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Mortgage Broker Durham

Get a mortgage for your dream home – without the stress, hassle and headache. We’re The Original Mortgage Company Ltd, a 5 star rated Mortgage Broker in Durham, helping people get the best mortgage rates possible – even when their banks say no..

Whether you’re a first time buyer looking to get onto the property ladder, or are looking to remortgage, move home or even buy a rental property, we can find the best deal for your circumstances. We’re independent mortgage advisors, which means we get access to more (and better) mortgage deals than highstreet lenders.

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Once you click submit, a member of our friendly team will contact you to book the best date and time to discuss your requirements.

The #1 Independent Mortgage Broker in Durham

The Original Mortgage Company was established in 2008. We have a team of mortgage consultants that cover the entire UK, from Berwick to Bristol, with well over 250+ years experience in mortgage advice.

Our team are professional, friendly and want to help get you the best deals possible on properties in and around Durham.

We provide independent mortgage advice and offer a free initial mortgage review, at your Durham home, or at our head office. Whichever is most convenient for you!

If you’re looking for the best Durham Mortgage advisor, your search is over!

Get Advice on Durham Mortgages 

Protection & Insurance In Durham

Free Credit Report For Durham Residents

MORTGAGE ADVISORS DURHAM

As a fully independent mortgage broker, we have access to over 100 lenders and thousands of mortgage products. We can find the best mortgage rates for you, even when your bank has rejected you.

Our team of 12 advisors have a combined experience of over 250 years in helping people secure mortgages on houses, buy-to-lets, flats, apartments and commercial properties.

We understand that finding time for appointments can be difficult, which is why we can be flexible and meet you in your own home if that is more convenient than coming to our offices. We also offer evening appointments to make it as easy as possible to get an appointment booked in.

DURHAM MORTGAGE SERVICES

We offer a range of mortgage services to help you achieve your homeownership goals. Whether you’re a first-time buyer, looking to remortgage, or interested in buy-to-let, our team of experts is here to help.

For first-time buyers, we can guide you through the process and help you find the right mortgage for your needs. We’ll work with you to understand your budget, assess your eligibility, and help you navigate the complex world of mortgage products.

If you’re looking to remortgage, we can help you save money on your monthly repayments or raise money for other expenses. We can also assist with Right to Buy mortgages, which allow eligible council and housing association tenants to buy their home at a discounted price.

For those interested in investing in a buy-to-let property, we can provide expert advice and guidance on the best options available. We can also assist with mortgages for new build properties, ensuring that you have the right mortgage for your unique situation.

At The Original Mortgage Company, we understand the importance of protecting your family’s financial future. That’s why we offer life and critical illness cover to provide you with peace of mind and protection against unforeseen events.

Average Property Price in Durham

£206,403

Crime Rate In Durham

97/1000

%

Customer Satisfaction

Durham Population

552,100

WHAT MAKES US DIFFERENT FROM OTHER LENDERS?

Are you tired of your bank making you feel like just another number? We pride ourselves on providing a personalised, client-focused experience that sets us apart from traditional banks.

One of the biggest differences between us and banks is that we have access to thousands of mortgage products from over 100 lenders, and our expert advisors can compare them to find the one that is right for you. This means that we can offer you a wider range of options than most banks, and can help you find the best mortgage deal for your unique circumstances.

At The Original Mortgage Company, we also handle all of the legal paperwork associated with your mortgage, including liaising with your mortgage lender and solicitors. This means that we can help you navigate the often complicated process of obtaining a mortgage, making it simpler and less stressful for you.

 

MY BANK REJECTED MY MORTGAGE APPLICATION – CAN YOU HELP ME?

Yes, we can (probably) help you if your bank has declined you for a mortgage. Your bank will have a very limited pool of mortgage products to offer you. These products are typically only suited for the ‘average’ buyer with ‘good’ credit. 

All lenders have different criteria, credit scoring and affordability. Just because one says no, does not mean all will. Unlike banks, we have access to the entire range of mortgage deals on the market.

