To get a mortgage, you will need to save a deposit of at least 5%. However, the
more you can save, the better your rate will usually be. If you already own your
own home, you can use the equity in your property for this. Our
expert mortgage advisors can talk you through the benefits and the
difference in your monthly payments by increasing your deposit.
Once you have found the property you want to buy, our mortgage brokers will
assess your personal needs and circumstances and recommend a mortgage product
that is right for you. They will compare hundreds of mortgage quotes, including
a number of exclusive products that cannot be found on the high street or
comparison sites, and ensure that you get the right deal at a great price.
If you are happy with the mortgage product your advisor recommends, you
will then receive an Agreement in Principle (AIP). This will give you an
approximate sum of how much the lender is willing to let you borrow, and enable
you to put an offer in on your dream home.
If your offer is accepted, you will need to appoint a solicitor to handle
searches, surveys and contracts, which we can arrange for you. We handle the
entire mortgage application process through to completion, liaising with your
solicitor and lender to ensure that your application is a success.
If you are looking to remortgage, then we recommend looking for a new
mortgage deal around 3 months before your current deal expires. Starting early
will give you plenty of time to compare all the available mortgage products and
submit your application. If your mortgage is approved early there’s no
need to panic, as we will ensure that the completion date corresponds with your
current deal’s end date.