What is a mortgage?

Well, simply put, a mortgage is a loan secured against the property. It is an agreement to borrow money in order to buy a property, with the property belonging to the lender until it has been repaid. This will be done over an agreed time period, together with the added interest.

Once repaid, the property then belongs to the borrower.

At Independent Mortgage Associates, our mortgage advisers offer advice on mortgages from the whole of the market place and are not restricted, or limited, to particular lenders. Being independent mortgage brokers gives our clients a wider choice of lenders and access to exclusive deals not necessarily available on the high street. We are also able to offer secure loans and other alternatives.

We have offices in Hertfordshire and advisers based in London, Buckinghamshire and Bedfordshire.