Chances are, we’ll be able to find a mortgage deal that can suit your needs. We offer a free mortgage suitability review to find out more about your circumstances and needs. Contact us today to book yours.

Our team of advisors has over 250 years of combined industry experience, so we’ve seen and helped clients with a wide range of scenarios – and we want to help you.

HOW MUCH DOES A MORTGAGE BROKER COST IN DURHAM?

Durham mortgage brokers will vary in price depending upon what you need. We offer a free mortgage review to find out exactly how we can help you, give you some some practical advice and then take things from there.. One of our friendly mortgage advisors will come and meet you in your home to discuss your circumstances and find out what your requirements are.

From here, our team will do their homework to find the best lenders that will offer you a mortgage.We’ll report back with the best deals, and if you decide to go ahead with an application at this point, this is when we will discuss our fee.

This means you only pay for our services if you move ahead and let us secure a mortgage for you.

Our advice can save you hundreds compared to other mortgage advisors in Durham, and the deals we can secure could save you £000’s!

As a mortgage is secured against your home, it may be repossessed if you do not keep up the mortgage repayments

For information on how we’re paid for mortgages click here.

BUYING A PROPERTY IN DURHAM

If you’re considering buying a property in Durham, you’ll be pleased to know that there are plenty of options available to suit a range of budgets and lifestyles. There are quite a few different areas in Durham to choose from, each with their own unique character and charm.

The city centre is a popular choice for those looking to be close to the action, with a range of shops, restaurants, and cultural attractions on offer. The Viaduct area, located just outside the city centre, is also popular among young professionals, with its trendy bars and cafes.

For families, areas such as Belmont and Gilesgate offer good-sized family homes at more affordable prices, while areas like Newton Hall and Pity Me offer a mix of family homes and flats. The nearby village of Chester-le-Street is also a popular choice, with a range of family-friendly amenities and good transport links.

Durham is also a popular option for landlords, looking to invest in rental properties to make a passive income from student accommodation.

When it comes to property types, Durham offers a range of options to suit different needs and budgets. From historic Victorian townhouses and period properties to modern apartments and new-build homes, there’s something for everyone.

According to Zoopla, a terraced house in Durham can cost an average of around £191,236 while a semi-detached house can cost around £195,912. As would be expected, most detached properties tend to be more expensive, with an average cost of around £300,511. Apartments are also available for those who don’t need a large living space and the average price of a flat is much cheaper than any of the other property types in Durham, with an average cost of around £120,235.

There’s a lot of variety to pick from, so if you’re looking to buy a property in Durham, make sure to find out how much you can borrow and what your budget is before you start booking property viewings.

LIVING IN DURHAM

Whether you’re a history buff, a culture vulture, or an outdoor enthusiast, Durham has something to offer everyone. From the majestic Durham Cathedral and Castle, a UNESCO World Heritage Site, to the bustling city centre filled with shops, restaurants, and cultural attractions, there’s never a dull moment in Durham.

One of the most iconic attractions in Durham is the cathedral and castle, which date back over 900 years. The cathedral is renowned for its stunning architecture, impressive stained glass windows, and rich history. The castle, which was originally built as a fortress, now houses Durham University’s prestigious Palace Green Library.

Durham also offers a range of cultural attractions, including the Gala Theatre, which hosts a variety of plays, music performances, and comedy shows throughout the year. The Durham Art Gallery is also a must-see, featuring a range of contemporary and classical art exhibitions.

If you’re an “out-doorsy” type, Durham has plenty to offer. The city is surrounded by beautiful countryside, including the North Pennines Area of Outstanding Natural Beauty, perfect for hiking, cycling, and exploring. Durham also boasts a number of parks and gardens, including Wharton Park and Crook Hall Gardens.

In addition to its attractions and natural beauty, Durham is also known for its annual events. The Durham Regatta, which takes place in June, is one of the oldest rowing regattas in the world and draws thousands of visitors each year. The Durham Miners’ Gala, which takes place in July, is another popular event, celebrating the city’s mining heritage with a parade, music, and family-friendly activities.

