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Moving Home Mortgage Advice in Middlesbrough

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We Take the Stress Away From Moving Home!

 

You don’t need to worry as we are here to help. Whether you are moving house for the first time or are contemplating a move after many years in the same property, we can take the stress away.  Experience has taught us that it is a time that can be incredibly time-consuming, frustrating and worrying.  For this very reason, we provide a service that ensures smooth progress from beginning to end.

 

 

We will be here to support you throughout the whole process, answering any questions you may have. We’ll talk you through the process and our Mortgage Advisors in Middlesbrough will always be at the other end of the phone when you need us.

 

 

We can search 1000s of mortgage products, to find you the best deal for your individual circumstances.

 

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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Moving Home Mortgage Advice in Middlesbrough

Let’s face it, moving home can be one of the most stressful things you’ll ever do. There’s so much packing up involved, transport to book, keys to hand over and then there are the additional costs that you hadn’t bargained for. The last thing you want to have to think about is your moving home mortgage being held up for some reason. Use a Mortgage Broker in Middlesbrough such as ourselves and we can try to take as much stress away as possible.

Popular Scenarios When Moving Home:

  • You’ve spotted the house of your dreams and are desperate to make an offer on it before someone else does.
  • You would like to get a Mortgage in Principle drawn up so that you can show a potential seller how serious you are about buying.
  • You know you want to move but don’t know how much you can afford in terms of monthly repayments.
  • You just want to get started on finding a mortgage (even though you’ve not even started looking properly yet).
  • You’re thinking about making money by renting out your existing home via a Buy-To-Let mortgage in Middlesbrough so will need another mortgage for a property to live in.
  • You’re looking to buy a home with a sibling, friend etc – a scenario which doesn’t fit in neatly to traditional high street lending criteria.

 

We don’t have any ties with Banks, Building Societies or Estate Agents. It’s reasons like this why we’re able to search through thousands of products from a wide variety of lenders, ensuring the mortgage is tailored to your needs. As a company we take great pride in our service, offering 5-Star Mortgage Advice in Middlesbrough.

 

If you fall into any of these categories or even something else, we will do all we can to help.

How we can help with your moving home mortgage:

  • We can get you that Mortgage Agreement in Principle so that you can go ahead and put in a serious offer on your dream home
  • Our monthly Mortgage Calculations will help you set a realistic budget you can afford
  • We’ll guide you through the minefield that is property surveying so that any problems with your potential new home are picked up straight away
  • We can point you in the direction of a good conveyancer
  • We can recommend insurance for your new home if you need it

Having Complications?

There are many reasons why traditional high street lenders choose to reject a mortgage application – even from clients who have an existing mortgage with them. This could be because:

  • The property itself is currently unsuitable for the type of mortgage you want.
  • You have bitten the bullet and gone self-employed since making your last mortgage application.
  • The property you want to buy is Below Market Value.
  • You’re buying with a friend or sibling etc.

 

If you’re going around in circles getting rejected for a mortgage, why not try contacting a Mortgage Advisor in Middlesbrough? We have years of experience and knowledge behind us so you won’t be sitting around for weeks waiting to hear if your house purchase can go ahead or not.

 

Contact us to book your free moving home mortgage consultation.

What our customers say

Common mortgage
questions

Your mortgage journey begins as soon as you get in touch with our team. We will send you over a fact find to fill out so we can learn a bit more about your personal and financial situation.

The next step of the process is for us to book you in for our free mortgage consultation so we can begin searching for the perfect mortgage product for you. We will also arrange a mortgage agreement in principle for you.

Once you’ve provided documents to support your agreement in principle, we can start preparing your mortgage application!

Your free initial mortgage consultation will roughly last 30-60 minutes. During the consultation, we will examine your current personal and financial situation so that we can get an idea of what sort of mortgage products you’ll match with.

If we manage to find you a deal and you’re happy to continue with it, we can start preparing your mortgage application!

As a Mortgage Broker in Middlesbrough, we would always recommend that you try and obtain a mortgage agreement in principle (AIP) as early in the process as possible. Ideally, you should obtain your AIP prior to viewing properties as it can open you up to being able to negotiate prices.

Your agreement in principle will last between 30-90 days. If your agreement in principle expires, you can easily renew it. Get in touch with your Mortgage Advisor in Middlesbrough to arrange this.

Yes, it may be possible to get a second mortgage. Reasons for getting a second mortgage include debt consolidation, home improvements, for a mortgage deposit for another property such as a Buy to Let property or a holiday home.

Usually, lenders will require a minimum of 5% of the property price. Even though most High Street Lenders look for 5%, if you’ve had credit issues in the past, you may be asked to put down slightly more.

It can be still possible to get a mortgage despite having bad credit issues in the past. Although, you should know that some lenders may require you to put down a larger deposit; this could be 10%-15%.

If you are Self Employed and have at least one year’s accounts ready to submit, then yes, you may be able to get a mortgage. Mostly, lenders will go off your salary plus dividend to calculate the maximum mortgage amount that you can borrow. Some are also known to go off your net profit.

During the mortgage process, you will be asked to prove your income, who you are etc. Some of the documents that you’ll be asked to provide include bank statements, payslips, proof of ID and proof of address. This may be slightly different for the Self Employed.

After your free 30-60 minute mortgage consultation in Middlesbrough, we will be able to go away and try and find you a mortgage product that’s perfect for your personal and financial situation. During this timframe, we will also arrange a mortgage agreement in principle for you within 24-hours.

If everything goes to plan and we recive yoru supporting documents, we can proceed to the point of mortgage application preparation. Once your application is submitted, a formal mortgage offer takes around 3 weeks on average.

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We make it so easy!
Our 4 step process

Step 1

A telephone 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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Middlesbroughmoneyman.com & Middlesbroughmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
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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