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Relocatable, FCA-Registered Mortgage Broker Specializing in Affordable Housing for Sale

Relocatable

CONFIDENTIAL SALE

  • Asking Price: Price on Application
  • Turnover: £330,000 (£6,346 per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A whole market independent mortgage broker

The business is a FCA-registered, whole market mortgage broker, assisting a wide client base ranging from first-time buyers to property investors.

The company specialises in mortgages for affordable housing, benefiting from close relationships with housing associations nationwide.

Offering tailored advice, the company guides clients through mortgage applications, liaising with solicitors and housing partners to streamline the process.

Has worked with over 10,000 clients and benefits from circa 50% repeat business. This is due to the business’s reputation within the industry.

The company works closely with developers, housing associations, and local authorities, resulting in a high amount of referrals.

Strong relationships with clients, the longest of which has lasted over 20 years.

No reliance on active marketing strategies, as all business is secured due to the company’s reputation and referrals.

The company is run entirely by the staff, with minimal input required from the directors.

Maintains a regular three-month work pipeline valued at £120k–£150k.

YE24 turnover of £330k, with an adjusted EBITDA of £139k.

Average gross profit margin of 65% over the last four years.

Our clients are offering the business for sale to facilitate retirement plans.

Offers invited.
 

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Listing Statistics

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A whole market independent mortgage broker - 156936 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.