Signpost Mortgages

Signpost Mortgages Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Signpost Mortgages, Mortgage brokers, 5 Station Road, Drayton, Norwich.

Signpost Mortgages provides mortgage and insurance advice.
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Your home may be repossessed if you do not keep up repayments on your mortgage.
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A lot of borrowers think flexibility in a mortgage is there as a safety net.Sometimes it is. But more often, it is what ...
03/06/2026

A lot of borrowers think flexibility in a mortgage is there as a safety net.

Sometimes it is. But more often, it is what helps people move faster financially.

We regularly speak with clients who do not fit into a perfectly predictable monthly budget.

Self-employed clients. Growing families. People planning home improvements. Buyers expecting changing income over the next few years.

For them, flexibility can matter just as much as the interest rate itself.

The ability to overpay when things are going well can reduce interest over the life of the mortgage. Some products may also allow payment holidays or access to previous overpayments, depending on the lender and criteria.

Those features are easy to overlook at the start.

Until life changes.

A mortgage should fit the way you actually live, not the way a calculator assumes you live.

That is why advice matters. Two products with similar rates can work very differently once real life gets involved.

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

The continuous rise in property prices we have seen since January has hit its first major speed bump. According to the l...
01/06/2026

The continuous rise in property prices we have seen since January has hit its first major speed bump. According to the latest data from Nationwide, average UK house prices fell by 0.6% in May compared to the previous month.

While the typical home is still 1.7% more expensive than it was this time last year, sitting at £278,024, that annual growth has slowed down significantly from the 3% pace we saw back in April.

The shift comes as global pressures continue to affect energy costs and mortgage pricing. Average two-year fixed rates ended May at 5.68%, with five-year fixes close behind at 5.63%. This rise in borrowing costs is beginning to take a bite out of homebuyer spending power, leading property experts like Savills to shift their full-year forecasts from a 2% increase to a 2% drop in prices.

It is important not to panic over these figures. What we are seeing is a natural reaction to global uncertainty, not a housing market collapse.

Nationwide’s chief economist highlighted that while interest rates have edged up, the impact on overall affordability has been relatively modest so far. Underlying swap rates are still well below the spikes we saw back in 2023. If energy prices begin to normalise over the coming months, this current dip in property values is likely to be short-lived.

Furthermore, the Bank of England is intentionally keeping a steady hand. Governor Andrew Bailey confirmed the central bank is in no rush to raise interest rates while economic growth remains soft, keeping the base rate held firmly at 3.75%. For buyers, this cooling off means less competition and a bit more room to negotiate on price, making a solid mortgage strategy essential to turning the market volatility to your advantage.

Read the full report here: https://www.theguardian.com/money/2026/jun/01/uk-house-prices-fall-interest-rates-nationwide-savills-iran-war

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

One of the quieter problems with buying a new build.People use almost all their savings getting the keys.Deposit. Solici...
27/05/2026

One of the quieter problems with buying a new build.

People use almost all their savings getting the keys.

Deposit. Solicitor fees. Broker fees. Moving costs. Furniture. Flooring upgrades the developer doesn’t include. It adds up quickly.

Then real life starts.

The first few months in a new home are usually more expensive than expected, especially for first-time buyers. Direct debits changing, higher council tax, little jobs around the house, unexpected purchases.

That’s why affordability matters more than simply borrowing the maximum available.

Just because a lender says yes to a number, doesn’t mean that number feels comfortable once you’re actually living there.

A good mortgage should still leave room for normal life.

The clients who tend to feel most confident after moving in are usually the ones who kept some breathing space in their budget, even if it meant buying slightly below their limit.

Not the most exciting advice, admittedly. But probably the advice people appreciate most a year later.

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

The mortgage market is moving in two directions at once this week, offering a real mix of opportunities depending on whe...
26/05/2026

The mortgage market is moving in two directions at once this week, offering a real mix of opportunities depending on where you look.

The most positive shifts are aimed directly at buyers with smaller savings pots. Halifax, Barclays, and Santander have all introduced rate cuts focused heavily on higher loan-to-value deals. For instance, Barclays has dropped its fee-free two-year fixed rate at 95% down to 5.5%, while Santander is cutting selected first-time buyer rates by up to 0.23%. If you have been trying to make a 5% or 10% deposit work, these targeted trims provide a much-needed boost.

On the other side of the coin, broader market pressures remain. NatWest increased most of its rates by up to 0.24% this week, and a few smaller lenders have pushed their pricing upward as well.

This divergence is being driven behind the scenes by wholesale swap rates, which lenders use to price their fixed deals. These underlying costs are still sitting around 30 basis points higher than they were last month, largely due to ongoing global market uncertainties.

Even though annual inflation dropped to 2.8% in April, the Bank of England is widely expected to hold the base rate at 3.75% at its upcoming June meeting. Policymakers are adopting a watchful approach to see how international economic pressures settle.

For homeowners looking to remortgage, there is a silver lining. The average of the top ten lenders' best two-year fixed rate has eased back to 4.78%, marking its lowest level since March. With the market fluctuating quickly, securing the right product requires looking beyond the immediate headline rate to ensure it aligns with your long-term budget.

Read the full report here: https://www.forbes.com/advisor/uk/mortgages/2026/05/12/latest-mortgage-news/

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

Buying a property comes with a lot to think about, and arranging a mortgage can feel complicated quite quickly.Our lates...
22/05/2026

Buying a property comes with a lot to think about, and arranging a mortgage can feel complicated quite quickly.

Our latest animated video breaks down the basics, from deposits and repayment options, to interest rates, fees and the different types of mortgage available.

It’s designed to help you better understand the process before making any decisions.

A mortgage is a long-term financial commitment and it’s important to make sure any deal is right for your circumstances.

