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 approximately 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 go ahead.
As your Mortgage Broker in Beverley, we carry out a Fact Find to establish your personal needs before recommending 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 property valuation has been undertaken, a formal mortgage offer can be issued.
We advise you to obtain an Agreement in Principle before property viewings in Beverley to avoid potential disappointment. At the very latest, we would suggest that you get one before you make any offers to put you in a better bargaining position. As a responsive Mortgage Broker in Beverley, we can typically obtain an agreement in principle within 24 hours.
An Agreement in Principle will last for between 30 and 90 days, depending on the lender. If your Agreement in Principle expires before you can use it. Don’t worry; speak to your advisor, they can make it valid again.
Depending on your circumstances, if you’re looking to achieve something like debt consolidation or home improvements, then you may be able to take out a second mortgage on your property. If you’re looking to use it for yourself, a family member, a holiday home or a Buy to Let, a second mortgage on that property may also be an option.
A high street lender will require you to put down a minimum deposit of 5% of the property purchase. If you have had credit problems in the past, this may be higher.
If you have struggled with credit problems in the past, you may still be eligible for a mortgage, though a lender may require you to put down a higher deposit than expected.
Once you have submitted at least one year’s accounts moves you along the process, allowing you to obtain a mortgage in Beverley potentially. Most lenders will utilise your salary plus dividend to calculate the maximum mortgage amount you are eligible to borrow, whereas some other lenders will go off your net profit.
For an employee to prove their income, it’s usually three payslips and the last two years’ accounts if you are self-employed. You will also need to provide proof of ID, address and the previous three months’ bank statements.
Generally speaking, our free mortgage consultation lasts around an hour or so. Additionally, we can turn around an agreement in Principle within 24 hours. But it takes three weeks on average for a formal mortgage offer to approve.