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With a team of mortgage brokers, we can provide expert mortgage advice to residents of Scunthorpe and the surrounding, nearby areas.
Mortgage Advice Scunthorpe is a branch of our parent mortgage brokerage, The Mortgage Space.
We are an innovative mortgage company with our clients in and around Scunthorpe at the heart of everything we do. Our goal is to give our customers the best service possible by having Scunthorpe based brokers who understand the area and the local market, who can help you through the process to fulfil their property ambitions.
Buying your first home, whether in Scunthorpe, or anywhere… Is probably the largest financial commitment you’ve made. It can be a rather daunting process, which is why we’re here!
The best place to start is with a no-obligation, initial appointment with one of our local brokers who can explain the different mortgage options available at a pace you feel comfortable with.
If you currently own a property and are looking to move into a new house in the local area and get a new mortgage in the process, you are a home mover. Moving home can be stressful before you even think about a mortgage! We can help elevate the added stress by being with you every step of the way.
We can recommend products from a comprehensive range of lenders all across the market.
A remortgage is the process of moving your existing property to a different mortgage deal, either with the same lender or to a different one.
Why would I do this?
There are a number of reasons to remortgage your home in Scunthorpe, the main ones being to get a better rate, or to release money and put yourself in a better position.
Whatever your motivations are for remortgaging, our local & friendly brokers can help you from start to finish.
If you are looking to buy a property in and around Scunthorpe for the process of renting it out and need a mortgage, you will need a buy to let mortgage.
Some, but not all lenders will require you to have a minimum salary and a minimum of 25% deposit.
We will be able to help you with finding the right mortgage for your personal circumstances.
If your situation is unique and by that we mean you have poor credit and have struggled getting a mortgage in the past; or you’re self employed and think you can’t get a mortgage or one of the hundreds of other reasons. Then we can still help.
Our expert team, based right here in Scunthorpe have years of experience dealing with unique circumstances.
Rest assured we can still help, all you need to do is drop us a message.
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. 
Trustindex verifies that the original source of the review is Google. When it comes to borrowing, lenders usually look at your income, expenses, and credit score. As property prices in Scunthorpe can vary, it’s a good idea to have a chat with one of our local brokers who understands the area and can guide you based on your financial situation and the types of properties you’re considering.
The typical deposit is around 10% of the property price, but it depends on the mortgage deal. In Scunthorpe, where house prices can be more affordable than in larger cities, you might find it’s easier to save up for a deposit. One of our local brokers can show you the best options based on how much you’ve saved.
Yes, there are plenty of first-time buyer mortgages available, and some come with perks like cashback or lower fees. We can help you find schemes or lenders that cater to first-time buyers in Scunthorpe.
A fixed-rate mortgage keeps your monthly payments the same for a set period, while a variable-rate mortgage can change depending on the lender’s rate.
It starts with an agreement in principle, which shows how much a lender is willing to let you borrow. From there, you’ll submit an application with proof of income and expenses. Our advisers can guide you through the paperwork and even liaise with lenders and estate agents if in Scunthorpe to make things smoother.
When it comes to borrowing, lenders usually look at your income, expenses, and credit score. As property prices in Scunthorpe can vary, it’s a good idea to have a chat with us, as we understand the area and can guide you based on your financial situation and the types of properties you’re considering.
While your bank might offer good deals, a local mortgage broker can compare multiple lenders to find the best deal for you. Plus, we understand the Scunthorpe property market and can provide personalised advice.
Complete the form below and provide us with an indication on your situation and how we can help. A member of the team will contact you to setup an initial conversation.
Historical Background
The town’s origins date back to the Domesday Book of 1086, where it was recorded as “Escumesthorpe,” derived from Old Norse meaning “Skuma’s homestead.” The discovery of ironstone in the mid-19th century transformed Scunthorpe into a significant center for iron and steel production. This industrial boom led to rapid growth and the development of the town’s infrastructure.
Economy and Industry
Scunthorpe has long been synonymous with steel manufacturing. The Scunthorpe Steelworks, established in the 19th century, remains a pivotal part of the local economy. In recent years, the industry has faced challenges, including discussions about transitioning to greener steel production methods. These developments have significant implications for employment and the town’s economic landscape.
Cultural and Recreational Highlights
Beyond its industrial roots, Scunthorpe offers a variety of cultural and recreational attractions:
20-21 Visual Arts Centre: Housed in a former church, this center showcases contemporary art exhibitions and community projects.
North Lincolnshire Museum: This museum provides insights into the region’s history, archaeology, and natural environment.
Normanby Hall Country Park: A short drive from the town center, this estate features a Regency mansion, gardens, and a farming museum, offering a glimpse into the area’s heritage.
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Think carefully before securing debt against your home. Your home may be repossessed if you do not keep up payments on your mortgage or any other loans secured on it.
The Mortgage Space Limited Company Registration number 13256613. Registered Address at 12 Oswald Road, Scunthorpe, England, DN15 7PT.
The Mortgage Space Ltd which is registered with the Data Protection Act 1998 registration No. ZB205076 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 968412 is an appointed representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No. ZA178200