Liberty Money
Cheddar, Somerset
Mortgage advice covering bad / adverse credit, self-employed, later life / equity release and 5 more. Liberty Money has not recorded a fee structure.
Main contact
About Liberty Money
Liberty Money is a trading style of HMC Funding Limited (FCA Register No. 925009), a whole-of-market mortgage and protection brokerage covering England and Wales from its office in Cheddar, Somerset. The team advises first-time buyers, home movers and remortgagers, and works with buy-to-let investors including HMO and holiday let finance. They also handle more complex situations such as adverse credit, self-employed and company-director income, retirement interest-only plans, shared ownership and Right to Buy, and can arrange secured loans and protection cover including life insurance, critical illness and income protection. The same adviser stays with you from first enquiry through to completion, and consultations are free.
From this firm's public listing.
What this broker covers
From the areas recorded here.
Liberty Money records 8 of the 13 areas this directory tracks, working out of Cheddar, Somerset: bad / adverse credit, self-employed, later life / equity release, shared ownership, buy-to-let, first-time buyers, interest-only and residential. That is a broad listing.
Covering both adverse credit and self-employed lending is the harder end of the market — those two together are exactly the cases high-street lenders turn away, and they need a broker who knows the specialist panel.
Bad / Adverse Credit
Adverse credit work means the firm places cases that high-street lenders decline — defaults, missed payments, CCJs, IVAs and discharged bankruptcies. Lenders in this space price by how recent and how severe the event was, so the date on your credit file matters more than the amount.
Read the bad / adverse credit guideSelf-Employed
Self-employed cases turn on how a lender reads your income. Some average two or three years of accounts, some use your latest year, and sole traders, limited-company directors and day-rate contractors are all assessed differently. A firm that does this regularly knows which lenders sit where.
Read the self-employed guideLater Life / Equity Release
Later-life lending and equity release are separately regulated and have long-term consequences: interest can roll up against the value of your home, and it changes what is left in your estate. Advisers need a specific qualification to recommend it.
Read the later life / equity release guideShared Ownership
Shared ownership sits under two sets of rules at once: the housing association's, and the lender's. Not every lender takes it, and staircasing later has its own costs and valuation requirements.
Read the shared ownership guideBuy-to-Let
Buy-to-let borrowing is capped by a rental stress test rather than by your salary, and the sums differ sharply between personal ownership and a limited company. Portfolio landlords with four or more mortgaged properties face extra underwriting. With self-employed lending also covered, business-owner landlords should find both halves of the case understood.
Read the buy-to-let guideFirst-Time Buyers
First-time-buyer work means walking someone through it from scratch: what deposit is realistic, what an agreement in principle is worth to an estate agent, which schemes still exist and what lenders will ask to see. With shared ownership also on the list, part-buy routes should be on the table as well as a full purchase.
Read the first-time buyers guideInterest-Only
On interest-only lending your payment covers the interest and nothing else, so lenders want a credible plan for repaying the capital — an investment, a second property, or a sale — and they will test it.
Read the interest-only guideResidential
Standard residential advice covers buying, moving and remortgaging on your own home — the bulk of UK mortgage lending, and the area where switching deal at the right moment usually saves the most. Here that runs alongside adverse-credit work, so it covers people a high-street lender has already turned down.
Read the residential guideFees: what this means for you
Fees not specified
We hold no fee structure for this listing, so we cannot say either way — the tailored questions below cover what to ask. Buy-to-let and limited-company cases are often charged differently from residential ones — ask which bracket you fall into.
Fee-free vs fee-charging brokers, compared →Checking this firm on the FCA register
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We hold no Firm Reference Number for this listing and have not verified the firm. Check the name on the FCA register before taking advice.
Questions to ask Liberty Money
Tailored to this listing.
- 1You list a wide range of areas — which of them do you place regularly, and would I be dealing with a specialist in mine?
- 2Do you charge a broker fee? If so, how much, and when is it due?
- 3Given what is on my credit file and when it happened, which lenders would consider me, and roughly how much more will that cost than a high-street rate?
- 4How will lenders read my income — salary plus dividends, net profit, or day rate — and do you work with lenders that use my latest year rather than an average?
- 5What qualification does the adviser hold for equity release, and how would rolled-up interest affect what I can leave to my family?
- 6Which lenders work with my housing association's lease, and what will it cost me to staircase later?
- 7Do you see clients at your Cheddar, Somerset office, or is this handled by phone and video?
Getting in touch with Liberty Money
Liberty Money lists a phone number, an email address and its own website, so use whichever suits.
- First conversations are free and non-committal.What a broker does
- Bring payslips, statements, existing mortgage details.Document checklist
- Compare two or three brokers.How to choose
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Frequently asked questions
What does Liberty Money charge for mortgage advice?
Not recorded on this listing — ask Liberty Money directly, as it must tell you before you commit. Buy-to-let and limited-company cases are often charged differently from residential ones — ask which bracket you fall into.
What types of mortgage does Liberty Money handle?
Liberty Money records bad / adverse credit, self-employed, later life / equity release, shared ownership, buy-to-let, first-time buyers, interest-only and residential, working from Cheddar, Somerset. Ask anyway if your case sits outside that list.
Can Liberty Money help if I have bad credit?
Liberty Money lists adverse credit as an area it covers, which means it places cases involving defaults, missed payments, CCJs or an IVA. Bring the dates and amounts from your credit file to the first conversation — specialist lenders price on how recent the event was, so an adviser cannot give you a realistic answer without them.
Does Liberty Money only cover Cheddar, Somerset?
Liberty Money is listed in Cheddar, Somerset, but UK brokers are not restricted to their own area and most advise nationally by phone or video.
MortgageMatch is a directory, not a broker. We do not give advice. Your home may be repossessed if you do not keep up repayments.