Immediate Mortgage Solutions

Mortgage and protection advice from Solihull across the West Midlands

Immediate Mortgage Solutions is a mortgage and protection advice firm based in Solihull. Its advisers work with clients on first-home purchases, house moves, remortgaging and buying properties to let. Alongside mortgages, the firm advises on Life Cover, Critical Illness and Income Protection, presented as a way to protect both the borrower and the home.

The stated coverage area extends beyond Solihull to all of Birmingham, Redditch, Coventry, Warwick and the Cotswolds. The firm describes its approach as guiding clients through each area required, with the aim of meeting their short and long term goals.

Mortgage calculators and self-service tools

The website groups a set of calculators intended to give an initial picture of affordability and cost before speaking to an adviser:

• A repayment calculator, which produces an indicative monthly figure; the site notes that a more accurate number requires an adviser to review monthly income and outgoings.
• A borrowing calculator, where a few key details generate an estimate of how much could be borrowed.
• Stamp Duty, Land and Buildings Transaction Tax and Land Transaction Tax calculators.

Home Buying App and free mortgage monitoring

The firm offers a Home Buying App described as a digital mortgage coach that helps users save, plan and track their home-buying journey, whether for a first purchase or a move. It also promotes a free mortgage monitoring service that compares the user's current mortgage against thousands of deals and sends a monthly home report; the site states explicitly that this monitor does not constitute mortgage advice.

Fees and regulatory status

The site discloses that a fee of up to 1% of the mortgage amount may be charged depending on individual circumstances, with a typical fee of £549. It also carries the standard warning that a home may be repossessed if repayments are not kept up.

Immediate Mortgage Solutions Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, both authorised and regulated by the Financial Conduct Authority. The company is registered in England under number 08390051, with its registered office at 1623 Warwick Road, Knowle, Solihull, West Midlands, B93 9LF.