot get you a bigger mortgage – brokers help in the facilitation of mortgages, depending on a variety of factors.

It is important to remember that mortgage brokers work for the clients and not the lender. The broker will carry out relevant research according to the type of mortgage you are interested in taking out – brokers have access to lenders from across the panel.

When it comes to the loan amount that a mortgage broker can get you – this is assessed at the income and affordability level. If there is sufficient income and the affordability is there, considering any background debts/commitments, then this will determine the size of the mortgage you can take out.

A key thing to remember with any mortgage is key advice from the FCA (Financial Conduct Authority) “Your home may be repossessed if you do not keep up with payments”.

Journey Mortgages is a specialist broker who can help you with commercial mortgages. Get in touch, and one of our friendly team will be happy to help you with your inquiry.

Attention: Late repayments can cause you serious money problems. For help go to moneyhelper.org.uk