Mortgage Companies
Choosing a Mortgage Company in Scotland
Banks, building societies, specialist lenders and brokers. There are lots of mortgage companies out there, and they all work differently. Here is how to choose and what a broker can do for you.
★★★★★ Helping people across Scotland find the right mortgage. Rated 5 stars by 235+ clients on Google.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Client Reviews
What Our Clients Say
"We remortgaged with Tony and as always it was a simple smooth process! He explains everything well and is very knowledgeable, honestly wouldn't go anywhere else for mortgage advice! Thanks again ☺️"
Remortgage Customer
"We got recommended Tony from a friend and from start to finish he has made myself and my husband feel at ease with the whole process. Nothing was too much for him or Katie and no question was too silly either. Would highly recommend them to anyone looking for any help."
Mortgage Customer
"I cannot recommend Tony and Katie highly enough. The service has been impeccable, making a potentially stressful and daunting process, seamless. Communication was effective and efficient, which is key in dealing with such a daunting process. You have a lifelong customer here."
Mortgage Customer
Who Is Who
Lenders Lend, Brokers Compare
Mortgage companies fall into a few main types.
- ✓Banks: high street names that lend their own money
- ✓Building societies: owned by their members, often flexible
- ✓Specialist lenders: for complex income or credit
- ✓Brokers: compare lenders and handle your application
How We Help
How to Choose
Five things to check.
Check They Are Regulated
Look them up on the FCA register.
Ask How Many Lenders
Some brokers only use a small panel.
Ask About Fees
Know what you will pay and when.
Read Real Reviews
Look at Google reviews from real clients.
Speak to a Person
You should be able to talk to your adviser directly.
Types of Mortgage Company
Which One Suits You?
Each has pros and cons.
Common Questions
Mortgage Company Questions, Answered
The things people ask us most.
What is the best mortgage company in the UK?
It depends on your situation. The best lender for one person may not suit another.
Should I go direct to a bank or use a broker?
Going direct only shows you that bank's deals. A broker compares lenders for you.
Are mortgage brokers regulated?
Yes, mortgage advisers must be authorised by the Financial Conduct Authority.
Do brokers get better rates?
Brokers can access deals from lots of lenders, including some not available direct.
How do I check a mortgage company?
Look them up on the FCA register.
Can a broker help with bad credit?
Yes, brokers can access specialist lenders.
Related guides
- How much can I borrow?
- What affects mortgage approval
- Bad credit mortgages Scotland
- All mortgage questions answered
Written by Tony Flynn, mortgage broker at Tony Flynn Mortgages, helping homebuyers across Lanarkshire and Scotland. This page is general information, not personal advice. Speak to Tony about your own circumstances.
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Looking for a Mortgage?
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