Independent Mortgage Brokers in Reading
At Simmonds Mortgage Services we provide bespoke independent broker advice and support for clients in and around Reading with all of their property concerns or requests. Be reassured that our style is to guarantee the reliable and correct advice tailored to your individual situation.
Buying or Re Mortgaging your property or Investment Portfolio is no easy task in today’s climate, this why dealing with an impartial, whole of market mortgage broker with experience is crucial.
You can review what our past clients have said about us by visiting Vouched for and Google to see our five star reviews.
Why choose to get a mortgage in Reading?
Reading is a bustling and diverse town located in the heart of Berkshire. In recent years, the town has undergone significant regeneration, with new shopping centres, cinemas, and restaurants, making it a more vibrant and attractive place to live, work, and visit. Reading also has several outstanding schools, including Kendrick School and Leighton Park, making it an attractive location for young families.
Reading is well connected via the M4 motorway and has a direct train service to London Paddington, making it a popular destination for commuters. The town has a thriving property market, boasting a eclectic range of properties such as elegant period homes, modern apartments, townhouses, and desirable new-build developments, such as those along the River Kennet.
With its burgeoning cultural and business communities, fantastic amenities and excellent transport links, Reading is an exciting and rapidly developing town with great potential for property investment and comfortable living. If you are looking to move to or invest in the area, then contact Simmonds Mortgage Services.
As an independent mortgage broker, we take a whole-of-market approach, meaning that we are only motivated to find you the very best deal. To book a consultation, please get in touch.
How can our mortgage brokers and advisors help you in Reading?
At Simmonds Mortgage Services, we are a highly qualified and expert team, committed to helping you get a complete understanding of the options and plans available to you and making the process of applying for a mortgage or a protection scheme easier!
First-time buyer mortgages in Reading
Buying your first home comes with plenty of questions. How much can you borrow? What deposit will you need? When should you arrange a mortgage? We’ll help you understand your budget before you commit to a property. Once you’re ready, we can support you with an agreement in principle and your full mortgage application, explaining what happens next at each stage.
Explore our first-time buyer mortgage advice
Remortgage advice for Reading homeowners
If your current mortgage deal is ending, it’s worth reviewing your options before deciding what to do next. We’ll compare suitable deals and consider whether switching lenders or taking a new product with your existing lender makes sense. That means looking beyond the headline interest rate to fees, early repayment charges and the overall cost.
Find out how we help with remortgaging
Mortgages for your next move
Moving within Reading or relocating to the area? We’ll help you understand how your existing mortgage fits into your plans. You may be able to transfer your current mortgage to another property, subject to your lender’s approval. Alternatively, a new mortgage might be more suitable. We’ll explain the options, review any additional borrowing and help you plan the mortgage side of your move.
Read about our home mover mortgages
Buy-to-let mortgages in Reading
Whether you’re buying your first rental property or reviewing an existing portfolio, we’ll help you assess your borrowing options. We look at the property, expected rental income and your wider circumstances before researching suitable lenders. We can also help with more specialist applications, including limited company buy-to-let and houses in multiple occupation.
Explore our buy-to-let mortgage services
Mortgages for self-employed applicants
Being self-employed doesn’t automatically mean you need a specialist mortgage. Often, the important part is finding a lender whose approach to income suits your circumstances. We help sole traders, freelancers and company directors understand how lenders may assess their earnings. We’ll explain the paperwork required and help present your application clearly.
Get advice on self-employed mortgages
Mortgage advice for contractors
Your income might come from a day rate or a series of contracts rather than a regular salary. That doesn’t mean a mortgage is out of reach. We work with lenders that consider contractor income and can assess whether your contract rate or another income calculation is appropriate. We’ll review your working arrangements and explain what evidence a lender is likely to need.
Find out more about contractor mortgages
Real mortgage experience in Reading
Local mortgage advice should be backed by real examples. Here are two Reading cases that show how we approach applications when a straightforward lender search isn’t enough.
