4 Best Paignton Mortgage Brokers & Advisors (2024)

Below we look at the 4 “best” mortgage brokers and advisors in Paignton.

For more on how we chose the best please consult our FAQ section at the end.

Please not the following listings are in no particular order and we are not making any recommendations for any particular broker or advisor. Nor are we making any other financial recommendations. 

Signal Financial Services Ltd

Description from the business: Not Available

Additional Services:

Financial Advisor

Address: 1 Freshwater Dr, Paignton TQ4 7SB

Signal Financial Services Ltd website

Review Score: 5
Number of Reviews: 1
Read Reviews

Mermaid Mortgages

Description from the business: We are South Devon based and offer bespoke whole of market advice in the comfort of your own home, online, or by telephone.

We take pride in our expert and personal service with almost 40 years of financial services experience, and your initial consultation is completely free of charge.

Mortgage broker and mortgage advisory services.

Additional Services:

None Listed

Address: 45 Dolphin Ct Rd, Paignton TQ3 1AG

Mermaid Mortgages website

Review Score: 5
Number of Reviews: 42
Read Reviews

Mr Mortgages

Description from the business: Independent Mortgage and Insurance brokers, local, friendly and experienced

Additional Services:

Home Insurance Agency

Life Insurance Agency

Address: The Milk Bottle, 99 Torquay Rd, Paignton TQ3 2SE

Mr Mortgages website

Review Score: 5
Number of Reviews: 248
Read Reviews

The Mortgage Cube

Description from the business: Independent Mortgage and Protection Advice

Additional Services:

Insurance broker

Address: 60 Torquay Rd, Paignton TQ3 3AA

The Mortgage Cube website

Review Score: 5
Number of Reviews: 198
Read Reviews

How Did You Pick The Best Mortgage Advisors In Paignton?

We started with a dataset of 5 listed Paignton mortgage brokers & advisors we could find via Google Maps.

From there, we removed any listing that did not meet the following criteria.

• Had no website
• Had no reviews
• Had an average review score below 4.0

At this point if we had 17 or fewer brokers we listed all of them.

For cities where we were left with more than 17 brokers we made further revisions by either increasing the required review score (e.g. going from a minimum of 4.0 to 4.9) and/or increasing the minimum number of required reviews (e.g. going from at least 1 review to at least 10).

In our view a broker which has 100 5* star reviews is likely more accurate than one which only has a single 5* review.

Note we only used review data from Google Maps and not any other third-party websites.

How much do Paignton mortgage brokers charge?

Mortgage brokers in Paignton will most likely charge based on either a fee or commission structure.

It’s important you ask how they’ll get paid before choosing them as it may affect what products you’re offered and how much you ultimately end up paying.

According to Unbiased the average fee in the UK is £500, while the average commission is 0.35% of loan size. Or £350 per £100k borrowed (although you most likely won’t pay this directly).

For more you can also read out guides:

• How much do mortgage advisors & brokers cost?
• How do mortgage brokers & advisors get paid?

Can all the Paignton mortgage brokers listed above help me with my mortgage needs?

That depends on what you’re looking for. Most mortgage brokers tend to specialise in a particular section of the mortgage market.

Therefore while a residential mortgage broker might be able to help you secure a buy to let mortgage it might not be the best one on the market.

Therefore, you might want to consult a website like Unbiased, Loan.co.uk or Bark who can help find the right broker for your needs.

Brokers In Other Cities

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