Mortgage 4

Face-to-face mortgage advice in Enfield

Mortgage 4 presents itself as a mortgage advice service built around in-person guidance, positioning its work as a way to remove stress from the mortgage search. The firm states that it serves first-time buyers, people buying an investment property and those purchasing a forever home, and describes the process it offers as simple and straightforward.

The operation trades under the name Mortgage 4, which is a trading name of Robert Sterling Financial Services Limited. That company is an appointed representative of Mortgage Advice Bureau Limited, and both are described as authorised and regulated by the Financial Conduct Authority.

Digital tools for planning a purchase

Alongside adviser-led advice, the site groups a set of mortgage calculators intended to give users an early idea of costs and capacity before speaking to an adviser.

• Repayment calculator, which produces an indicative value of monthly repayments; the firm notes that a more accurate figure requires an adviser to review monthly incomings and outgoings.
• Borrowing amount calculator, which estimates how much a user could borrow from a few key details.
• Stamp Duty calculator.
• Land and Buildings Transaction Tax calculator.
• Land Transaction Tax calculator.

The presence of the two devolved property transaction taxes reflects the different regimes that apply across the UK.

The Home Buying App

Mortgage 4 also promotes a Home Buying App, described as a digital mortgage coach designed to help users save up, plan and track their home buying journey. The tool is presented as suitable both for a first purchase and for a subsequent move, and is framed as a way to become "mortgage ready".

Financial risk assessment

The site lists a financial risk assessment among its resources, alongside the calculators and the app, as part of the material it makes available to prospective borrowers.

Fees and regulatory warnings

The firm discloses that a fee may apply for mortgage advice, with the amount depending on individual circumstances. The stated fee is up to 1% of the amount borrowed, with a typical fee of 0.2%. It also carries the standard warning that a home may be repossessed if repayments on a mortgage are not kept up.

Company details

Mortgage 4 is a trading name of Robert Sterling Financial Services Limited, an appointed representative of Mortgage Advice Bureau Limited. The registered office is given as Suite 222 Cuffley Point, Cuffley Place, Sopers Road, Cuffley, Hertfordshire, England, EN6 4RY, and the company is registered in England under number 08069438.