Open & Honest Mortgage Advice in Tipton
Welcome to our Mortgage Advice page for your Mortgage Broker in Tipton. We have been delivering Mortgage Advice in Tipton for over 20 years now and have come across almost every single mortgage situation possible. With our complete help and guidance and industry knowledge and experience combined, getting you through your mortgage application should be an easy process.
We know that the mortgage process can be stressful, especially if it’s your first experience with them. We want to take all of this stress away, you deserve to have an easy, smooth process without any complications or obstacles. Combining our experience and mortgage knowledge, we are sure that we will be able to help you through the mortgage process, no matter your situation.
All Situations Considered
As an experienced Mortgage Broker in Tipton, we deal with all different kinds of mortgage situations. Even if we are faced with a mortgage scenario that we haven’t dealt with before, we aren’t afraid to take it on. We love a good challenge here at Birminghammoneyman.
Here are the most common mortgage situations that we come across as a Mortgage Broker in Tipton:
- First Time Buyer Mortgages
- Remortgage Advice
- Buy to Let Mortgages
- Moving Home Mortgage Advice
- Self Employed Mortgages
- Help to Buy in Birmingham
- Right to Buy Mortgage Advice
- Specialist Mortgage Scenarios
If your personal situation isn’t listed above, don’t worry, it is still more than likely that we have already encountered or solved a similar situation in the past. So, don’t hesitate to get in touch as we know how hard it can be to continue through your mortgage application when faced with an obscure problem, that’s why we are here to offer a helping hand so we can get over these hurdles together.
Mortgage Advice for New Purchases & Remortgage Advice in Tipton
First Time Buyer and Moving Home Mortgage Advice in Tipton
Most of our customers are First Time Buyer applicants, however, that doesn’t mean that we won’t be able to help you. On top of our experience, we also have access to thousands of specialist mortgage deals through our huge panel of lenders. If you go directly to a lender, you will only have access to their independent deals. This is exactly the same if you are thinking of Moving Home, we will always aim to secure you a competitive deal that will benefit both your financial and personal situation.
If you choose the broker route, you will also benefit from our amazing customer service. We will take care of you from the point of application all the way through to you getting your keys. As a First Time Buyer, we know that the mortgage process may look stressful and daunting, however, it’s quite the opposite, especially if you go through a Mortgage Broker in Tipton like ourselves.
Remortgage Advice in Tipton
Are you thinking about remortgaging? Is your current deal coming to its end? If so, now could be the perfect time to remortgage. Your Remortgage Advisor in Tipton has access to thousands of competitive remortgage deals, it’s just the case of us finding the perfect one for you that is better than your current one.
Your Mortgage Broker in Tipton even specialises in remortgaging for home improvements, capital raising and debt consolidation. This area can sometimes get a little tricky and that’s why we would recommend that you speak to a professional Remortgage Advisor in Tipton like us.
We Work For You
We have Mortgage Advisors in Tipton available from 8am-10pm, 7 days a week. We aim to work around times that best suit you. Don’t worry, there will always be someone to talk to here, you’re in safe hands.
We want you to feel secure and comfortable during every stage of the process, and that’s why everything between is strictly confidential.
Speak to a Mortgage Advisor in Tipton today
Here at your Mortgage Broker in Tipton, we really value customer service; it’s at the heart of our business. Our amazing service is shown in our customer reviews, feel free to check out our excellent reviews here.
Every one of our friendly Mortgage Advisors in Tipton is here to support you through your whole mortgage journey. We always aim to be responsive, caring, open and honest with you during every step of your mortgage application.
We highly recommend that you take advantage of our free mortgage consultation; we can’t wait for you to get in touch with your Mortgage Broker in Tipton and your Mortgage Advisor in Birmingham.
We search 1000s of mortgage deals across a large number of lenders, including:
How do I transact with my Mortgage Broker in Tipton?
You’ll benefit from a free initial mortgage consultation with one of our experts. Out of hours mortgage advice isn’t a problem, we have in-house mortgage advisors working until late to take your mortgage enquiries. Give us a call anytime from 8am-10pm, 7 days a week, we may be able to help!
Why shouldn’t I go to my bank for Mortgage Advice in Tipton?
The banks’ mortgage advisors are only able to offer their own products. Their mortgage advisors can also be rather hard to get an appointment with, so if you’re actively looking at properties or are ready to offer this can be very frustrating. Approaching a mortgage broker will work in your favour, as we can compare 1000's of deals for you deals not just a limited amount. Our huge panel consist of more than 30 lenders, so finding you that perfect deal shouldn't be a problem for us.
My bank turned me down – Will you be able to get me a mortgage?
Quite often, customers that contact us for mortgage advice have been turned away by their bank for reasons such as income types, credit score, property type and the bank won’t lend enough. More often than not, we are able to help with this; we do have over 20 years of industry experience after all.
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We’ll help and support you anytime you need us, 7 days a week! The home buying process isn’t always easy, we’ll help you over any hurdles you face.
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We’ll aim to make you feel relaxed and be open and honest – We’ll take away the stress.
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Please read our genuine customer Reviews at Reviews.co.uk. Your service is really important to us!
