Are you a first time buyer in Sutton Coldfield looking to purchase your first home? Our team of mortgage advisors in Sutton Coldfield are here to help you every step of the way.
At our mortgage broker in Sutton Coldfield, we have helped many first time buyers find the right mortgage deal for their individual circumstances.
We understand that the home buying process can be daunting and overwhelming, so we are here to take the stress away.
If you’re a first time buyer in Sutton Coldfield, get in touch with one of our expert mortgage advisors today and receive a free mortgage consultation.
Our mortgage advisors in Sutton Coldfield will be available to answer any queries you may have and talk you through the mortgage process.
We can look at your income, expenditure and credit history to search through 1000’s of deals to recommend the most suitable mortgage for your circumstances.
When applying for a mortgage, affordability is key. Your lender will take into consideration your annual salary, other income, outgoings, credit file and how much you have saved for a deposit.
Our mortgage advisors in Sutton Coldfield have a vast knowledge of lenders’ criteria and will provide expert mortgage advice in Sutton Coldfieldfind the right mortgage for your individual circumstances.
The government has introduced various schemes to help first time buyers in Sutton Coldfield, such as the Lifetime ISA and the Right to Buy Scheme.
Being a open and honest mortgage broker in Sutton Coldfield our mortgage advisors in Sutton Coldfield are familiar with all the current government schemes available and can help you decide if they are suitable for you.
As a reliable and experienced mortgage broker in Sutton Coldfield with over two decades of experience in the mortgage sector, we have helped countless first time buyers in Sutton Coldfield to get on the property ladder, easing their worries and striving to help them obtain their desired outcome with their first home.
Our mortgage advisors in Sutton Coldfield have a wealth of expertise and experience in this field. There is rarely a situation that we have not encountered.
For many of our customers, especially first time buyers, part of the stress and uncertainty can be due to not knowing how much they can borrow and what their monthly outgoings will be.
Your dedicated mortgage advisor in Sutton Coldfield can provide you with an approximate estimate of this, giving you a better understanding and fewer unanswered questions about your process.
Typically, after finding a property you like, the next step is to obtain an Agreement in Principle, also known as a Decision in Principle, DIP or AIP. Regardless of the name, the purpose is the same.
Typically, after finding a property you like, the next step is to obtain an Agreement in Principle, also known as a Decision in Principle, DIP or AIP. Regardless of the name, the purpose is the same.
Typically, after finding a property you like, the next step is to obtain an Agreement in Principle, also known as a Decision in Principle, DIP or AIP. Regardless of the name, the purpose is the same.
Our mortgage advice team can usually provide you with an AIP within 24 hours of your initial appointment
Fantastic news! Your next step is to get back in touch with your mortgage broker in Sutton Coldfield. They will be able to progress your mortgage application and handle all the paperwork on your behalf.
We come across numerous scenarios and obstacles all the time, so your experienced advisor is likely to have encountered something similar in the past. With this knowledge, they will work hard to ensure you get a favourable outcome.
We often hear from first time buyers in Sutton Coldfield who have been turned away from their bank, for reasons such as bad credit or no credit.
Our team of mortgage and protection specialist advisors in Sutton Coldfield will work hard to try and find a solution to any issues you face. Get in touch to book your free initial mortgage appointment and benefit from mortgage advice in Sutton Coldfield.
Our Customers Love Us
4.99 Rating69 Reviews
James
Jason and his colleagues at UK Moneyman have been amazing from the start. When we began the process of house buying and finding a mortgage we knew very little, but Jason explained much to us in a telephone consultation and outlined all our options....
3 months ago
Samantha
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
3 months ago
Shelline
Leo Shakespeare and Stacey Jopling has work long side each other to made this entire journey extremely smooth and informative as a first time buyer. His service has been phenomenal. I had been rejected from many other brokers and banks and he...
6 months ago
Nafesa
I have been dealing with Wendy and Malcolm in regards to my house purchase and I could not recommend these enough. A true credit to the company. Very efficient with communication and solving any issues that needed to be addressed. Would highly...
8 months ago
Anonymous
Incredibly helpful, supported throughout whole process
8 months ago
Nazeef
Fantastic experience. Charlie helped me race through to secure the best mortgage offer, best plan for life and critical illness insurance. Very approachable and responsive even with any queries I had after everything was completed.
