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FAQ's
Frequently asked questions
Porting MortgagePortfolio Landlord Mortgage Questions AnsweredGeneral FAQSFirst Time Buyer FAQSHome Mover FAQSBuy to Let FAQsRemortgageBad Credit FAQSProduct transfer FAQSSelf-Employed FAQSUnencumbered5 and 6 Times Salary MortgagesStudent Let FAQSOxford Mortgage FAQSLimited Company BTL FAQSMortgage Above a Shop FAQSShared Ownership FAQSNHS FAQSEWS1 MortgagesCommercial FAQSUniversal Credit Mortgage FAQsHMO FAQSAge Limit FAQSBicester Mortgage FAQSTML Product transfer FAQSAirline Staff FAQSTier 2 Visa FAQBanbury Mortgage FAQSBM Solutions Product Transfers FAQSForeign Nationals FAQSSpouse Visa
Why choose a mortgage broker in Bicester?
Working with a local mortgage broker like Drummonds Finance Group gives you direct access to expert advice, local property knowledge, and exclusive deals. We understand Bicester’s property market, school catchments, and commuter trends, helping you make informed decisions with confidence.
What’s the average house price in Bicester?
As of 2025, the average property price in Bicester is approximately £360,000, although this varies by area and property type.
Flats average around £220,000
Terraced houses are approximately £300,000
Detached homes in areas like Kingsmere or Southwold can exceed £500,000
Is Bicester a good place to buy property?
Yes, Bicester is a growing commuter town with two rail stations providing direct links to London and Oxford. It's popular with families, first-time buyers, and investors alike. Ongoing development and regeneration plans make Bicester an attractive location for long-term property investment.
What types of mortgages are available in Bicester?
We offer a full range of mortgage options tailored to Bicester clients, including:
First-time buyer mortgages
Help to Buy and Shared Ownership
Remortgages and product transfers
Buy to let and HMO mortgages
Self-employed and contractor mortgages
Key worker and NHS mortgages
How long does it take to get a mortgage in Bicester?
In many cases, we can secure a mortgage offer within 2 to 3 weeks of application, assuming all documents are in order. Completion timelines vary depending on solicitors, surveys, and the property chain.
Can I get a mortgage in Bicester with bad credit?
Yes. We work with specialist lenders who consider applicants with missed payments, CCJs, defaults, or low credit scores. Every case is assessed individually.
Is Bicester good for buy to let investment?
Yes, rental demand is high due to Bicester’s growing population, strong employment base, and its position on the London commuter belt. Key rental areas include Bure Park, Kingsmere, and Langford Village. Yields are competitive, especially for modern 2–3 bed homes and HMOs near transport links.
What documents do I need for a mortgage?
Typically, you’ll need:
Proof of ID and address
Payslips and bank statements (or tax returns if self-employed)
Proof of deposit
Credit report
We’ll guide you through the exact requirements based on your situation.
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