Mortgages Made Simple
At impact we offer a wide array of standard and specialist residential mortgages which cover a variety of circumstances and financial situations.
As an award-winning, whole-of-market broker, we can show you a wide range of options, including some semi-exclusive products.
Speak to one of our experienced advisers to see how impact can bring you one step closer to the property ladder.
How can impact help?
We provide top quality advice on all requirements situations and products.
Some Lenders allow their underwriters to work from impact HQ, we can speak to a mandated decision makers on your case and get a response quickly.
We also have access to various semi-exclusive products, some with high income multiples, to help you onto the property ladder. Some lenders offer products with free valuations or free legal fees.
Right to Buy & Other Schemes
Later Life
Lending
Debt
Consolidation
Start your mortgage journey now, make an enquiry...
Whether you are looking to Buy or Remortgage a property, you are only a few clicks away.
First Time Buyers
Are you a First Time Buyer? Do you wish to buy a property but you have not owned your own home before?
At impact we're here to guide and support you through the buying process, whether you have little or no deposit, feel free to talk to one of our advisers about the schemes we have available.
We can advise on all aspects of - interest rates, rental calculations, repayment types, terms and conditions, and legal considerations such as stamp duty.
The options for 100% mortgages are very limited, but with a small deposit of 5%, we can provide you with access to more deals.
A higher deposit for your purchase will help to increase your available options and lower your interest rates.
Over 55's
Whether you're already retired (or close to retirement) and looking for options to repay your mortgage, release money from your property for further home improvements or to enjoy your retirement, why not see how impact can help.
Some lenders have lower age limits. Others will lend into later life, and we can help you find them.
When applying for a mortgage we treat your application like everyone else's and with our experienced team of advisers, we’ll do everything we can to present your application to the right lenders.
Self Employed
If you're self-employed, freelance, or a contractor you have probably encountered difficulties obtaining a mortgage due to the nature of your income.
Lenders have addressed the fact increased numbers of people are falling into these categories and have amended their criteria to help with this.
Due to the relationships our experienced mortgage advisers have built with our specialist lenders, we're able to focus our expertise to understand your situation and will look at your application from a different perspective.
Here at Impact Specialist Finance, we take the time to present your application to the right lenders. We offer advice, support, and finally, experience in helping you to your perfect home.
If you have been in the same profession for a minimum of the last 2 years and you've now chosen to go self-employed, some lenders may consider your application based on your previous employment history.
(They will consider your income opposed to the employed/self-employed status change).
Self-employed for a year or less?
For those who have recently gone self-employed, but you're concerned you will need to trade for a few years before applying for a mortgage, impact can still potentially help!
Even if you've only been trading for a year, we have access to specialist lenders who could still potentially help you based on your income for the previous year.
They will use your projected annual income from your previous years accounts and your future projected accounts.
Later Life Lending
If you’re aged 55 or over, later life lending (equity release) could offer a way to access the money tied up in your home - without needing to move. It’s a valuable option for many in later life, whether you’re looking to clear existing debts or supplement your retirement income.
At Impact Specialist Finance, we’ve partnered with Age Partnership, whose expert advisers can guide you through the range of equity release options available, including Lifetime Mortgages and Home Reversion Plans. With some lenders offering funding beyond the age of 80, there are flexible solutions tailored to suit a variety of needs.
Whether you’re looking to refinance an interest-only mortgage or help your children or grandchildren get a financial head start, we can introduce you to Age Partnership to explore your options. If you’d like us to arrange a referral, please don’t hesitate to get in touch.
Important: Equity release may affect your entitlement to means-tested benefits and reduce the value of your estate. Products such as lifetime mortgages and home reversion plans are secured against your home. Equity release is not suitable for everyone and should be considered carefully alongside other financial solutions. Always seek personalised advice to understand the features and risks involved. A full illustration will be provided by your Age Partnership adviser.
How can impact help?
We can introduce you to our specialist partner, Age Partnership, whose advisers will explain the options available to you.
Equity release options include lifetime mortgages and home reversion plans, and some lenders offer funding beyond the age of 80.
Most schemes have a minimum qualifying age of 55, some are 60.
Whether you need to refinance an interest-only mortgage or help the next generation with their financial future, Age Partnership can show you the available options.
Government Schemes
With house prices at historic highs the government has introduced a number of schemes for both first time buyers and for home movers to help them get onto or move along the housing ladder in a more affordable fashion.
The Schemes Available
Here you will find information on the available schemes to help you onto the property ladder. If you require further information please contact us.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Right to Buy
The Right to Buy scheme helps eligible council and housing association tenants in England to buy their home with a discount. Discounts are capped by region, from £16,000 to £38,000. Check the current figure with your council.
Contact them to see if you could be eligible, the discount you’re entitled to and whether you can afford to buy.
We can then assist in arranging a mortgage for you.
Shared Ownership
If you’re unable to afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (usually between 10% and 75% of the home’s value) and pay rent on the remaining share. Then when you’re ready, you can buy larger shares when financially affordable.
You could buy a home through Shared Ownership in England if:
• Your household earns £80,000 a year or less outside London
• Your household earns £90,000 a year or less in London
• You’re a first-time buyer, you used to own a home but you’re now unable to buy one or you’re an existing shared owner looking to move
How does part rent part buy work?
Shared Ownership gives you the opportunity to buy a share in a home of your own, and pay a subsidised rent on the share you don’t own. You normally start by buying between 10% and 75% of the full value and you may, if you wish, buy further shares until you eventually own outright.
Contact impact to discuss your situation and see if we can help you buy a home.
Debt Consolidation
Consolidate Your Debts
Take out a new loan to pay multiple existing debts and allow yourself to put money you owe into one new monthly payment.
Make a list of all your debts, consider unsecured and secured options and then contact impact to look at the options available to you. We’ll look for terms that suit your circumstances. Spreading short-term debts over a mortgage term can mean paying more interest overall, even if your monthly payment falls. Free, impartial debt advice is available from MoneyHelper (opens in a new tab).
How much you can raise depends on your equity, income and the lender.
Divorce and separation cases are considered, where one party is raising funds to release the other from the mortgage.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT
What our customers say
“Halfway through the application, we discovered my property is steel-framed… Most brokers might have bailed or passed the buck, but not Impact. Kevin and Kelly stepped up like true professionals. They kept me updated every step of the way, explained complex jargon in plain English…”LiamRemortgage, via Google
“I was in need of a specialist lender due to my very unique circumstances. The communication from both Kelly and Kevin throughout the process was wonderful… They were clear, understanding, responsive and proactive… you made the impossible, possible for my family and I.”Shahaburvia Google
“Kelly was our first point of contact, and her dedication to getting our mortgage application underway was truly unmatched. She took the time to understand our needs and made the entire process feel seamless. Kevin and Catherine then guided us through to completion, keeping us informed every step of the way.”Kyevia Google
“Special mention to Dale who got us our mortgage! During the application process, he explained everything in great detail and was always quick to respond to any queries that we had… Overall, Impact were great and I cannot fault them on anything.”Robynvia Google
“Sue and Vic helped me through a very difficult time in my life. they understood how stressed I was and they acted professionally, with speed, care and compassion.”Sarahvia Google
“Melanie did a fantastic job throughout the process, and her support truly went above and beyond my expectations. She was professional, responsive, and incredibly helpful from start to finish.”Farhadvia Google