Prospect Mortgage Services is an independent mortgage company, with offices in Merstone on the Isle of Wight. We primarily advise on and arrange mortgages for people. As an independently owned company we are not tied to any single builder, estate agent or mortgage provider – which means we can provide people the best choice in mortgage options along with truly independent advice.
Our dedicated and friendly adviser team are recognised and approved by the FCA. We work hard to deliver a unique personalised service to our customers keeping them updated and supported all the way through the process.
We are also a recognised mortgage partner for the HM Government backed ‘Help To Buy’ scheme. Keeping in close two-way communication with Estate Agents and Solicitors on the Island has enabled us to provide a smooth and seamless service to customers through the mortgage application journey from beginning to end.
About us…How we differ
- Decades of experience in financial services
- Truly independent advice
- The resources to support clients
- Out of hours appointments
- Home visits
About us…Putting you first
Everyone is different. We all have different needs, different aims and are in different situations. However, most of us have one thing in common – we lead busy lives. Wouldn’t it be nice to receive honest, friendly yet professional, hassle-free advice and a solution that is genuinely best for us?
At Prospect Mortgage Services our sole aim is to deliver high quality, independent mortgage advice to our clients. Our experienced and qualified mortgage specialists will take the time to get to know your circumstances, objectives and preferences. Using purpose built software and in-depth industry experience we will do our utmost to find the most appropriate mortgage for you.
- House Purchase
- Re-mortgages
- Self-Employed
- Limited Companies
- Buy to Let or Let to Buy
- Holiday Homes
- New Build or Development Mortgages
- Shared Ownership Mortgages
- Help To Buy Specialist
About us…Helping you make the right choices
There are so many lenders, all offering dozens of different products and options from which to choose. There is repayment, interest only, endowment, pension-linked and ISA mortgages. These can be fixed, variable, capped, discounted, tracker or cash back – to name but a few. With all this to compare and consider, how can you make the right choice?
Being unbiased independent mortgage advisers we are confident that we will be of help to you.
Our objective is simple…to help people buy their homes. The home buying process and mortgage market is more complex, more aggressive, and more competitive, than ever before, but through Prospect Mortgage Services, you have access to a team, who specialise in arranging mortgages. As we are a truly independent organisation, we genuinely survey the entire marketplace before making any recommendations to you. Once you understand the proposed deal and you are happy to proceed we will submit your application after which we work just as hard to keep you informed and up to date with the progress of your mortgage and house purchase.
Today’s mortgage adviser should be working closely with your other professional advisers, such as Estate Agents, Solicitors, Accountants and Surveyors. All of these roles overlap during the purchase process, and by communicating regularly with all parties, we can try to to make the whole process smoother and more effective, and therefore less stressful for you. Result ?
About us…Making it simple
Once we have found and then recommended a suitable mortgage or insurance for you, we will ensure you are fully aware what happens next and have to hand, everything you need to complete on your property, including:
- The reasons for making our recommendations
- The repayment method & period
- The consequences of early repayment
- The type of interest rate: variable, fixed, discounted etc
- Your repayments after any fixed or discounted period
- Whether you have to take insurances with the mortgage, and if so the cost of such insurances
- The costs and fees involved with the mortgage, such as valuation, arrangement and lending fees
- Whether your selected terms can be continued if you move house
Our opening times:
Use the ‘Book an Appointment’ button to the right to come and meet one of our advisers.
| Monday | 0830-1830* |
| Tuesday | 0830-1830 |
| Wednesday | 0830-1830 |
| Thursday | 0830-1830 |
| Friday | 0830-1830 |
| Saturday | 0900-1600 |
| Sunday | Closed |
*Please note our office in Merstone is open until 1700 Monday to Friday. After this time we are available on the phone to answer queries until 1830. We are open on a Saturday during office hours for remote appointments and queries.
