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First Time Buyer Mortgage Advice in Beverley

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01482 231990

We’ll be With you Every Step of the way!

The whole home buying process can be unpredictable and daunting, especially if you have never done it before. We’re there to support you through the whole process, talk you through what happens and when and always be at the other end of the phone when you need us. Often, when buying a home, things don’t always go to plan that’s why having a mortgage expert on your side will prove invaluable.    

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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First Time Buyers – Some Popular Scenarios

  • Would you like to know how much you can borrow on a mortgage and the monthly cost ahead of viewing properties?   
  • Ready to go, see a property and want to start your mortgage process?
  • Offer already accepted? Congratulations! You can now leave your mortgage to us.
  • Have a mortgage agreement in principle certificate to hand so you’re ready to make offers.
  • Having problems? Been to see your bank’s mortgage advisor and were turned away.
  • Do you have a poor credit score, an income mix, the bank won’t lend you enough, or don’t fit their criteria?
  • Wanting Mortgage Advice in Beverley for a complicated situation?

Reasons to choose us as your Mortgage Broker:

  1. We’ll be here for you for help and support 7 days a week! Buying a house isn’t always easy, we’ll help you over any hurdles you face throughout the whole process.
  2. It’s our job to take the stress away, we’ll aim to make you feel relaxed and be open and honest.  
  3. Your service is really important to us, please read our genuine Customer Reviews.
  4. Unlike a bank, we’re able to search 1000’s of mortgage deals in order to recommend the best one for you!

What our customers say

Common mortgage
questions

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.

We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

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