It's Free to Speak to an Advisor, 7 days, 8am - 10pm

Landing Page Single M

Mortgage Broker Wolverhampton

& Surrounding Areas

It's free to speak with a mortgage advisor 7 days a week, 8am - 10pm

0121 595 0187Speak to an Advisor - It's Free!

Mortgage Broker Wolverhampton

& Surrounding Areas

It's free to speak with a mortgage advisor 7 days a week, 8am - 10pm

Speak to an Advisor - It's Free! 0121 595 0187

Providing Expert Mortgage Advice in Wolverhampton

Welcome to your online hub for mortgage advice in Wolverhampton, provided by Birminghammoneyman, an experienced and reputable mortgage broker in Wolverhampton!

We have been providing customers with expert mortgage advice in Wolverhampton for over 20 years now and have encountered almost any mortgage situation that might come to mind.

Utilising the help and support we offer, along with our in-depth knowledge of the industry and immense amount of experience, you’ll have a much less stressful mortgage process than you otherwise could have faced.

Speak to an Advisor - It's Free!
Video BG One Video BG Two
Popular Mortgage Scenarios in Wolverhampton

All of our Customers Receive a Free Mortgage Appointment!

We understand that the mortgage process can be quite difficult for some, especially if you are a first time buyer in Wolverhampton taking on the home buying journey for the first time.

It’s our aim to reduce as much stress as possible, providing you with a complication free mortgage process, if we can help it!

With our mortgage knowledge and experience combined, we will do everything we can to help you get one step closer to mortgage success, no matter what your circumstances are!

Our Reviews

Popular Mortgage Scenarios in Wolverhampton

First Time Buyer Mortgages in Wolverhampton

Accorion Arrow

If you are taking on the mortgage process for the first time, as a first time buyer in Wolverhampton, you may be unsure of which steps you need to take.

You will be going through what is undoubtedly one of, if not the largest financial commitment you will ever make, which when you realise this, can understandably be quite an intimidating thought.

As trusted and experienced mortgage advisors in Wolverhampton, it is our job to ensure you are able to find your place on the property ladder, giving you mortgage advice on all the appropriate steps you need to take, on your way to becoming a first time homeowner in Wolverhampton.

For a lot of the customers that we speak to, especially those who are first time buyers in Wolverhampton, a big reason for the anxiety of getting a home, is being unsure of the amount that they are able to borrow and what the monthly mortgage payments could be.

As a dedicated mortgage broker in Wolverhampton, we will be able to give you a general estimate as to what each of these could be, which will hopefully provide you with a much clearer picture and answer some of your mortgage questions and concerns.

Generally, once you have found a property you would like to purchase and call home, the next step is to look at getting an agreement in principle.

This may also be known as a decision in principle, DIP or AIP. Regardless of the name you hear it under, it will do the same thing every time.

Having an agreement in principle to your name will mean that you have passed the initial credit checks that a mortgage lender has done on you and that they are, in principle, agreeing to lend you the funds for to purchase a property, with a mortgage.

Having this to hand will show the seller of the property that you are looking to buy, that you are in fact in a very good position to move forward if they are happy to accept your offer.

This puts you miles ahead of possible other home buyers who are not in this same position, giving you the opportunity to even negotiate on property price.

As a mortgage broker in Wolverhampton, we are typically able to get this turned around within 24 hours of your initial mortgage appointment.

From the first time you get in touch with us, all the way through until you achieve mortgage completion and beyond, your mortgage broker in Wolverhampton has got your back.

Moving Home Mortgages in Wolverhampton

Accorion Arrow

If you are looking to speak with a mortgage broker in Wolverhampton and already live in or near the area by the time you head towards the end of your initial mortgage deal, you may be considering your options for moving home in Wolverhampton.

There are many different reasons as to why you may consider your options for moving home in Wolverhampton, over just taking out a remortgage on your current home.

It could be that you are moving home to create more space for yourself or perhaps for family plans. Maybe you are looking to create better living costs for yourself or even just looking for a change of scenery.
As a trusted and experienced mortgage broker in Wolverhampton, we know that home moving process can prove to be a little stressful.

You will have the stress of trying to find a buyer, packing up all of your belongings and arranging everything else on your new home purchase. The last thing you want is to be dealing with the stress of a mortgage as well. That is where a mortgage broker in Wolverhampton can help!

We work hard to take the weight off your shoulders and help you get through the mortgage process stress-free, whilst you work on the home move.

