FEB
1
Covid Virus Update
CLICK for Cases in Coulsdon and Old Coulsdon
CLICK for National Covid Data
CLICK for Cases in Coulsdon and Old Coulsdon
CLICK for National Covid Data
Want to advertise on this website? Create your advert now.
The Free Money Advice Service has been setup by the government to provide impartial advice on most financial matters but is particularly good on Equity Release.
Equity Release is a minefield but a necessary minefield! Get it right and older people can raise money on their property - potentially allowing them to afford to stay in their homes for the rest of their lives. Get it wrong and they can accumulate an enormous debt and effectively disinherit their children as the finance company claims their home in order to repay the accumulated loan when they die. The link below may help you decide whether this might be a useful route to go down. However just as importantly consider using a financial adviser.
Equity Release is a minefield but a necessary minefield! Get it right and older people can raise money on their property - potentially allowing them to afford to stay in their homes for the rest of their lives. Get it wrong and they can accumulate an enormous debt and effectively disinherit their children as the finance company claims their home in order to repay the accumulated loan when they die. The link below may help you decide whether this might be a useful route to go down. However just as importantly consider using a financial adviser.
This is a simple AgeUK Equity Release calculator which will help you find out how much an equity release loan would allow you to raise on your house.
Independent Financial Advisers - IFAs Croydon
Whichers IFA Ltd
152 Brighton Rd, Coulsdon CR5 2YQ, UK – 020 8763 8090
Great staff. Very professional and helpful environment
Goo d clear advice. Fair charges for advice
Click for excellent Money Saving Expert advice on choosing an Independent Financial Adviser (or IFA) around Croydon.
This is a revolution! We are used to going to a bank with a business plan and been lent money on very high rates of interest - but only under increasingly demanding conditions. Crowd funding is the public investing directly to the businesses - at all stages of their development. Crucially there is a huge range of projects and Crowd Funders. You could do worse than just read and then click some of the WiKi link below.
Crowd Funding and Business Loans
We could not find any Crowd Funding or Business Loans around your location. Please click below to see full results from Google.
Barclays Bank
114-116 Brighton Rd, Hooley, Coulsdon CR5 2ND, UK – 0345 734 5345
Lovely and helpful staff, but the branch needs doing up and there was noone to serve customers with q&a's on the shop floor.
Good branch with nice staff. Closed on Wednesdays. Can be busy sometimes.
Nationwide
918 Brighton Rd, Purley CR8 2LN, UK – 0800 554 0628
The team always treat me well, recommend visiting at non-peak times (daytime) for shortest waiting times
Quite slow service but useful when necessary.
Lloyds Bank
942 Brighton Rd, Purley CR8 2LP, UK – 0345 300 0000
3 parking spots right outside in red route parking bay 10-4. Don't park in red route loading bay on opposite side of road, going to the bank is not loading and there are parking cameras everywhere, otherwise next road along has free parking all the way along it but you must get a ticket. Not open at the weekends though, which is unforgivable for a bank. Staff are great.
I visited this branch in 2015 for an appointment with mortgage advisor. Was professional and helpful experience.
Banks
Barclays Bank Purley
953 Brighton Rd, Purley CR8 2YH, UK – 0345 734 5345
Run down branch, not sure if bank will update it or close it. Sophie was awesome at opening a bank account and knew everything. Friendly staff but like the Coulsdon branch, in need of a makeover.
Friendly staff, but as its a small branch can get very busy.
Lloyds Bank
129 Brighton Rd, Coulsdon, Purley CR5 3EF, UK – 0345 300 0000
Barclays Bank
114-116 Brighton Rd, Hooley, Coulsdon CR5 2ND, UK – 0345 734 5345
Lovely and helpful staff, but the branch needs doing up and there was noone to serve customers with q&a's on the shop floor.
Good branch with nice staff. Closed on Wednesdays. Can be busy sometimes.
Building Societies
Nationwide
918 Brighton Rd, Purley CR8 2LN, UK – 0800 554 0628
The team always treat me well, recommend visiting at non-peak times (daytime) for shortest waiting times
Quite slow service but useful when necessary.
Mortgage Brokers
Harrison Mortgages
8 Caterham Dr, Coulsdon CR5 1JD, UK – 07973 291933
Whichers IFA Ltd
152 Brighton Rd, Coulsdon CR5 2YQ, UK – 020 8763 8090
Great staff. Very professional and helpful environment
Goo d clear advice. Fair charges for advice
Mortgage Brokers - Key Questions
How much do mortgage brokers charge?
Typically, a broker will actually be paid around 0.35% of the mortgage loan as commission from your the lender. So, for every £100,000 borrowed, they would receive £700 in commission - if they are on commission. Many will therefore not charge for their advise if they are. However they maybe tied to specific companies and so may not be able to offer the best deal. Start with your bank. They will know you personally and financially - hopefully! They will tell you about their mortgages and you can use them as a base line to compare products found by mortgage brokers around Croydon.
Is it better to get mortgage from bank or broker?
This question will be answered by this initial mortgage research. You may hit it lucky and find that your bank can give you the best deal - but do check with a mortgage broker first.
How do I find a good mortgage broker?
Don't write off the financial comparison websites. Moneysupermarket is full of good advise on how to find mortgage brokers and may even be able to point you around Coulsdon and Old Coulsdon that they particularly recommend - although will be on commission themselves! Click the link below to go the the right part of Moneysupermarket.
Are mortgage brokers worth it?
Probably yes and we are not on commission! You are free to the these ones a ring - it could really worth it.
Typically, a broker will actually be paid around 0.35% of the mortgage loan as commission from your the lender. So, for every £100,000 borrowed, they would receive £700 in commission - if they are on commission. Many will therefore not charge for their advise if they are. However they maybe tied to specific companies and so may not be able to offer the best deal. Start with your bank. They will know you personally and financially - hopefully! They will tell you about their mortgages and you can use them as a base line to compare products found by mortgage brokers around Croydon.
Is it better to get mortgage from bank or broker?
This question will be answered by this initial mortgage research. You may hit it lucky and find that your bank can give you the best deal - but do check with a mortgage broker first.
How do I find a good mortgage broker?
Don't write off the financial comparison websites. Moneysupermarket is full of good advise on how to find mortgage brokers and may even be able to point you around Coulsdon and Old Coulsdon that they particularly recommend - although will be on commission themselves! Click the link below to go the the right part of Moneysupermarket.
Are mortgage brokers worth it?
Probably yes and we are not on commission! You are free to the these ones a ring - it could really worth it.
Mortgages
Purley Mortgage Solutions
23 Whytecliffe Rd S, Purley CR8 2AY, UK – 020 8668 6080
very friendly and helpful staff, highly recommended, one on the best company in the uk. thanks for providing high standard service
Excellent service!! environment welcoming and clean, highly recommended.
Mortgage Advice Centre
Purley CR8, UK
Maple Leaf Mortgages
46 Croftleigh Ave, Purley CR8 4BT, UK – 0845 257 0189