9 months ago
Tyler
Had great help from both Joe and Chris and Chloe who were all friendly and always happy to help
1 year ago
Rosie
Made everything very easy, we are first time buyers and they couldn't have been more helpful or informative. They didn't make us feel like we were stupid for not know anything about buying a house and talked us through the entire process. They even...
1 year ago
Sophie
Tom and Meghan were brilliant throughout the entire process! Both were friendly and knowledgeable and explained everything to us clearly and answered our countless questions and gave us clarification where we needed it. Both were easy to contact and...
1 year ago
Esme
Super helpful, made the whole process really easy and explained everything as we went along. Pretty good at keeping in contact, keeping us up to date and explaining the choices we had and then giving us the time to discuss and make those decisions.
1 year ago
Sheikh
I must say I am very pleased with the service I recieved from Moneyman, they set up regular calls and kept us updated throughout the checking progress. Fairly priced fees and very knowledgeable! I would highly recommend their services
1 year ago
Abdassami
Second time with this broker and it's been an amazing experience. Would definitely recommend. Anna and Matt were brilliant.
1 year ago
Nicholas
We couldn't be happier with the service provided. Matt has been professional, helpful and extremely supportive throughout our process. We will certainly be recommending you to friends. Communication was 5* and Matt was available at any point...
1 year ago
Asia
Great team - very good communication and very nice, helpful team that made it possible for me! Thank you for the great service.
1 year ago
Andrew
To say we have had a nightmare of a process of trying to buy a house would be an understatement, however Wayne and team were the bright light that helped us get through it. Can't thank them enough for their help.
1 year ago
Kazim
That nice 😊
1 year ago
Kristina
Brilliant service! Would highly recommend! Tom at the Birmingham branch was amazing. We're first time buyers so we were very unsure of the whole process and had lots of questions. Tom gave us all the support and guidance we needed and was there for...
1 year ago
Anonymous
Moneyman were really supportive during this process. After our first house fell through following downvaluation, they were really helpful in outlining the process moving forward and supporting us through the next house sale. Couldn't be happier with...
1 year ago
Eleanor
Thank you so much for your support Even when I Couldn't get hold of anyone else During the pandemic Your staff were there to encourage me to press on with the mortgage after Thanks for your help and the guidance Thanks for giving me a chance And...
2 years ago
Anonymous
Very good service, unbelievable fast to apply my mortgage. Thank you all of you.
2 years ago
Having a conversation with a professional mortgage advisor in Sutton Coldfield is essential to discuss your mortgage scenario.
Our dedicated mortgage advisor in Sutton Coldfield will carefully analyse your income and expenses during a complimentary mortgage appointment. This evaluation will enable us to determine the maximum borrowing capacity available to you as a first-time buyer in Sutton Coldfield.
Don't hesitate to reach out to us and schedule your consultation. We are eager to assist you in achieving your mortgage objectives.
We have a team of experts who can connect you with a wide selection of lenders offering specialised products designed specifically for first-time buyers in Sutton Coldfield. This will assist you in embarking on your path to becoming a homeowner.
Following your consultation, we will swiftly obtain your mortgage agreement in principle (AIP), typically within 24 hours. An AIP serves as proof to sellers that you are dedicated to proceeding with the purchase, enhancing your credibility as a buyer.
After your offer on a property is accepted, our committed mortgage advisor in Sutton Coldfield will handle the submission of your mortgage application and organize any additional documentation required by the lender.
Throughout the mortgage process, your dedicated case manager will provide regular updates, ensuring you are well-informed at every stage. We are here to support you throughout the journey of obtaining the keys to your new home.
Alongside finding the most suitable mortgage deal for first time buyers in Sutton Coldfield, our team is dedicated to assisting you in acquiring comprehensive insurance coverage to protect you and your loved ones financially.
Obtaining insurance while securing a mortgage offers a vital safety net in case of unexpected events like death, disability, or job loss. Insurance products that cover mortgage payments provide reassurance that in such circumstances, the borrower's family won't be burdened with the responsibility of paying off the mortgage.
As a friendly and experienced mortgage broker in Sutton Coldfield we are passionate about helping first time buyers secure their dream home in the area.
From the moment you make your first call to us, right through to receiving the keys to your new home, our dedicated mortgage advisors in Sutton Coldfield will be with you every step of the way, offering support and guidance and answering any questions you may have about your mortgage.
Unlike the high street banks, we are able to search through thousands of mortgage deals to find the one that best suits your individual circumstances – both financially and personally.
