West Midlands, England has **380 FCA-regulated mortgage brokers** listed on Mortgage118, including 1 with verified profiles. The average property price in West Midlands is **£232,824** (up 1.4% year-on-year), with the Bank of England base rate currently at 3.75%.

The West Midlands posted 2% growth in 2025, supported by Birmingham's ongoing regeneration and HS2 infrastructure investment. The region offers strong affordability compared to the South while benefiting from improving transport links.

### Broker Specialisations in West Midlands

Local brokers specialise in Residential, Buy-to-Let, Remortgages, First Time Buyers, Commercial, Bridging. Whether you're a first-time buyer, remortgaging, or investing in buy-to-let property, there are experienced brokers in West Midlands who can help.

**Q: How many mortgage brokers are in West Midlands?**
A: There are 380 FCA-regulated mortgage brokers in West Midlands, including 1 with verified profiles on Mortgage118. The most common specialisations are Residential, Buy-to-Let, Remortgages, First Time Buyers, Commercial.

**Q: What are property prices like in West Midlands?**
A: The average property price in West Midlands is £232,824 (ONS, December 2025), up 1.4% year-on-year. The West Midlands posted 2% growth in 2025, supported by Birmingham's ongoing regeneration and HS2 infrastructure investment. The region offers strong affordability compared to the South while benefiting from improving transport links.

**Q: Why use a mortgage broker in West Midlands instead of going direct to a bank?**
A: A mortgage broker in West Midlands typically compares deals from 50-100+ lenders, including specialist lenders you can't access directly. They know which lenders favour West Midlands properties, understand local valuation quirks, and can often negotiate better rates than you'd get walking into a branch. Birmingham and Coventry are regeneration hotspots. Brokers with knowledge of new-build incentives and developer panel lenders can often access exclusive rates not available directly to buyers.

**Q: How much does a mortgage broker in West Midlands cost?**
A: Most mortgage brokers in West Midlands offer a free initial consultation. Fees vary — some charge nothing (paid by lender commission), others charge £300-£500 on application or completion. Always ask about fees upfront. On Mortgage118, you can compare brokers and their fee structures before making contact.

**Q: What should I look for in a West Midlands mortgage broker?**
A: Check they're FCA-regulated (all brokers on Mortgage118 are), look at their specialisations (Residential, Buy-to-Let, Remortgages), and read client reviews. A good local broker should understand West Midlands's property market, have relationships with local lenders, and be able to explain your options clearly without jargon.

**Q: Can I get a mortgage with bad credit in West Midlands?**
A: Yes — several mortgage brokers in West Midlands specialise in adverse credit mortgages. They have access to specialist lenders who consider applications that high-street banks decline. The sooner you speak to a specialist broker, the more options you'll have.