Julian Wetherall

Independent Mortgage and Protection Broker

Being completely independent, I am in a position to recommend mortgages and life insurance policies from the whole of the market, ensuring that you get the very best deal for your specific needs.

Having spent 35 years in business I bring a wealth of knowledge and experience to advising and guiding you through the mortgage and protection process. I am happy to support you at every stage of this process whether this be in person, online or via telephone or video conferencing in order to secure the products that are best suited to you.

I work with My Mortgage Brokers Limited who are governed by the Financial Conduct Authority and I am fully CeMap & CeRer qualified along with being a Member of the London Institute of Banking and Finance.

My intention is to make the process as straightforward and efficient as possible to save you both time and money.  Whilst I am based in the North West of England, I regularly work with clients throughout the UK.


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Mortgage Lenders

I OFFER

Mortgages & Loans

When moving home finding the right mortgage and arranging it quickly is essential. As an independent adviser, I can help you get the best deal that’s right for you and also help you with the following:

  • Discover how much you could afford to borrow and the fees you will pay
  • Source the best options from the market not just your current lender
  • How much your monthly mortgage payments are likely to be

Don’t forget the importance of impartial advice!

You may be tempted to go back to your existing lender however it is important to remember they will only be able to tell you about their mortgage products. There could be a better option for you with another lender potentially saving you money.

Call today to find out more – 01244 794133

Why Remortgage?

Your existing mortgage deal may be coming to an end and you’re about to move onto the lenders standard variable rate which could result in an increase in your monthly mortgage payments.

Remortgaging before your term ends could potentially save you money by switching to another deal or another lender. There are plenty of reasons why you might want to consider a remortgage, perhaps you want to cover the cost of home improvements or pay off more expensive debts.

Whether you’re becoming a landlord for the first time or you’re looking to expand an existing portfolio you will need to take out a buy to let mortgage rather than a standard residential mortgage. A buy to let mortgage is specifically for people who are buying a property to rent out to a tenant or tenants.

How do buy to let mortgages differ from residential mortgages? :

  • Interest rates are usually higher on buy to let mortgages compared to residential
  • Whereas for residential mortgages your deposit could be as little as 5% of the property value you will have to pay at least 25% for a buy to let mortgage.
  • Unlike a standard mortgage, where the amount you can borrow is linked to your income, with a buy to let mortgage, the lender will instead look at how much rent you could make from the property on which the mortgage is secured.

I can help you arrange a bespoke buy to let solution that’s tailored to you. Call me today on 01244 794133

Equity Release products are designed for people over 55 to take cash value from their homes without having to move. There is a wide range of Equity Release products which can provide a valuable source of income for some people.

These schemes allow the borrower to stay in their home and benefit from the cash released from the equity of their property until certain events occur for example moving into long-term care or death. At this point the lender will be repaid, usually through the sale of the property.

There are different types of Equity Release Scheme, some of which mean ownership or part-ownership of the property passes to the Equity Release provider and others where a cash sum is drawn from a promise to repay the lender on the sale of the property. It is important if you are considering an Equity Release scheme to understand the differences between these scheme types and this is something we can help you with.

Equity release can be very useful in some circumstances but it is essential to seek advice on whether it is suitable for you. I will help you understand if it is the right option for you, so please get in touch if you are considering an Equity Release scheme. I am an expert in this market and will make sure you receive the right advice.

AN EQUITY RELEASE PRODUCT WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFITS. TO UNDERSTAND THE FEATURES AND RISKS PLEASE ASK FOR A PERSONALISED ILLUSTRATION

If you take out a lifetime mortgage, you are taking out a loan secured on your home which does not need to be repaid until you die or move into long-term care.

Unlike other types of Equity Release scheme, your home still belongs to you but you are obliged to repay the loan when certain conditions are met – death, moving into long-term care or if the terms of the mortgage are broken.

The lender can give you a lump sum or you can withdraw funds in stages. Interest is paid on this amount on an on-going basis or the interest can be ‘rolled up’ and paid together when the loan is repaid.

The loan is repaid from the proceeds of your home when sold. If there is any surplus from the sale it would be available to your beneficiaries or estate. If the value of the property is lower than the loan and interest which as accrued it is usual to have agreed a ‘no-negative-equity’ guarantee with the lender so that you would not have to pay back the value of your home.

As with all Equity Release schemes it is very important to get advice on whether the scheme is right for you. Please talk to me to find out more and ensure you get the advice you need – call me on 01244 794133

Bridging loans are a short term funding option typically used by property buyers to ‘bridge’ the gap when buying a new property and waiting for a traditional mortgage to be approved or capital to be released from the sale of their current home.

Bridging Loans are most commonly used to help fund a new house purchase while you’re waiting for your existing property to sell. Bridging loans can also be used for a variety reasons such as major structural home improvements, divorce, inheritance planning, renovation projects or auction properties.

