Simmonds Mortgages

Mortgage Brokers covering Berkshire and beyond

Call: 01344 225 149 or 07979 690 056

Residential Buy To Let Mortgage - Wokingham

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A new client in Wokingham got in touch with us through our website as she needed help with her recently deceased husband's residential mortgage and debt for a property based in Staines, Surrey.

Our client's husband died, leaving her with his residential property and some existing debt from loans and credit cards.

The widow first tried to remortgage the property with the current lender but unfortunately was denied due to the circumstances.

The residential home and existing mortgage were left to our client, who had no intention of moving into the area or house, so needed advice on potential options.

We advised remortgaging the property as a buy to let and also could capital raise to pay off existing credit commitments.

Not all buy to let lenders allow capital raising on mortgage for debt consolidation and the property was close to commercial units so we had to make sure the correct lender was sourced and because the property did not have tenants yet I have to make sure projected rental income could be used.

From first contact to mortgage offer it took 2 weeks.

I liaised with the chosen lenders underwriter to make sure application was correctly placed and ultimately, we completed the mortgage.


What Our Client Had To Say:

After being declined by Santander, due to unusual circumstances, Daniel was able to find a good mortgage gor me and I received an offer in less than a month! Very helpful and doesn't do the 'complicated' speak!


We can help you!

If you are looking to move house and are wanting advice and support with your current mortgage or finding a new mortgage scheme, don't hesitate to get in touch and see how we can help make the process easier for you. Call us on 01344 225 149 or 07979 690 056. Alternatively please send us an email at and see how we can help you!





Simmonds Mortgage Services is an appointed representative of Stonebridge Mortgage Solutions Ltd and can source the most appropriate cover from its panel of insurers with a free review of you overall protection and insurance needs. As with all insurance policies, conditions and exclusions will apply


What our Customers Say...

Your home may be repossessed if you do not keep up repayments on your mortgage.

Simmonds Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.

Registered Office: Simmonds Mortgage Services Ltd, Lexham House, Forest Road, Binfield, Berkshire, RG42 4HP. Registered Company Number: 1152 8784 Registered in England & Wales.

There may be a fee for arranging a Mortgage and the precise amount will depend on your circumstances. This will typically be £399.00 paid once the mortgage offer has been confirmed.

There may be a fee for arranging an Equity Release or Lifetime Mortgage and the precise amount will depend on your circumstances. This will typically be £799.00 and is due on completion of the mortgage.

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