Buy to let Mortgage Wolverhampton

Accorion Arrow

If you’re looking to make a purchase for a buy to let property, whether you’re a new landlord looking to make a splash on the scene or an existing buy to let landlord, we may be able to help!

Our mortgage team always look to give the same high levels of professional mortgage advice in Wolverhampton, to all who get in touch with us, whether new to this or with an existing property portfolio.

As an experienced mortgage broker in Wolverhampton, we have a great deal of experience in working on buy to let mortgages in Wolverhampton, building relationships with landlords and helping them as their portfolios look to grow.

In addition to looking at standard residential buy to let mortgages in Wolverhampton, we also have the ability to help with HMOs (House of Multiple Occupancy) and holiday lets, if this is something you are looking to achieve.

HMO mortgages are typically taken out on properties with 5 or more occupants, typically seen with things like student accommodation.

These types of buy to let mortgages in Wolverhampton are not always readily available, as not all mortgage lenders will offer them, though we still have plenty on our panel who are willing to lend for a HMO mortgage in Wolverhampton.

For existing landlords looking to grow their property, there may also be the option to take out a remortgage in Wolverhampton on one of your properties.

This can be done to potentially release some equity from within your property, as a means of putting down a deposit on an additional purchase.

The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.

Remortgaging in Wolverhampton

Accorion Arrow

For those who are already existing homeowners, you’ll eventually find yourself heading towards the end of your mortgage deal, considering your options for what to do next.

From this point, you may wish to enquire with a mortgage broker in Wolverhampton for remortgage advice in Wolverhampton, so that you can take out a remortgage on your home.

A remortgage in Wolverhampton is where you will switch from your current mortgage with your current mortgage lender, to a new mortgage with a new mortgage lender.

This is typically done to obtain a better mortgage deal or with a view to release equity from within your home.

Many people will look to take out a remortgage in Wolverhampton once their initial mortgage deal, often a fixed-mortgage period of 2-5 years, is coming to an end.

This is to prevent mortgage payment increases by lapsing on to the mortgage lenders standard variable rate of interest, which is usually much higher.

At Birminghammoneyman, we always make sure that we put our existing customers first and give them a complete guidance and support system, allowing them to make a well-informed decision regarding their mortgage.

Further to this point, we will also make sure that we give you an early reminder, around 6 months before your fixed-period is due to come to an end, so that you have plenty of time to take a look at your mortgage options and so you can make the appropriate arrangements.

We believe in a full, transparent service here at Birminghammoneyman, so if we, as an expert mortgage broker in Wolverhampton, feel like it benefits you more to stay with your current mortgage lender and perhaps take out a product transfer (new mortgage deal, same mortgage lender), we will let you know!

Self Employed Mortgages Wolverhampton

Accorion Arrow

As a mortgage applicant who is self employed in Wolverhampton, you may find that the most challenging part of your mortgage process (more so than is would be for a regular employed applicant) is being able to evidence your income.

This is because a mortgage lender needs to know that your income is both sufficient and consistent enough, before they will consider lending to you.

Whilst it can be a challenge sometimes, it is far from impossible to get a self employed mortgage in Wolverhampton!

Our open & honest team of mortgage advisors in Wolverhampton have an in-depth knowledge of self employed mortgage criteria for the different mortgage lenders we have on panel.

Over our time in the world of mortgages, we have worked with all kinds of self employed mortgage applicants, helping them to find the most suitable mortgage deals for their personal circumstances, from 1000s of different mortgage deals.

Your dedicated mortgage broker in Wolverhampton will take the time to run through your case alongside you, advising on the best steps for you to take so that you can tackle the mortgage process with confidence and a higher chance of achieving mortgage success.

Mortgage Options for Over 50s in Wolverhampton

Accorion Arrow

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 Wolverhampton.

Equity release in Wolverhampton is typically taken out either as a home reversion plan or more commonly, as a lifetime mortgage in Wolverhampton.

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 Wolverhampton.

Mortgages for over 50s and especially equity release in Wolverhampton, tends to be a very specialist area and it is key that you get in touch with a qualified and professional mortgage broker in Wolverhampton, 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 Wolverhampton.
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.

Life Insurance in Wolverhampton

Accorion Arrow

Life insurance in Wolverhampton is something that will pay out when you die.

It is important that homeowners especially, think about their finances and what would happen after they are gone.

A mortgage is no small commitment, it is a large financial outgoing and your family could find themselves struggling to continue with these payments, without a financial support system in place.

There are lots of types of life insurance in Wolverhampton you can look at, with varying terms and conditions.

