We've collated our most asked question into one place, making it easier for you to mind what you're looking for.
With every service there are bound to be fees. Once we have had the strategy call and decided on a plan of action, we can give you an idea of costs and fees. All of the products we recommend come with detailed illustrations detailing what fees you will need to pay. We won’t do anything until you are 100% happy with the fees that you paying and we will get that in writing to further protect your finances.
We have a lot of experience and knowledge of the mortgage market, so I want to say yes. Read our reviews and follow us on social media as the proof is in the pudding. We are solving problems and answering questions all the time. But most importantly, we want to turn your dream into reality and help you get the best solution.
This all depends on what you want to achieve and what you are looking to do. The best way to find the answer to this, is to have an initial strategy call so we can give you an idea of timeframes. If your in a rush then we will act fast and get things moving.
How long does the initial strategy call last? About 10 to 15 minutes.
Our team will ensure that you get the best deal that's right for your needs and circumstances. We will search every available deal lender and product from our panel to make sure you get the best deal.
The burning question that everyone wants to know the answer to. The fact is, we need to establish a budget for you early on. Considering the mortgage, buildings and contents insurance and mortgage and lifestyle protection.
The Mortgage.
Use our calculator and source a product based on what you want to achieve. This will give you a very rough idea of what a mortgage your looking for may cost you per month.
The calculator is an amazing tool. However, it is a rough guide and will not give you a truly accurate representation. For this you need the expert. Try the calculator, then see if you qualify by speaking to us.
Protection
Our advice is to factor in the value of approximately 15 to 20% of your monthly mortgage payments to cover your protection and buildings and contents insurance. This is only a rule of thumb but it makes sense to be fully covered, should the worst happen. Don’t play Russian roulette with your finances.
An example, if your mortgage payments are £600 per month then allow at least 15% of this to cover off your insurances. This would be £90 per month, this may not cover everything you need but it’s a good indication.
For this we will need to do the following.
If you qualify for a mortgage in principle otherwise known as a “Decision In principle”. Then in theory, you're good to go. This will give you reassurance that when we make a full mortgage application, we will meet the criteria and the lender has checked your credit worthiness for obtaining a mortgage.
Gone are the days where we multiply your income by 3 and find out how much you can borrow. After the credit crunch and the financial crisis in 2007, mortgage lenders were required by the Financial Conduct Authority (the regulator of the financial services industry), to adopt an affordability based approach to lending. This means that banks and building societies are now required to scrutinise borrowers’ incomes, outgoings and credit history closely and apply strict affordability criteria, ensuring that borrowers can comfortably afford their repayments now, and in the foreseeable future.
To find out how much you can borrow we will need some basic information on your income, outgoings and lifestyle. Once we have this, we run it past the lenders and find out how much you can borrow.
If we can show this image or I can maybe get a better quality image so that we can show clients what it looks like.