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Mortgage advice is available morning, evening or at the weekend. We’re here at a time that suits you and your family.
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We’re not like a bank – We’re able to search 1000’s of mortgage deals in order to recommend the best one for you!
Common Mortgage Questions
The typical amount needed for a mortgage deposit in Dudley is 5%. Most High Street Lenders require this minimum percentage for mortgage applicants with a ‘good’ credit history. However, if you’ve had credit issues in the past, you may have to expect to put down a higher deposit than usual, sometimes 10-15%.
Yes, it can be possible to get a second mortgage. In some cases, you may even want more than two!
There are lots of different reasons why someone may want to get a second mortgage, perhaps you are looking to consolidate your debts, improve your home or are a Buy to Let landlord looking to increase your Buy to Let portfolio.
Have one mortgage can be stressful enough, if you need Specialist Mortgage Advice in Dudley, don’t hesitate to get in touch.
Your Agreement in Principle (AIP) will last around 30-90 days. If your AIP expires before you get to make an offer on a property, you can easily apply for it to be renewed. A Mortgage Broker in Dudley like us will be able to help you with this!
We always recommend that you secure an Agreement in Principle (AIP) before the viewing properties stage. This is because having one in place shows that you will have the funds to pay for the mortgage, given that you can supply documents to support your income, credit history etc. Having an AIP may also allow room for price negotiation.
A Mortgage Broker in Dudley like us, is here to provide full help and guidance through the whole mortgage process. We don’t just try and find you a competitive mortgage deal, we try and find you a product that is tailored to your personal and financial circumstances.
Your free mortgage consultation in Dudley will last round one hour. During your consultation you will get the chance to speak with a Mortgage Advisor in Dudley. They will ask you some questions about your mortgage needs and your personal and financial situation. Once they have what they need from you, they can then go away and begin searching for the perfect mortgage deal for you! They will try to find one that is competitive and ticks all of the boxes for you.
You will need at least 5% of the sale price of your new build property in Birmingham. The Government will then loan you up to 20% to the value of the property.
Most lenders will use the discount as a deposit for your mortgage. However, some lenders will require you to put down a deposit in addition to the discount. This is sometimes the case if you have credit problems. Our Mortgage Advisors in Birmingham will be able to help answer all of your right to buy deposit questions.
The minimum deposit for a Buy to Let mortgage is usually 25% of the property value. However, this can vary between 20%-40%. One of our Mortgage Advisors in Birmingham will be more than happy to try and answer your Buy to Let mortgage deposit questions.
If you are on your lenders SVR (Standard Variable Rate of Interest), it is more than likely that you will be able to save money! We will compare the new mortgage deals available in Birmingham against your current mortgage deal to work out these savings for you. If you have equity in your property, a remortgage would also allow you to release some of this money if required. Usually, for home improvements.
You can remortgage and increase the size of your mortgage to pay off unsecured debts. Please do not rush into this though as there are some downsides. Always seek Mortgage Advice in Birmingham before consolidating your debts!
Your free remortgage consultation in Birmingham will last around 1 hour. Your remortgage consultation can be carried out over the telephone or video call. We will then compare a new deal vs your current product and recommend the most suitable with no obligation. You can then decide whether you wish to go ahead or not.
The fees will be similar to the ones involved when you started your current mortgage. However, your dedicated Mortgage Advisor in Birmingham will run through all of the fees with you. Taking these into consideration when comparing the savings of the new deal vs your current mortgage.
Your free mortgage consultation in Birmingham will last approximately 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 go ahead.
As your Mortgage Broker in Birmingham, we carry out a Fact Find to establish your needs prior to recommending the most suitable mortgage for you. A credit check is then required for an Agreement in Principle and then once you have provided all the relevant documentation and a valuation of the property has been carried out a formal mortgage offer can be issued
Our Mortgage Advisors in Birmingham recommend that you try and get your Agreement in Principle before you take up the decision of starting to view properties in Birmingham, to avoid disappointment. At the very latest you should obtain one prior to making an offer to assist your bargaining position with the seller.
An Agreement in Principle typically lasts for between 30 and 90 days depending on the lender. If your Agreement in Principle expires it can always be refreshed. If you need help obtaining one, our Mortgage Advisors in Birmingham can usually get one sorted for you within 24 hours of your application.
It can be possible to get a second mortgage on your home in Birmingham for debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if it is for your own use, the use of a family member, a holiday home or a Buy to Let.
To purchase a house in Birmingham, the minimum deposit with High Street Lenders is typically 5% but this can be higher if you have had previous credit problems.
If you have had credit problems you may still be able to get a mortgage but you will likely need to put down a higher deposit than usual, perhaps 15% of the purchase price.
You can get a mortgage in Birmingham once you have submitted at least one year’s accounts. Most lenders use your salary + dividend to calculate the maximum mortgage whereas others go off your net profit.
To prove income it’s usually three payslips for an employee and the latest 2 years’ accounts for Self Employed. In addition, you will need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation in Birmingham typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours and a formal mortgage offer takes about three weeks on average. Before you know it, you will be moving into your new property in Birmingham!
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