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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 local 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:

Mortgage Lenders 007

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 at Reviews.co.uk.
  4. We are accommodating! Mortgage Advice is available on a face to face or over the phone – whichever one you’re most comfortable with.  It’s the same service either way!
  5. 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 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.

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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.

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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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