Prospect Mortgage

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Isle of Wight - Mortgage & Insurance Services

We are Independent Mortgage Brokers, proud to offer expert advice and personal, professional services.

We specialise in helping first-time buyers, families, and businesses with mortgages, insurance, and more. Prospect Mortgage Services is an Isle Of Wight based mortgage company providing excellent advice and arrangement of Mortgages, Insurances and other related services. Included in our Professional Service is:

Home Visits
Evening Appointments
Interview Office
Free Advice
Free Parking
Free Tea & Coffee Facilities

We even have a friendly dedicated team who will keep you updated on the progress of any application so you don't have to worry about whats going on all the time.

28/10/2026

We’re proud to share we have almost 600 five-star verified reviews. ⭐️

Choosing a mortgage can feel like a big thing to navigate, so having the right support along the way really matters.

We’re proud to be a local mortgage company that people feel comfortable turning to, whether they’re buying their first home, moving house or looking for advice on their existing mortgage.

Seeing so many clients take the time to leave us a review is something we never take for granted. It’s lovely to know that the time, care and support we put into helping people makes a difference.

Thank you to everyone who’s shared their experience and recommended Prospect Mortgages. We really appreciate you being part of our journey.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

26/10/2026

Renting vs buying. How do you know when the time is right to buy? 🏡

Renting can give you flexibility, while buying a home gives you the opportunity to build equity and put down roots. But there’s more to consider than simply comparing your rent with a mortgage payment.

From saving for a deposit and covering the additional costs of buying to understanding what you could realistically afford each month, it’s important to look at the full picture.

And while buying a home is a goal for many people, it’s not something you need to rush into. Everyone’s circumstances are different, and what works for one person might not be right for another.

If buying is something you’ve been thinking about, the Prospect team can help you understand your options and work out what might be possible for you.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

21/10/2026

It’s not always easy to think about the unexpected.

Between work, family and everything else life throws at us, protection insurance can easily slip to the bottom of the to-do list.

But taking a little time to think about how you and your family would manage financially if circumstances changed can make a real difference.

Whether it’s life insurance, critical illness cover or income protection, there are different ways to help protect yourself and the people who matter most. The right option will depend on your circumstances, what you want to protect and what you can afford.

We’ve got an insurance calculator that can help you explore how much cover you might need and get an idea of the potential cost.

🔗 Take a look here: https://prospectmortgage.prequo.uk/ #/

Our Protection Team is also here to help you understand your options and find cover suited to your needs.

Because protecting your future is worth thinking about today.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

19/10/2026

Another lovely review from one of our clients!

We’re so pleased we could help make the mortgage process a little easier and support them through to the finish line.

Thank you for taking the time to share your experience with us - it really does mean a lot to the whole team.

If you’re thinking about your next move and want to chat through your options, our advisers are always happy to help.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

14/10/2026

There’s a lot of misinformation around equity release, particularly when it comes to lifetime mortgages.

From who owns your home to inheritance, repayments and what happens when you move, there are plenty of common misconceptions.

We’ve put together some of the most common myths and the reality behind them.

If you’re considering equity release, it’s important to get advice based on your own circumstances and understand the options available to you.

📞 Speak to the Prospect team to find out more.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

12/10/2026

Have you explored our new website yet? 👀

We’ve got a whole host of useful online tools to make researching your mortgage and financial options a little easier, including but not limited to:

🏠 Unique Decision in Principle Tool
Get an initial idea of how much you could borrow and work through your Decision in Principle online.

🌉 Bridging Loan Pricing Tool
Explore your options if you’re considering bridging finance.

🛡️ Online Protection Journey Tool
Our online protection journey helps you explore your protection needs.

💷 Equity Release Pricing Tool
Find out more about your options for releasing equity from your home.

📊 Mortgage Cost Tool
Get an idea of what your mortgage could cost, with live rates.

They’re there to help you do some of the groundwork yourself, whenever it suits you - and when you’re ready, our team is here to talk everything through with you.

Head over to our new website and have a look around.

Please note: our online tools provide an indication only and do not replace personalised mortgage advice.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

07/10/2026

Reviews like this one never get old. 🙏

We work really hard to make sure every client on the Island feels properly looked after - so knowing it comes across means a lot to us.

Thank you so much for this. 🏡

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

05/10/2026

Meet Annie, one of our Mortgage Advisers! 😌

Annie originally joined Prospect in 2013 as an Administrator, before qualifying as a Mortgage Adviser in 2015. Having worked her way through the process from the very beginning, she has a great understanding of what goes on behind the scenes as well as the advice side of things.

Annie loves helping people through what can often be a stressful time, whether they’re buying a home or remortgaging. Getting to know her clients and being able to take some of the pressure away is what makes her role so rewarding.

When she’s not in the office, you’ll usually find Annie spending time with her family, especially at the beach, where she enjoys helping them learn different water sports. 🌊

Or she’ll be helping her partner Chris at The Nook Café on Shanklin seafront. ☕️

30/09/2026

Could a new scheme help first-time buyers onto the property ladder?

The Government has announced plans for a new Your First Home scheme, which could allow eligible first-time buyers in England to purchase a new-build with a 2.5% deposit, alongside a 20% government-backed equity loan.

For buyers who can afford the mortgage but are struggling to save a larger deposit, this could be welcome news.

But a smaller deposit doesn’t automatically make a property affordable.

It’s still important to look at the price you’re paying, the monthly mortgage cost and the long-term impact of the equity loan - rather than simply focusing on how little deposit you need.

The full details are expected to be announced at the Budget, so we’ll be keeping an eye on what comes next.

If you’re thinking about buying your first home and want to understand your options, the Prospect team is here to help.

The scheme has not yet been finalised. Further details and eligibility criteria are expected to be announced at the Budget. Information correct at September 2026.

Disclaimer: Your home may be repossessed if you do not keep up payments on your mortgage.

28/09/2026

Say hello to Andy, our Protection Adviser! 😌

Andy joined Prospect in 2014, coming from a background in medical publishing and medical charity management. He’s now a fully qualified Protection Adviser and heads up our insurance team, helping clients protect the things that matter most - their family, income, business and home.

What Andy enjoys most about his role is getting to know people properly. Every client is different, and he loves being able to understand their circumstances and help them put the right plans in place for whatever life might throw their way.

For Andy, knowing that the advice he gives can make a real difference when people need it most is what makes the job so rewarding.

When he’s not in the office, you’ll usually find him outdoors - camping, walking, playing golf or following his beloved Southampton FC. ⚽️⛳️🏕️

Having moved back to the Island in 2014, he’s a big fan of making the most of Island life and spending time with family and friends. 😊

Address

The Old Piggery, Cheeks Farm, Merstone Lane
Newport
PO303DE

Telephone

+441983616666

Website

http://www.prospectmortgage.co.uk/

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