Scout Financial Services

Mortgage and protection advice in Watford

Scout Financial Services is a mortgage and insurance advisory firm based in Watford (United Kingdom). The company presents itself as an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited, entities authorised and regulated by the UK Financial Conduct Authority.

Its activity focuses on helping clients choose the right mortgage and protection by searching among thousands of deals from over 90 lenders. The service is supported by a personal broker who guides the user throughout the process.

Mortgage and protection search

The main service consists of finding and comparing mortgages and protection products. The company states that its broker searches among thousands of deals from over 90 lenders to tailor the recommendation to each profile. It also offers the possibility of requesting a call back to start the advice process.

Mortgage calculation tools

The website brings together several calculators aimed at financial planning:

• Borrowing amount calculator, to estimate the maximum mortgage amount.
• Repayment calculator, to estimate the monthly payment based on term and interest rate.
• Stamp Duty calculator.
• Land and Buildings Transaction Tax calculator.
• Land Transaction Tax calculator.

It also allows you to obtain a Mortgage in Principle to find out how much a lender could lend.

Relevant information for the client

The firm warns that the home may be repossessed if payments are not kept up. It also notes that a fee for mortgage advice may apply, the amount of which depends on individual circumstances and can be up to 1%, with a typical fee of £599.

Corporate details

Scout Financial Services Limited is registered in England with number 9906155. Its registered office is at Meridian House, Wheatfield Way, Hinckley, Leicestershire LE10 1YG.

Location and contact

Meridian House, Wheatfield Way, Hinckley, Leicestershire LE10 1YG