YOU CAN TRUST US TO PROVIDE…
No jargon, no hassle, and definitely no stress!
At our core, we're all about making sure you snag an awesome mortgage deal. Whether you're a first-time buyer, looking to remortgage, moving to a new place, adding more properties to your portfolio, or even someone with less-than-perfect credit – we've got you covered.
REMORTGAGING: Your existing mortgage deal may be coming to an end and you’re about to move onto the lenders standard variable rate which could result in an increase in your monthly mortgage payments.
Remortgaging before your term ends could potentially save you money by switching to another deal or another lender. There are plenty of reasons why you might want to consider a remortgage, perhaps you want to cover the cost of home improvements or need to pay off expensive debts.
Whatever your requirements we are here to help.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOMECONSOLIDATING DEBT MAY REDUCE YOUR OUTGOINGS NOW, HOWEVER YOU MAY PAY MORE INTEREST OVER YOUR MORTGAGE TERM
SELF EMPLOYED
Navigating through all aspects of income assessment can be challenging, given the varying rules among different banks. We specialize in simplifying this complex subject and identifying tailored solutions for your unique situation. If you've faced challenges with your own bank, rest assured, we have the expertise to assist you.
Our services cover a range of scenarios, including securing mortgages with a minimum 5% deposit, accommodating limited track records, assessing income from 0, 1, and 2+ years of accounts, supporting contractors, considering multiple income sources, and evaluating retained profits through a common-sense underwriting approach. Trust us to guide you through the complexities and secure a viable financial solution.
BUY TO LET
Whether you're buying a buy to let property for the first time or expanding an existing portfolio, opting for a buy-to-let mortgage is crucial. Unlike standard residential mortgages, buy-to-let mortgages are specifically designed for individuals acquiring properties to rent out to tenants.
Notable differences include higher interest rates on buy-to-let mortgages, with a minimum deposit requirement of usually 25% compared to residential mortgages that could accept as little as 5% down payment. Rather than income, the lender assesses the potential rental income from the property securing the mortgage.
Our team specializes in crafting bespoke buy-to-let solutions tailored to your needs. If you're seeking clarity or ready to explore your options, contact our expert team today for personalized assistance.
It's important to note that most Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.
HOME MOVERS
Ready to buy your next home? Buying and selling properties at the same time can be stressful. That’s why we ease the process by taking care of your new home mortgage, whilst you focus on the big move!
Moving house is often a great time to review your current mortgage, as they are generally very competitive for house movers. You will need to consider how much more you can afford to borrow and how you will pay for any potential charges for changing your current mortgage, which we can help you with.
A review from one of our expert mortgage advisers can tell you how much more you can afford to borrow and which mortgage deal best suits your needs. We will also work with you to secure you an Agreement in Principle if required.
When you are ready to move forward with your mortgage application, we will manage the whole process for you, liaising with your lender, solicitor and estate agent, so you can sit back, relax and think of how you are going to arrange your furniture in your new home!
FIRST TIME BUYERS
Embarking on the journey of buying your first home is both thrilling and overwhelming. To ensure you start on the right foot, it's crucial to seek expert advice from the beginning. Here are our top tips for first-time buyers:
- Determine Affordability: utilize a budget planner to realistically assess how much you can spend on your new home, ensuring your mortgage remains affordable.
- Deposit Considerations: understand the impact of your deposit on mortgage deals by evaluating the 'loan to value' (LTV). A higher deposit often leads to better mortgage rates.
- Account for Extra Costs: factor in additional expenses such as furnishings or potential renovations, along with fees like conveyancing and stamp duty.
- Informed Property Viewings: take an experienced home buyer with you during property viewings to catch essential details you might overlook.
- Household Budget Planning: if transitioning from living with parents, budget for new expenses like council tax, utility bills, boiler servicing, and home repairs.
- Council Tax Awareness: understand the likely council tax charges for your new property by checking the tax band and charges levied by the local authority.
Documents required for employed clients
As a guide these are the typical documents required for employed clients. Each bank is different and once a bank is selected we provide our clients with a definitive list.
- Passport
- Proof of address less than 3 months old – usually a utility or council tax bill
- 3 months bank statements showing income and outgoings
- 3 months payslips
- Up to 2 years of bonus or commission payslips
- Up to 2 P60s
- Proof of deposit – this can be a gift letter if a gift is coming from a family member.
Documents required for self-employed clients
Typical documents required for self- employed clients. Each bank is different and once a bank is selected we will provide our clients with a definitive list.
- Passport
- Proof of address less than 3 months old – usually a utility or council tax bill
- 3 months bank statements showing income and outgoings
- Up to 3 years SA302 (also know an tax calculation documents)
- Up to 3 years Tax Year Overviews
- Up to 3 years signed trading accounts
- Business accounts
- Business bank statements
Some banks will send out for an accountant’s reference in place of these documents