WALLSEND

Wallsend Mortgage brokers - Penda Financial

Call Us For Mortgage Advice

Advice from local mortgage advisors Wallsend

Finding a new home can be exciting, whereas sorting the right finance to secure the property can often be overwhelming. We are here to help.
At Penda, we have over fifteen years of experience in finding and securing the best deals for our clients in Wallsend. We are a local mortgage broker company with access to virtually the whole of the mortgages market so we can shop around to ensure that you get the best mortgage deal.

Call 07789 900359 for advice. Our offices are immediately above Next2Buy, on Station Road.

Mortgages are essential financial commitments that you need to get right. You should seek professional advice, whether you are a first-time buyer, moving house, remortgaging, or investing in a buy-to-let property.

We advise on the best mortgage deals

Today, there are numerous types of mortgage products, including repayment, interest-only, fixed-rate, discounted rate, tracker, discounted rate, capped rate, and standard variable rate mortgages.
A mortgage is a long-term loan used to purchase a property. Typically the duration of the loan term is 25 years, but can be shorter or longer depending on your financial situation.
You should only take out finance that you can afford to repay. Our local mortgage advisers will advise you on how much you can realistically afford.
Following our initial consultation, we will advise you on the best type of mortgage for your current situation. We will calculate how much you can afford to borrow, figure out what your monthly loan payments will be, and explain any other related fees. Our friendly advisors will explain everything clearly, so you understand all of your options and make the right choice.
Once we have located the best mortgage deal for you, we don't stop there. We help you with the paperwork for your mortgage application and securing your loan. Your adviser will speak directly with the chosen lender to try and prevent any problems or possible delays.
Penda will guide you through the whole process.

If you would like some advice from one of our advisers, get in touch on 07789 900359 or contact us via email.

Mortgage Broker advice Wallsend

Buying a home is probably the most important purchase in your life, so choosing the right finance is essential.
To ensure you get the best deal, you will need to understand the different types of mortgages and which is best is for you. Then you will need to find where to get the best deal from, how it works, and what you can afford to borrow.
Penda's advisers and brokers are here to guide you through this process.
After the initial consultation, we will know which deals you are eligible for. At Penda, we understand how the vendors work and what the criteria the various lenders have in place. So even if you were able to find a good deal yourself, it does not necessarily mean the lender will accept your application.
Our brokers will examine the financial markets and provide you with a choice of deals, according to your budget and lending criteria. They will ensure they locate the best mortgage deals on the market, unlike the banks and building societies which have a limited number of financing options.

first time buyer mortgages

residential mortgages

remortgage deals

fixed rate mortgage deals

self employed mortgages

buy to let mortgages

We are a local mortgage advisory service with advisers who pride ourselves on more personal service and are always contactable by phone or email, and face to face.

Refer to our testimonials page and read our reviews, endorsements and words of appreciation.
For further advice on first time mortgages, remortgaging, buy to let investing, or using our online mortgage calculator navigate the links near the top of the page. For additional information on the various types of mortgages, financing options, mortgages terminology or conveyancing, select the relevant option below.

Where to buy property in Wallsend

Wallsend, is a town in the metropolitan borough of North Tyneside, 3.5 miles east of Newcastle City Centre, with good transport links and a population of approximately 43,000.  

The housing stock is highly varied, with traditional Victorian Tyneside flats and houses, mixed with apartment blocks, semi-detached, and new builds.
Typically, two and three-bedroom flats range from £40,000 to £85,000. Modern flats in new apartment complexes sell for between  £65,000 and £85,000, whereas older Tyneside flats in terraced properties go for around £40,000 to £85,000 depending on the area. First-time buyers should expect to pay £50,000-£60,000 for a reasonable starter home. The town is also suitable for investing in buy-to-let properties.
Modern housing developments include Green Park, Holland Park, Hadrian Village, and Parklands with semi-detached and detached properties going for £170,000 to £250,000,  occasionally up to £375,000.
Older style semi-detached and terraced with three bedrooms typically go for between £75,000 and £150,000, locally up to £200,000 depending on the location.
Around the picturesque Wallsend Green, large Victorian detached houses sell for around £475,000 to over £600,000 in 2019.
All financial advice is given by Penda Financial Management Ltd for advising on and arranging mortgages, insurance and personal investments.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
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