Equity Release

The Free Money Advice Service has been setup by the government to provide impartial advice on most financial matters but is particularly good on Equity Release. 

Equity Release is a minefield but a necessary minefield! Get it right and older people can raise money on their property - potentially allowing them to afford to stay in their homes for the rest of their lives. Get it wrong and they can accumulate an enormous debt and effectively disinherit their children as the finance company claims their home in order to repay the accumulated loan when they die. The link below may help you decide whether this might be a useful route to go down. However just as importantly consider using a financial adviser.
This is a simple AgeUK Equity Release calculator which will help you find out how much an equity release loan would allow you to raise on your house.

Independent Financial Advisers - IFAs Chesterfield

Jones & Co Independent Financial Advice

27 Glumangate, Chesterfield S40 1TX, UK – 01246 550521

From initial customer service to consultation to expert advice — Mark and his team make the process of managing your future easy, stress free and rewarding. If you are planning for your future and are looking for a trusted local company, I would recommend Jones & Co highly!

Knight Maley

2 Avenue Rd, Chesterfield S41 8TA, UK – 01246 261773

David Armé - Independent Financial Adviser

69 Saltergate, Chesterfield S40 1JS, UK – 07999 081694

Click for excellent Money Saving Expert advice on choosing an Independent Financial Adviser (or IFA) around Chesterfield.

Business Loans and Crowd Funding

This is a revolution! We are used to going to a bank with a business plan and been lent money on very high rates of interest - but only under increasingly demanding conditions. Crowd funding is the public investing directly to the businesses - at all stages of their development. Crucially there is a huge range of projects and Crowd Funders. You could do worse than just read and then click some of the WiKi link below.

Crowd Funding and Business Loans

We could not find any Crowd Funding or Business Loans around your location. Please click below to see full results from Google.


Read current articles in MoneyWeek magazine.

Mortgage Brokers, Banks, Etc

TSB Bank

27 Market Place, Chesterfield S40 1PN, UK – 01246 915999

Staff are always nice. Marked down as ii wanted to deposit money in on a Saturday at 11am and only a ''hole in the wall" and 2 withdrawal cashachines were available, so not really open when online it was stated as open. I don't trust putting money down a hole with no proof it's gone in.

Always had great service here, the staff are polite, easy to get to and generally served really fast. Not sure why you would leave a 1 star review let alone no reason why?


2 Stephenson Pl, Chesterfield S40 1XP, UK – 01246 208571

Great helpful, knowledgable and friendly staff - just what you want from a bank.

HSBC Bank plc

Market Place, Chesterfield S40 1TN, UK – 0345 740 4404

Gets pretty busy over the lunch but has everything you need to do your banking


Yorkshire Bank

14 Vicar Ln, Chesterfield S40 1PY, UK – 0800 456 1247

Very friendly and helpful staff, photos identifying who does what (love transparency) clear, spacious and simple branch layout. Don't continue to push unwanted products on you. Pretty good to be fair.

Nationwide Building Society

36 Rose Hill, Chesterfield S40 1LR, UK – 0800 554 0815

Excellent bank. Staff really helpful and friendly. Feel like a valued customer every time i go in.

Barclays Bank

37 Rose Hill, Chesterfield S40 1TT, UK – 0345 734 5345

Always get a warm welcome.

Very helpful friendly branch

Building Societies

Nottingham Building Society

32 Burlington St, Chesterfield S40 1RR, UK – 01246 274827

The Mansfield Building Society

91 New Square, Chesterfield S40 1AH, UK – 01246 202055

Yorkshire Building Society

13 Low Pavement, Chesterfield S40 1PF, UK – 01246 641449

Mortgage Brokers

Mortgage Advice Bureau -at Hunters Chesterfield

36 Burlington St, Chesterfield S40 1RR, UK – 01246 551155

Pennine Mortgages

Dunston Rd, Chesterfield S41 9QD, UK – 01246 451504

Mortgage Options

93 New St, Chesterfield S40 1AH, UK – 01246 238444

Mortgage Brokers - Key Questions

How much do mortgage brokers charge?
Typically, a broker will actually be paid around 0.35% of the mortgage loan as commission from your the lender. So, for every £100,000 borrowed, they would receive £700 in commission - if they are on commission. Many will therefore not charge for their advise if they are. However they maybe tied to specific companies and so may not be able to offer the best deal. Start with your bank. They will know you personally and financially - hopefully! They will tell you about their mortgages and you can use them as a base line to compare products found by mortgage brokers around Chesterfield.

Is it better to get mortgage from bank or broker?
This question will be answered by this initial mortgage research. You may hit it lucky and find that your bank can give you the best deal - but do check with a mortgage broker first.  

How do I find a good mortgage broker?
Don't write off the financial comparison websites. Moneysupermarket is full of good advise on how to find mortgage brokers and may even be able to point you around Christian Education: Chesterfield that they particularly recommend - although will be on commission themselves! Click the link below to go the the right part of Moneysupermarket.

Are mortgage brokers worth it?
Probably yes and we are not on commission! You are free to the these ones a ring - it could really worth it.


Mortgage Advice Bureau - Glumangate Chesterfield

27 Glumangate, Chesterfield S40 1TX, UK – 01246 733544

Coming up to our remortgage date, with another property in the background. Russell was able to advise us on the best lenders we could use alongside helping us talk to solicitor’s and getting cash back to cover the cost! I would recommend to anyone looking to buy or remortgage.

After being knocked back by a previous broker and not hearing back from him. Russell was great and turned it around super quickly! And the team at head office was great in seeing this through until we got the keys! Can't thank them enough!!

The Co-operative Bank - Chesterfield

15 Elder Way, Chesterfield S40 1UX, UK

Why go to just a number bank when you can have a bank that still cares about you.

Good and friendly service with a smile


2 Knifesmithgate, Chesterfield S40 1TE, UK – 01246 340908

Very good

Helpful with good facilities although no free parking