We Are Mortgages

Whole-of-market mortgage advice from Colchester

We Are Mortgages is a mortgage and protection advisory firm based in Colchester, Essex. The company presents itself as offering whole-of-market access, meaning its advisers compare products across the mortgage market rather than a single lender panel. Its stated client base spans first-time buyers, home movers, remortgage customers, buy-to-let investors and borrowers with more complex circumstances.

The firm operates as an appointed representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. We Are Mortgages Ltd is registered in England & Wales with company number 09289044 and FCA reference 801450.

Residential, investment and specialist mortgage lines

The service range is organised into three broad areas. Residential mortgages cover first-time buyer products, home moves and remortgages. Investment mortgages include buy-to-let, let-to-buy and limited company (LTD Co.) buy-to-let arrangements. A specialist category addresses self-employed and contractor income, adverse credit histories and expat borrowers purchasing from abroad.

• Residential: first-time buyers, home movers and remortgage.
• Investment: buy-to-let, let-to-buy and LTD Co. buy-to-let.
• Specialist: self-employed, contractor, adverse credit and expat mortgages.

Protection products alongside borrowing

Beyond mortgage arrangement, the firm advises on protection policies. The product set listed includes life insurance, critical illness cover, income protection, and buildings and contents insurance. The company frames this side of the business around protecting the home and protecting the family.

Calculators and mortgage guidance

The website provides a set of free online calculators intended to give estimates before a client speaks to an adviser. These cover affordability and borrowing capacity, monthly repayments, deposit requirements, stamp duty and potential savings from overpaying. A mortgage hub also publishes explanatory material on how mortgages work, surveys and valuations, conveyancing, mortgage offers and expiry, and credit scores. Market data pages track the Bank of England base rate, CPI inflation and swap rates.

Team and track record as presented

The firm lists a team of qualified advisers and case handlers, including founder and managing director Jack Adams, director Ian Megee, several senior mortgage and protection advisers, a head of protection and progression, and a case handler. The company states that its team has helped more than 3,500 clients and arranged over £700 million in mortgages, with more than 50 years of combined experience. It also reports a 5.0 score on Trustpilot at the time of writing this profile.

Fees and referral scheme

The standard fee for mortgage advice and arrangement is £599, payable on application of a full mortgage; if paid within 48 hours of the first mortgage appointment, the fee is reduced to £499. Payment confers membership of We Are Mortgages and a 50% discount on standard mortgage application fees for future applications, based on the fees applicable at that time. For adverse credit or specialist lending cases requiring significantly more work, an additional fee of £995 may apply; the company states that this is discussed and agreed in advance and is payable only on receipt of a formal mortgage offer. No fees are payable unless the client chooses to proceed, and all fees are confirmed before proceeding.

The firm also runs a refer-a-friend scheme: both the referrer and the friend receive a £100 Love2Shop voucher once the friend submits a mortgage application. The offer applies to mortgage referrals only and is subject to terms and conditions.

Location and regulatory status

We Are Mortgages is based at Rebow House, 58B Head Street, Colchester, Essex, CO1 1PB, which is also its registered office. The firm is an appointed representative of Stonebridge Mortgage Solutions Ltd, authorised and regulated by the Financial Conduct Authority. Its standard warning notes that a home may be repossessed if repayments on a mortgage are not kept up.