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Cases in the Bournville area
Cases in the Bournville area
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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 Birmingham
Petrie & Petrie
158 Weoley Castle Rd, Birmingham B29 5QL, UK – 0121 427 2133
Petrie and Petrie were recommended to me. Mike and the team are friendly, approachable, knowledgeable and in my opinion trustworthy, professional and helpful. No 'stupid question' from me was left unanswered. This was the first time I've sought the advice of an IFA and I can recommend them heartily. They won't give you advice which goes against their ethical standards and your financial wellbeing now and into the future is at the heart of what they do. I gave them 5 stars and have no hesitation in recommending them to you.
Arden Financial Consultants LLP
30 The Green, Birmingham B38 8SD, UK – 0121 486 2772
A F H Wealth Management
129 Wychall Rd, Birmingham B31 3AP, UK – 0121 475 9655
Click for excellent Money Saving Expert advice on choosing an Independent Financial Adviser (or IFA) around Birmingham.
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.
TSB Bank
1507 Pershore Rd, Birmingham B30 2JL, UK – 0121 307 9988
The best ever bank I come across. Friendly and fast service.
Great staff
NatWest
a, 112 High St, Birmingham B14 7LG, UK – 0845 788 8444
My partner and I went into Natwest in Kings Heath in regards to looking for a mortgage. We spoke to Caroline who couldn’t have been more helpful. Caroline was professional, easy to speak to and provided us with all the information we needed. Caroline is a credit to Natwest!
Brilliant bank and very helpful staff. i have used kingsheath natwest for years and they have always been brilliant. 10 out of 10 and could not recommend them enough
Banks
HSBC
770-772 Bristol Rd S, West Midlands, Birmingham B31 2NN, UK – 0345 740 4404
I have banked here for many years and would not want to go any where else. Staff are first class xxx
Poor quality bank.. but nice and local.
Lloyds Bank
798 Bristol Rd S, Birmingham B31 2NP, UK – 0345 300 0000
Been banking here for years, and seen a lot of changes. However on the whole a very helpful team, especially the ones that have been there for years. Some of the new starters are not as great. No parking, but a little car park nearby
Building Societies
the West Brom - West Bromwich Building Society
102-104 High St, Birmingham B14 7JZ, UK – 0345 241 7330
Decent mortgage rates
Nationwide
1 Church Rd, Northfield, Birmingham B31 2JZ, UK – 0800 554 0517
Good friendly and informative staff
I've been there 3 times. All 3 times there was different staff. Weird.
the West Brom - West Bromwich Building Society
770 Bristol Rd S, Birmingham B31 2NN, UK – 0345 241 7342
Mortgage Brokers
May Robert
251 Mary Vale Rd, Birmingham B30 1PN, UK – 0121 433 4033
He was very helpful. I would definitely recommend his services.
Very welcoming, professional, helpful and knowledgeable.
Independent Financial Services (UK) Ltd
129 Wychall Rd, Birmingham B31 3AP, UK – 0121 475 9655
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 Birmingham.
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 Bournville 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 Birmingham.
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 Bournville 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
Nationwide Building Society
17/19 Alcester Rd S, Birmingham B14 7JJ, UK – 0800 554 0514
Super good service thanks ;-)
Very good customer service and counter service. Limited self service functions due to store size.
Dixons
72 The Green, Birmingham B38 8RU, UK – 0121 369 0853
I found Ian Goodyear very friendly and professional. He always returned calls quickly with clear, precise answers to questions. He really did take the hassle out of buying. A wonderful service that I would recommend to anyone buying a house. Thank you Ian!
My partner and I have recently bought a house through Dixon’s. The service and level of communication has been amazing. Lucy the branch manager is a real asset to the branch and company and facilitated a very smooth transaction, through her dedication and problem solving skills.
Barclays Bank
161 High St, Birmingham B14 7LA, UK – 0345 734 5345
Fantastic staff and very customer friendly branch. Staff always go above and beyond.
Staff do try and push you to the machcines a bit, but here's a tip: Wake up and use them. They're quick and efficient. Decent branch.