What are mortgage lenders?

A mortgage lender is a bank or financial agency that provides and ensures home loans. To check your creditworthiness and ability to repay a loan, lenders use specific borrowing rules. For example, they decide on the loan's conditions, interest rate, repayment schedule, and other key information.

Even though the type of loan you choose is important, selecting the appropriate lender is also important and a mortgage advisor in London can save you money, time, and hassle. This is because it's also a large market and different types of mortgage lenders are out there and some lenders only deal with mortgage brokers.