If you would like us to, we can also help you to make offers to estate agents, find conveyancing solicitors and decide on the best survey for your property.
We want to take the stress out of the process for you and manage all the paperwork. The exciting part is finding the property you like – and that’s all down to you!
Please read our genuine customer reviews to get an accurate picture of the level of dedication and support we provide to all our clients. We take your satisfaction seriously.
Our mortgage advice team in Sutton Coldfield are available seven days a week, from 8am to 10pm, so you can get in touch with us at a time that suits your family and work commitments.
We always aim to take the stress away and manage all the paperwork for you. The exciting part is finding a property that you like, and that part is solely up to you!
As a mortgage broker in Sutton Coldfield, we have supported numerous applicants in taking out a second mortgage, and in some cases, more than two!
There are various reasons why one may wish to take out additional mortgages, such as for buy to let in Sutton Coldfield, let to buy, holiday let, for family members, and many other purposes.
It’s important to note that most mortgage lenders require a substantial deposit and a good credit score to be eligible for another mortgage. Additionally, the borrower must be able to afford the monthly mortgage payments.
If you are applying for a let to buy or buy to let mortgage in Sutton Coldfield, the tenant’s monthly rental fee should be able to cover the costs of the mortgage payments.
If you’re considering taking out another mortgage in Sutton Coldfield, we highly recommend consulting with an expert to determine your eligibility.
Our team has extensive experience in the mortgage industry, spanning over 20 years, and we would be delighted to help you!
As a mortgage broker in Sutton Coldfield, our job is to support you throughout your entire mortgage journey.
Our team of experts will work with you to identify the most appropriate mortgage product based on your personal and financial situation. We will also help you prepare your mortgage application and remove any stress from the process, working to help you achieve your dream of owning a home.
With experience helping various types of buyers, we specialise in areas such as buy to let, self employed mortgages in Sutton Coldfield and mortgages for over 50s, as well as mortgage insurance and protection.
Booking a free mortgage appointment or arranging a callback with one of our mortgage advisors in Sutton Coldfield, to get the mortgage advice in Sutton Coldfield you need, has never been easier.
An agreement in principle (AIP), also referred to as a decision in principle, is a document provided by a lender indicating their willingness to offer you a mortgage loan. This requires you to provide proof of your income and affordability for a mortgage in Sutton Coldfield.
Having an AIP is a critical step in the mortgage process. AIPs are used to make offers on properties and can help you in negotiating with sellers and negotiating for prices.
For instance, if two buyers approach a seller and one has an AIP while the other does not, the seller will almost always choose the buyer with the AIP, as they have already been approved in principle and can progress faster through the mortgage application process.
AIPs are typically valid for 30-90 days and can be renewed upon expiration. To obtain an agreement in principle, you may speak with a mortgage advisor in Sutton Coldfield.
Your free mortgage appointment will last approximately 30-60 minutes. During this time, you will have the opportunity to speak with one of our mortgage advisors in Sutton Coldfield.
Your mortgage advisor will ask you a few questions to gain a better understanding of your mortgage needs and goals. They will also need to ask about your personal and financial circumstances to determine the types of mortgage products you may qualify for.
After your free mortgage appointment, your mortgage advisor in Sutton Coldfield will research and identify the best mortgage product to suit your unique needs. Tailoring a deal to match your requirements is our speciality!
It is possible to obtain a mortgage in Sutton Coldfield even if you have bad credit. There are mortgage lenders that specialise in such circumstances and offer products designed for buyers with poor credit.
If you have bad credit and are looking for a mortgage in Sutton Coldfield, be prepared to provide a larger deposit, typically around 10 to 15% of the property’s value.
If you need mortgage advice in Sutton Coldfield and want to learn ways to improve your credit score, our mortgage advisors in Sutton Coldfield will be happy to help you and point you in the right direction.
To purchase a property in Sutton Coldfield with a mortgage, a minimum deposit of 5% is typically required by most lenders. The deposit amount is calculated based on the property’s value.
That being said, in some cases, a higher deposit may be necessary, such as 10-15% of the property’s cost, especially if you have a lower credit score.
Poor credit history, missed payments, or outstanding unsecured debt can make mortgage lenders hesitant to approve you for a mortgage in Sutton Coldfield.
Therefore, a higher deposit may be requested to demonstrate your financial stability and ability to repay the loan. Remember, a mortgage is a significant loan, and mortgage lenders want to ensure that their applicants can meet their repayment obligations.
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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