Supporting first-time buyers with a credit-history challenge
We supported these Reading buyers for more than a year while they searched for a home. As they viewed different properties, we reviewed the mortgage options against their circumstances and budget. When they found the right property, a recent credit issue needed careful attention. We researched the credit history and lender requirements before placing the application with a lender that could consider their situation.
“Really appreciated the professionalism and responsiveness over the last 12 months, all the way to the finish line.”
Client testimonial from our Reading case study
Helping a self-employed tenant buy their home
A self-employed client in Reading had the opportunity to purchase their council home through Right to Buy. However, their application was complicated by self-employed support grants received during the pandemic. We researched lenders’ requirements and found an option that could accommodate both the Right to Buy purchase and the client’s income circumstances.
“They are very friendly and knowledgeable.”
Client testimonial from our Reading self-employed case study
These examples reflect individual cases and the lending criteria at the time. Your options will depend on your circumstances and current lender requirements.
Meet the mortgage advisers helping our Reading clients
Knowing who is handling your mortgage matters, particularly when your income or circumstances need more explanation. Andrew Simmonds and Daniel Temperley help you understand the options and support you through the application. Our team is based in Wokingham and serves clients across Reading, with advice available by phone and meetings by appointment.
Andrew Simmonds
Founder and mortgage adviser
Andrew began his financial planning career in the early 2000s. He went on to build and run a mortgage division before founding Simmonds Mortgage Services. He holds CeMAP and the IFS Level 3 Certificate in Equity Release. His work includes mortgages for self-employed applicants, company directors and landlords, alongside later-life borrowing. If your income is difficult to explain or a previous application has been declined, Andrew can investigate the circumstances and help you understand what may be possible.
Daniel Temperley
Mortgage broker and adviser
Daniel advises on residential and buy-to-let mortgages, helping first-time buyers, homeowners reviewing their borrowing and landlords buying or refinancing property. He explains what lenders need, supports the application and keeps clients informed as it progresses. Whether you are buying your first home in Reading or planning your next move, Daniel can help you work through the mortgage questions before you commit.
Speak to us about your plans
You do not need to know which mortgage you need before calling. Tell us about your plans, income and any concerns, and we’ll explain the next step.
Book a free initial mortgage chat or call 0118 469 3037.
Frequently Asked Questions
Are you based in Reading?
Our office is in nearby Wokingham, and we provide mortgage advice to clients in Reading and the surrounding area. You can speak to us by telephone or contact us to discuss appointment arrangements.
How much does your mortgage advice cost?
An initial conversation is free. If you proceed, a mortgage arrangement fee may apply depending on your circumstances. Our typical fee is £499, payable after your mortgage offer is confirmed. We’ll explain the applicable fee before you proceed. Different fees apply to lifetime mortgages.
Should I speak to a mortgage broker before finding a property?
You can, and it can help you start your property search with a clearer budget. We’ll review your income, commitments and available deposit to assess your borrowing options. An agreement in principle can help demonstrate your position to an estate agent, but it isn’t a guaranteed mortgage offer. A full application remains subject to the lender’s checks and assessment of the property.
Can you help if I’m self-employed or paid through a limited company?
Yes. We help self-employed applicants and company directors find lenders that can assess their income appropriately. The documents needed depend on your circumstances and the lender. These may include accounts, tax calculations, tax year overviews and bank statements. We’ll explain what’s required for your application.
Can you help if a lender has declined my mortgage?
We can review the reasons for the decision and assess whether another lender may be suitable. Different lenders have different requirements, so one decline doesn’t always mean every lender will reach the same decision. We can’t promise an approval. We’ll give you an honest assessment of your options and explain if anything needs to change before applying again.
Do I need to switch lenders when my mortgage deal ends?
Not necessarily. You may be able to choose a new deal with your current lender through a product transfer, or remortgage with another provider. We’ll help compare suitable options, including the interest rate, fees and any early repayment charges. The right choice depends on the overall cost and your circumstances.
Let’s talk about your mortgage
Buying in Reading, planning your next move or reviewing your current mortgage deal? Tell us what you have in mind. We’ll listen, answer your questions and help you understand your next steps. Call 0118 469 3037 or contact Simmonds Mortgage Services for an initial conversation.