Watch the video and if you’d like tailored advice, the team at Signpost Mortgages is here to help.

You can watch the video here: https://vimeo.com/757926919

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

A couple of years ago, almost any decent holiday let seemed to work on paper.Strong occupancy forecasts.Low borrowing co...
20/05/2026

A couple of years ago, almost any decent holiday let seemed to work on paper.

Strong occupancy forecasts.
Low borrowing costs.
Plenty of lender appetite.

Now, it’s a bit more nuanced.

Some lenders have tightened criteria around holiday lets, especially in areas where supply has increased heavily or local councils are introducing restrictions on short-term lets.

That doesn’t mean the market has disappeared. Far from it.

But buyers who approach holiday lets the same way they would a standard buy to let can run into problems quite quickly.

Things like projected seasonal income, management arrangements, personal income, and even how far the property is from your home can all affect lending decisions.

It’s also become more important to think about the property long term.

If the short-let market softens locally, would the property still work as a standard rental? Would the mortgage still be affordable?

Those are the conversations happening more often now.

Holiday let mortgages can still be a really good fit for the right property and borrower, but the planning stage matters far more than people think.

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

Lloyds is launching its new £5,000 deposit mortgage today. It is a massive talking point for anyone currently renting an...
18/05/2026

Lloyds is launching its new £5,000 deposit mortgage today. It is a massive talking point for anyone currently renting and trying to find a way onto the property ladder.

Instead of saving a standard 5% deposit, which is closer to £14,000 for a typical starter home, this deal lets you buy a property worth up to £300,000 with just five grand down.

The details are pretty straightforward. It is a five-year fixed rate at 5.89% with no arrangement fee, and you can stretch the term up to 40 years to keep the monthly payments down. There are some specific rules though. The deposit cannot be gifted, so it has to come from your own savings. If you are buying as a couple, at least one of you must be a first-time buyer.

This is a really interesting move to help people who do not have family wealth to rely on. But you do need to weigh up the long-term realities.

A 5.89% rate is higher than the market average. Because your deposit is so small, you will have very little equity in the property on day one. If house prices dip, you face a higher risk of negative equity, which makes remortgaging tricky later on. Plus, stretching a mortgage over 40 years lowers your monthly bill now but means you pay a lot more interest over your lifetime.

It is a great shortcut to getting your keys, but it requires a solid plan for the future.

Read the full report here: https://www.forbes.com/advisor/uk/mortgages/2026/05/12/latest-mortgage-news/

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

Buying your first home comes with a lot of questions, especially in a market like London. Having the right support can m...
15/05/2026

Buying your first home comes with a lot of questions, especially in a market like London. Having the right support can make the whole process feel far more manageable.

We recently received a review from first-time buyers who worked with Andrew on their mortgage and home purchase. They spoke about the value of clear advice, regular communication and having someone there to guide them through each stage with confidence.

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

Renovation properties tend to split opinion quite quickly.Some buyers walk in and only see the work involved. Others see...
13/05/2026

Renovation properties tend to split opinion quite quickly.

Some buyers walk in and only see the work involved. Others see potential.

The challenge is that lenders can view those same properties very differently too.

Plenty of clients assume a standard mortgage will cover a renovation project, only to find the lender isn’t comfortable with the property in its current condition.

Sometimes it’s major structural work. Other times it’s something as simple as the property not having a functioning kitchen or bathroom.

That’s where refurbishment mortgages can become important.

Depending on the project, some lenders may release funds in stages as work is completed. Others may allow lighter cosmetic improvements under a more standard setup.

The details matter more than people think.

Exit strategy, timeline, deposit size, experience with previous projects, even the type of property itself can all affect which lenders are willing to consider the case.

What’s interesting lately is how many buyers are looking at renovation projects because fully finished properties have become so competitive. For some, adding value through refurbishment makes far more sense than paying a premium upfront.

But getting the finance right at the start is key. The wrong lender choice can slow a project down before it even begins.

If you’re considering a renovation property and want to understand what options may be available, feel free to get in touch.

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

The "blink and you'll miss it" pace of the last few months has finally eased up. The average mortgage deal now stays on ...
11/05/2026

The "blink and you'll miss it" pace of the last few months has finally eased up. The average mortgage deal now stays on the market for 16 days, which is exactly double the shelf-life we saw in April. If you’ve been feeling rushed to pick a product before it vanishes, this extra breathing room is a massive win.

However, for first-time buyers, the news is a bit of a mixed bag.

Here is the breakdown:

- While deals stay live longer, there are fewer of them. Availability for those with a 5–10% deposit has dropped by 14% since March.

- If you are looking at a low-deposit deal, rates are still stubbornly sitting above 6%.

- To make the numbers work, we’re seeing more people opt for 35 or 40-year terms. It helps with monthly affordability now, but it's important to have a plan to manage that extra interest long-term.

We’re here to help you navigate these shifting goalposts. The market might be calmer, but finding the right fit for a small deposit requires a bit more strategy than it did a few months ago.

Read more here: https://uk.finance.yahoo.com/news/first-time-buyers-facing-significant-085901127.html

Get in touch:
📞: 01603 380331
✉: [email protected]
💻: https://signpostmortgages.co.uk/

Your home may be repossessed if you do not keep up repayments on your mortgage.

Rates and eligibility vary. Always seek tailored advice.

Subject to status and lender criteria.

Address

5 Station Road, Drayton
Norwich
NR86SA

Opening Hours

Monday 8am - 9pm
Tuesday 9am - 9pm
Wednesday 9am - 9pm
Thursday 9am - 9pm
Friday 9am - 9pm
Saturday 9am - 2pm

Telephone

+441603380777

Website

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