If you’re looking to speak to a Mortgage Broker in Scunthorpe then please look no further, we are here to help you every step of the way!
A First Time Buyer seeking initial mortgage advice throughout the whole home buying process?
A Home Mover wanting an idea of how much you can borrow and how much your monthly repayments will be?
Hoping to Remortgage for a better deal, change the term of your mortgage, add or remove people names, and/or raise additional money?
We pride ourselves on providing first-class Mortgage Advice in Scunthorpe – please read our genuine customer reviews here at Reviews.co.uk. You can contact us from 8am-10pm 7 days a week if you are wanting to discuss a new mortgage or one we are currently processing.
Our Mortgage Advisors will search through 1000’s of Mortgage Deals on your behalf in order to recommend the most suitable one for you unlike the majority of Mortgage Brokers who are restricted to their own products. We work independently to Estate Agents meaning we only have your interests at heart.
We’re able to provide Mortgage Advice in Scunthorpe anytime you fancy. It’s really up to you when you would like to interact with us. Whenever you choose to approach us, we’ll provide you with the same, high-quality Mortgage Broker experience.
You can visit your own bank for Mortgage Advice in Scunthorpe however, their Mortgage Advisors are only allowed to offer products from one company. Also, their Mortgage Advisors are often hard to speak with and if you’re actively viewing properties this can be frustrating, especially if you’re hoping to speed up your mortgage application.
If you have been to your bank then please also seek Mortgage Advice from a Mortgage Broker in Scunthorpe, like us to compare deals.
Don’t panic – you’re in safe hands with us! We’re very experienced Mortgage Brokers in Scunthorpe and we have in-depth knowledge of lending criteria.
The most popular reasons for being declined are; income mix, low credit score, property type, failed affordability and the bank won’t lend enough. The good news is that we work with a very large panel of Mortgage Lenders, and we can usually help with most mortgage scenarios.
We make sure that here at our Mortgage Broker in Scunthorpe, we’re always on your side and that we work solely for you.
We’re here to support you through the journey of your mortgage when you approach us to help you with your mortgage. It’s all part of our job to make you feel relaxed, be honest, find you the most suitable mortgage deal and to provide help and guidance right up until your completion day.
We understand that buying a new property isn’t always easy and the home buying process can be very daunting, especially if you are a first-time buyer or haven’t moved home in a while.
But if you choose us as your Mortgage Broker in Scunthorpe then we make sure that you’ll only see the bright side of mortgages and the enjoyable side of the applications – which is how it should be – we’re here to help you through every step of the way.
Rest assured, your dedicated Mortgage Advisor in Scunthorpe will be there when you need them to go the extra mile for you.
Your free mortgage consultation in Scunthorpe 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 Scunthorpe, 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 Scunthorpe. 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 Scunthorpe 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.