Mortgage Express
Mortgage Express is a part of Bradford & Bingley. Its deals are available through intermediaries only (i.e., you can only apply through a mortgage adviser).
This allows Mortgage Express to specialise in just three types of mortgage:
- Buy To Let mortgages (currently Britain's biggest buy-to-let lender)
- Lifetime mortgages
- Self-Certification mortgages
However, following the emergency nationalisation of parent company Bradford & Bingley, Mortgage Express has stopped offering new mortgages for the foreseeable future.
If you need a mortgage at the moment, you can get unbiased advice at any time by filling in the enquiry form on the right.
Latest Situation with Mortgage Express
Because the government has taken Bradford & Bingley's mortgage assets into public ownership, no new mortgages (or remortgages) can be issued by Mortgage Express as things currently stand.
If you have a current Mortgage Express mortgage, the deal continues as before and you should continue to repay it; in this respect, nothing has changed for existing customers. But if you are still in an introductory period (e.g. a fixed rate), when this comes to an end you won't get a new offer from Mortgage Express. You will either need to pay the lender's Variable Rate (depending on your type of mortgage) or remortgage to a different lender.
Choosing an alternative mortgage
So, where does this leave you if you're looking to remortgage a buy to let property, or get a new self-certification mortgage deal?
The wisest course of action would be to enquire with an unbiased mortgage adviser. Advisers are FSA-authorised, they have their finger on the pulse of a rapidly changing market and are able to recommend you the right deal.
By filling in our enquiry form you will get a free call back from an adviser, who can give you mortgage quotes to suit your own situation, with no strings attached.
Click here to get buy-to-let remortgage advice