We are here to help with all of your mortgage needs. If you’re wanting help from your local Mortgage Advice experts in Beverley, then please give us a try, we’ll support you throughout every step of the way!
Our genuine customer reviews are further proof of the service level we offer all customers.
First Time Buyer Mortgages – we’re here to hold your hand from initial mortgage enquiry right until you get the keys to your new home.
Home Movers – are you wanting to know how much you can borrow on a new mortgage, what happens to your old one and how much this will cost?
Remortgage Options & Deals – are you looking for a better mortgage deal, to reduce or extend the term, to add or remove a name, or raise money on your home?
Customer service is the heart of our company and we aim to provide you with trusted Mortgage Advice in Beverley – please visit our genuine reviews page here at Reviews.co.uk. We’re available from 8am-10pm, 7 days a week to help you with your new mortgage enquiry or to progress an existing application.
Your dedicated Mortgage Advisor in Beverley will shop around on your behalf and search 1000’s of Mortgage Deals to recommend the right deal for you.
We are stand-alone to estate agents, allowing us to only work for you with no vested interests. Providing an Open and Honest Mortgage Advice Service in Beverley.
Mortgage Advisors from Banks are only allowed to offer products from one company, making their Mortgage Advice very restricted. Also, with bank closures, their Mortgage Advisors can often be hard to speak with, especially if you’re in a rush to get the ball rolling.
To receive a great service, seek Mortgage Advice from a Mortgage Broker like us, to compare deals.
We’ll help you all the way! As a Mortgage Broker in Beverley, we have in-depth knowledge from a large number of lenders, some offering specialist products. We deal with enquiries on a daily basis from customers who are seeking ‘outside the box’ mortgages.
We find the following the most common reasons for being turned down; a mix of income, poor credit file, type of property being purchased/remortgaged, failing affordability, and the bank won’t lend enough. The good news is that we work with a very large panel of Mortgage Lenders, and we can usually help.
Firstly, we work for you!
We’re here for you, we work just for you and have no vested interests with your estate agent or builders. It’s our job to support you through the whole process and not just with your Mortgage application. We’ll make you feel as relaxed as possible, be honest, and to find you the best mortgage deal. You’ll receive our help and support right up until your completion day too.
Secondly, it’s not always easy!
Buying a new property is a major event in most customers lives and the process should not be underestimated. Especially if you are going through the process for the first time or haven’t moved home for a long time. Let us take the stress away – we’re here for you through every step of the way.
Mortgage Advisor in Beverley – Let us take your stress away!
Your free mortgage consultation in Beverley will last around one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.
As your Mortgage Broker in Beverley, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an agreement in principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.
To avoid possible disappointment, we recommend you obtain an agreement in principle before you begin viewing properties in Beverley. At the very latest you should obtain one prior to making an offer to assist your bargaining position.
An agreement in principle typically lasts for between 30 and 90 days depending on the lender used. If your agreement in principle expires it can always be refreshed.
It may be possible to get a second mortgage on your home for things like debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
The minimum deposit when purchasing a house in Beverley with high street lenders is typically 5%. This can be higher if you have had previous credit problems.
If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.
Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.
It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for Self Employed. You will also need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.