To find out more contact me.

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Mortgage Lenders

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Insurance Companies

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Protection & Insurance

What is it?

A Term life insurance plan is the most basic form of life insurance and is usually the cheapest way to insure your life. It covers you for a fixed period and pays out a one off lump sum if you die during the policy term.

With some term insurance policies you can add additional options, for instance critical illness cover. If you do add on critical illness cover, the plan will pay out once on diagnosis of a qualifying critical illness or if you die during the term of the policy.

Who is it for?

This type of plan is designed for those who want to leave a lump sum in the event of their death within a specified time period whilst keeping the cost to a minimum. Term assurance can protect your family from the financial implications of a personal tragedy and is particularly important if you have young children or dependents. It can be used to cover a mortgage, other loan or to ensure that your family is protected from the effects of having to repay a debt after the main breadwinner has passed away. As an independent financial advisor, I can help you find the plan that best meets your requirements.

To find out more contact me.

What is it?

A Critical Illness plan is designed to pay out a lump sum on the diagnosis of certain specified illnesses. It is often ‘bolted on’ to a life assurance policy as an additional benefit but can also be a standalone plan.

Who is it for?

This type of plan is designed for those individuals or families whom want a lump sum if they are diagnosed with a serious illness. As an example of where this lump sum could be used is to repay a loan, mortgage, or perhaps pay for time off work. The lump sum could even be used to pay for any necessary alterations to your home.

The quality of cover and the illnesses covered can vary significantly between different providers. As an independent financial advisor, I can help you find the plan that best meets your requirements.

To find out more contact me.

What is it?

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).

This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.

Who is it for?

This type of plan is designed for anyone whom is working (employed or self employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have. As an independent financial advisor, I can help you find the plan that best meets your requirements.

To find out more contact me.

You never know what’s around the corner

None of us can predict when redundancy, an accident or sickness may strike – but there’s a simple way you can get peace of mind.

Protect more than your mortgage or rental payments

A Short-Term Income Protection insurance policy typically runs for 12 months and has to be renewed every year. It can help you to maintain your standard of living if you can’t work due to an accident or sickness or if you become unemployed through no fault of your own (involuntary unemployment).

You could receive up to 65% of your gross monthly income for up to 12 months, protecting more than just your mortgage or rent payments and helping you to meet your other financial commitments.

To find out more contact me.

A type of insurance called family income benefit (FIB) can help to provide a regular income for your dependents.

Most families, couples or co-habitants rely on at least one regular monthly salary to cover regular household spending. How would your household replace this if one partner died?

For peace of mind, many people choose a type of family life insurance called family income benefit (FIB).

What is family income benefit?

This type of family life insurance is one of a set of policy types known as term life insurance. A FIB policy runs for a set time known as the term. If you die within this period, it pays out a regular tax-free income until the term ends.

To find out more contact me.

If you have a mortgage, your lender will insist that your property (and their security) is protected by buildings insurance. It usually pays out if your property is destroyed by fire, floods or subsidence (although you will need to check if you live on a flood plain, for example). Damage to fixed fittings such as baths and kitchens are often included, as well as sheds, greenhouses and garages.

You might be offered buildings insurance when you take out your mortgage, but you don’t have to take what’s on offer. Use the key policy information to shop around and get the best deal for you.

If you purchase a leasehold property (such as a flat in a block of flats) the freeholder may have arranged buildings insurance for the whole block, in which case you may not need your own buildings policy.


What isn’t covered?

Your cover is based on what your home would cost to rebuild. You can check whether you have enough buildings insurance through the Building Cost Information Service (BCIS) website. It has an online tool to help you calculate the sum you should insure your building(s) for, in case your home has to be entirely rebuilt.

You need to tell your insurer if you extend your property, for example with a loft conversion or conservatory. Your belongings are not covered – these need to be covered separately with contents insurance – see Contents insurance.

Keeping costs down

As always, shop around. You may also find that you get a better deal if you buy buildings and contents insurance together. Most policies have a standard excess charge which means you agree to pay the first part of any claim, for example the first £50 or £100. If you agree to pay a higher excess you might get a cheaper policy. Always compare what’s covered by a policy, not just the price – the key policy information will help you do this. Some might be cheaper than others, but they may not offer the same level of protection.

Benefits can include:

  • Accidental Damage Cover
  • Building Cover
  • No Claims Discount
  • Legal Liability
  • Metered Water
  • Loss of rent or costs for alternative accommodation

To find out more contact me.

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Get in touch today

Whether you are looking for a new home, remortgaging or releasing equity from your home,
I can help find you the best deal possible. 

Contact Me

Get in Touch

You can contact me up to 8pm – call on 01244 794133 or 0203 633 9267 or email at Julian@mymortgagebrokers.co.uk
or fill out the form below and I will be in touch to discuss your requirements.