Open & Honest Mortgage Advice in Stafford

As a first time buyer in Stafford, you may be feeling intimidated in taking that first step on the property which is understandable when you are taking on one of the biggest financial commitments. The good news is that seeking trusted mortgage advice in Stafford can help with this! Our free mortgage appointment can help in kickstarting your mortgage journey by speaking to one of our excellent advisors. Book yourself in for an appointment at a time that suits you by contacting our team or through our book online system. Your dedicated advisor will be with you throughout the process to answer any of your questions and provide you with regular updates regarding your application.

Within your mortgage appointment, one of our mortgage advisors in Stafford will ask you a number of questions to build up an idea of your financial background which they will utilise when they are completing an affordability assessment on you. From this, they can see what deals you may be able to access and find the one that is fitting for your situation. Along with this, our team will arrange an Agreement in Principle for you usually 24 hours after your appointment. We do encourage you to ask as many questions as you want so you, as a first time buyer, can understand more about the process and what it entails.

If you are looking at moving home in Stafford, it’s likely that you will have a lot more of an idea of what the mortgage process involves. Regardless of this, we do still recommend that you look at getting mortgage advice in Stafford as this type of process involves additional aspects that differ from the first time around.

The general impression surrounding moving home is that it can be a difficult process that can be stressful, however, it doesn’t have to be! Your priority is to make sure that both the buying process and the selling process ends at the same time. Along with this, you will need to organise your mortgage, which is where our team come in. Having a mortgage broker in Stafford by your side can be beneficial as they can help you with the mortgage aspect of the process by finding the most suitable deal for your situation. This means you can get on with packing up your belongings and selling your current property.

Having over 20 years of mortgage experience under our belts, as a reputable mortgage broker in Stafford we have built a loyal base of budding & existing buy to let landlords who have approached us for buy to let mortgage in Stafford.

We have a variety of buy to let mortgage options such as HMO, Holiday Let and Let to Buy. With a dedicated mortgage advisor in Stafford by your side, they can help you look through our buy to let options in order to find the one that is best for your situation. If you have any questions regarding the process, don’t hesitate to ask!

If you are reaching the end of your mortgage term, it’s time for you to look into remortgage in Stafford. It can be common for those in this situation to forget to look into their options for remortgaging which can result them in being on the lender’s standard variable of rate. Landing on this rate could mean your monthly mortgage payments may increase which is why people look for a different option.

For those who approached us as your mortgage broker in Stafford to get your initial mortgage, our team will email you a reminder 6 months prior to your fixed term ending. By doing this, you will have enough to explore your options and avoid you being placed onto the lender’s standard variable rate. We have a team of remortgage advisors in Stafford who can search through 1000’s of remortgage deals to find the one perfect for you.

As a self employed in Stafford, the process will be slightly different to a regular mortgage of an employed applicant. You will be required to provide sufficient evidence of your income to the lender which can be the tricky part but is something you can do. We have helped many customers who are self-employed achieve their homeowning goals. Same as the process with a regular mortgage, your dedicated mortgage advisor in Stafford will look into your case in detail to find the most suitable mortgage for you as well as help point you in the right direction on your mortgage journey.

Homeowners who happen to be over the age of 55 and meet the right criteria, such as for property value, could find it worthwhile looking at their options for a equity release in Stafford. Equity release in Stafford is typically taken out either as a home reversion plan or more commonly, as a lifetime mortgage in Stafford.

Beyond this, for customers over the age of 50, you may find that there are other potential mortgage options for you, as you head towards later life. These can include options such as retirement interest only (rio) mortgages, term interest only (tio) mortgages, hybrid mortgages, as well as standard mortgages and remortgages in Stafford.

Mortgages for over 50s and especially equity release in Stafford, tends to be a very specialist area and it is key that you get in touch with a qualified and professional mortgage broker in Stafford, to understand your options. We will always look to see if an alternative is more suitable for you first, before we look at equity release in Stafford.

To understand the features and risks, ask for a personalised illustration. Equity Release may come in the form of a lifetime mortgage or home reversion plan.

A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.

A home reversion plan involves selling all or part of your home to a plan provider in exchange for a tax-free lump sum.