Mortgage Advice

Here are some of the most common questions that we get asked. We hope you find these helpful, if you do have a more specific question or need further mortgage advice, then dont hesitate to give our dedicated residential mortgage team a call on

08451 489 163, fill in the enquiry form, or request a call back and we will get back to you shortly.
 
Q -What are the benefits of using Mortgages for Business?

A. We are independent specialists in the mortgage market and because we are independent we are able to access a vast range of lenders. We are not limited to specific products, and can give impartial mortgage advice. We are able to offer a wide range of mortgage deals with highly competitive rates, many of which arent available in the general marketplace, for example in your bank, or in other high street outlets.
 
We offer high levels of mortgage advice and service... there is no automated call handling so you won't get stuck in a lengthy queue and then speak to someone who has no idea who you are, with a promise of a call back that never materialises! Instead, you will deal with one dedicated and highly experienced consultant from the start of your transaction to the finish. They will understand all of your needs and exactly where you are in the application process. You will be given their direct line and e-mail address, so you can contact them at any time.

In short, we offer a high quality and professional service with an excellent range of products and rates to back it up. We aim to make the process of applying for a mortgage as stress free as possible.

Q - How can I apply for a mortgage with you?

A. Let our mortgage advisers do it all for you over the telephone. We will select the right mortgage from the whole market, and manage your application through to completion for a fixed broker fee of approximately £297.

Q - Do we charge a fee for our service?

A. For a fee of approximately £297, our experts will not only help with that all important decision which mortgage they'll also manage your application through to completion! You only pay when the mortgage is approved and the funds are available. If you dont 'complete' for any reason then there won't be a penny to pay.

Q - I have a bad credit history-can you help me?

A. We have a specialist mortgage team who are used to working with people with credit problems, helping them to access mortgages and find the best deals. If you have a bad credit history we can help you to:
" consolidate all your debts into one reasonable rate mortgage from a reputable provider
" remortgage to get lower monthly repayments
" access a reasonable rate mortgage, even if you have previously been turned down for a mortgage because of credit issues
Feel free to contact us for specific mortgage advice relating to your credit history and how remortgaging can help you to consolidate your debts.

Q - What additional documents will you require to support your application?

A. Each lender may have different requirements and it may vary according to the product or circumstance of the loan.  Typically you may be asked to provide proof of income, proof of address, proof of your identity (such as your passport), and back dated bank statements. 

Q - I am self employed, but have no accounts available, can you help me?

A. Depending on your circumstances and the loan to value, it may be possible to still find a suitable mortgage for you. For specific mortgage advice feel free to contact us on 08451 489 163.

Q - How do I keep track of my application?

A. Unlike some other online mortgage services who sub-contract the administration of their mortgage applications to another company, we handle every application we receive within our own team. As soon as we receive your application we assign a dedicated member of our mortgage team to your case, who is backed up by a 'buddy' in case they are ill or away. This means that you can always talk to someone who is familiar with your case. You'll have their work contact details - phone and email - to get in touch when you need to.

Your Case Manager will follow your application through from start to finish and tackle any problems which arise on the way. They'll contact you by email or phone to let you know of progress and whether they need more information from you.

Q - Why remortgage?

A. Popular resons for remortgaging are because a fixed rate deal is ending and therefore the mortage rate is reverting to a much higher rate than is currently being paid. In this scenario if you remortgage you can save a lot of money. Another popular reson for remortgaging is to consolidate debts or release equity from your home. In this case the remortgage will be for a higher amount that the current mortgage, therefore allowing some capital to be released.

Q - How does a remortgage work?

A. We search a vast range of lenders and their products to source the best remortgage deal for you. We will then handle the transfer of monies between the 2 mortgages. Plus, because we are independent you can rest assured that the mortgage we find will be the most appropriate for you and not what suits us the best!

Q - Can you help me find insurance?

A. You will always need to arrange buildings insurance when you take out your mortgage. To save you any inconvenience we can arrange you building, and (if required) contents insurance. Similarly to our mortgage products, we are independent and are able to offer market leading rates on these products, so there really is no need to look elsewhere!
We can also arrange mortgage protection cover, this could include life cover, critical illness and income protection, all for highly competitive rates.

For more information and for general advice on your mortgage requirements request a "Call me Back" or phone today on 08451 489 163.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.