COST OF LIVING IN DURHAM

Durham has a higher cost of living than other areas in the North East such as Middlesbrough, Stockton, Hartlepool, Redcar and other parts of Teesside. It’s important to note that the city has a diverse range of living options, from affordable student housing to luxurious apartments and homes. The cost of housing in Durham can vary depending on the location and the size of the property. 

If you’re looking for a buy-to-let mortgage so that you can rent property out, here are some ballpark figures for Durham. A one-bedroom apartment in the city centre can range from £600 to £900 per month, while a three-bedroom house in the suburbs can cost anywhere from £800 to £1500 per month. Additionally, the cost of utilities such as electricity, gas, and water can range from £100 to £200 per month, depending on usage. 

Durham has standard supermarkets, so the cost of food shopping is comparable to elsewhere in the country. However there are a number of restaurants in the city centre, with a mid-range restaurant meal for two costing around £40 to £60 on average. Higher end non-chain establishments could easily double this.

Overall, the cost of living in Durham can vary depending on individual lifestyle choices and circumstances. However, with a range of living options, affordable grocery stores and restaurants, and accessible transportation, Durham can be an affordable and enjoyable place to call home.

TRANSPORT LINKS IN DURHAM

Durham has an excellent transport infrastructure, making it easy to get around the city and the wider region. The city’s main train station is located in the heart of the city centre and offers regular services to destinations across the country, including London, Edinburgh, and Manchester.

For those who prefer to travel by bus, Durham has a well-connected network of local and regional bus services. The city’s main bus station is located in the city centre and offers services to destinations across the region, including nearby cities such as Newcastle and Sunderland.

No car, and not a fan of getting on the bus? You’re in luck. Durham is a very walkable city.. The city centre is compact and easily navigable on foot, and many of the city’s attractions and amenities are located within easy walking distance of each other. Cycling is also a popular mode of transportation in Durham, with a number of dedicated cycle paths and lanes throughout the city.

For those who need to travel further afield, Durham has excellent road links to nearby cities and towns. The A1(M) motorway runs just to the east of the city, providing easy access to Newcastle, Leeds, and other major cities in the region.

SCHOOLS IN DURHAM

Durham is home to a variety of excellent educational institutions, ranging from primary schools to top-tier universities. For families looking to move to Durham, there are a number of high-quality primary schools to choose from, including St. Margaret’s CofE Primary School, Gilesgate Primary School, and St. Oswald’s CofE Primary School.

At the secondary school level, Durham has several outstanding options, including Durham Johnston Comprehensive School, which consistently ranks among the top schools in the country, and Durham School, a prestigious independent school with a history dating back to the 14th century.

For those interested in further education, Durham has a number of excellent colleges, including New College Durham, which offers a wide range of vocational courses and apprenticeships, and Durham Sixth Form Centre, which specialises in A-level education.

Of course, one of the most well-known educational institutions in Durham is Durham University, a world-renowned institution that is consistently ranked among the top universities in the UK. Founded in 1832, the university has a long and storied history, and is particularly known for its excellent research programs and beautiful historic campus.

LET’S GET YOUR MORTGAGE IN DURHAM SORTED

The Original Mortgage Company are here to help make the process of buying a property in Durham as easy as possible for you. We’re confident that our friendly team of mortgage experts will be able to find the best possible mortgage rates and providers available to you.

One of the key documents required before you can make your offer on your next home is an Agreement in Principle from a mortgage lender that gives an indication for how much you can borrow from the lender. Our team has extensive experience working with lenders and can offer advice to you on the appropriate amount of deposit that is required for you.

If you are moving home and have already experienced the house buying process, our team can assist you in all the options available to you from your current mortgage provider as well as other lenders on the market. We can also liaise with the estate agents, solicitors and builders on your behalf to update them on the progress of the application.

What are you waiting for? Stop your search for ‘Mortgage Broker Durham’ and give us a call!

Book a free consultation

Once you click submit, a member of our friendly team will contact you to book the best date and time to discuss your requirements.

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