Having life insurance in Wolverhampton of your own, allows you to worry less, knowing your family are future-proofed against potential financial burdens.

Critical Illness Cover in Wolverhampton

Accorion Arrow

Critical Illness Cover in Wolverhampton is a lump sum payout that will be of benefit to you financially, even when you are able to return to work, if you were to have suffered a serious health event such as a heart attack, stroke or even cancer.

The major downside to this type of cover, is that not every illness will automatically be listed under this type of cover, it entirely depends on the policy that you take out.

Despite this pitfall, it can still prove to be a brilliant way of helping to protect yourself and your family from future financial uncertainty.

Whilst you are able to use your payout for anything you see fit, we often find that many homeowners will use the payout to help them cover monthly mortgage payments, in the absence of any regular income whilst they are out of work.

Income Protection Insurance in Wolverhampton

Accorion Arrow

Income Protection Insurance in Wolverhampton will work in a similar way to Critical Illness Cover in Wolverhampton, though there will be some notable differences between the two.

Whilst there are no limits to what is covered, you are only able to receive a payout if you find you are unable to continue working.

Additionally, instead of a lump sum payout, it typically pays out as a monthly sum, to cover your monthly finances.

Having this type of insurance can be costly, though it can be incredibly beneficial.

Speak to an expert insurance advisor in Wolverhampton to learn more about this and other types of insurance that could be helpful.

Our Customers Love Us

Reviews Stars4.99 Rating73 Reviews

Our Simple 4-Step Process

Book Online

Step 1

Our online process makes booking your free mortgage appointment easier than ever before. Simply choose a preferred date and time, and we will connect you with an expert mortgage advisor in Wolverhampton.

During your appointment, our mortgage advisors in Wolverhampton will ask a series of questions to understand your situation and what you are looking to achieve.

Free Mortgage Apppointment

Step 2

Your mortgage advisor in Wolverhampton will provide you with an Agreement in Principle (AIP) and use this information to search for a suitable mortgage product that meets your needs.

We specialise in all different areas, so matching a mortgage deal to your circumstances shouldn’t be a problem. We will provide you with open and honest mortgage advice throughout the process.

Finding a Suitable Product

Step 3

Unlike going directly to a bank, going down the mortgage broker in Wolverhampton route gives you access to 1000’s of deals through our huge panel of lenders.

You’ll also benefit from our amazing customer service. We will submit your mortgage application to the lender and work with them to get it approved. We will keep you informed throughout the process and answer any questions you may have.

Submit Your Application

Step 4

Once your application is all set, you must submit your mortgage request to the financial institution. We are devoted to making your mortgage journey as seamless and hassle-free as possible.

When it comes time to remortgage in Wolverhampton, we will be in touch to make sure that you are on the best deal available.

Reasons to Choose us

Free Appointment in Wolverhampton

Accorion Arrow

Our times go beyond the regular 9-5, allowing you to pick a day and time that best suits your personal lifestyle. There will always be someone there to answer the phone!

Don’t hesitate to give us a call and get yourself booked in with a mortgage advisor in Wolverhampton today. We know the mortgage world can be a minefield if you’re unsure of what to do or have hurdles to get over.

As an experienced and dedicated mortgage broker in Wolverhampton, we often find ourselves working with a wide variety of mortgage situations. We’re here to offer both help and support, working together to help you find mortgage success!

Search 1000s of products

Accorion Arrow

Each and every one of our friendly mortgage advisors in Wolverhampton is here to offer you a full and complete help and support system, all the way throughout your mortgage journey.

We always aim to be responsive, caring, open and honest with you during every step of your mortgage application process.

We highly recommend that you take advantage of the free mortgage appointment that we offer to all customers who get in touch with us!

We can’t wait to hear from you and provide you with expert mortgage advice in Birmingham and surrounding areas, on your way to achieving all of your mortgage goals.

Our Service

Accorion Arrow

We want to make sure that all of our customers feel both safe and comfortable during each stage of their mortgage process, with our mortgage advisors in Birmingham keeping everything strictly confidential and professional.

Even if we are faced with a mortgage scenario that we have never come across in the past, we will do our best to use similar instances we have seen before, to help you overcome your obstacles! The team here at Birminghammoneyman do love a good challenge.

As a long standing and reputable mortgage broker in Birmingham and surrounding areas, such as Wolverhampton, we truly do value high quality customer service. It is the heart and soul of our business, embedded in the very fibre of what we do.

7 Days a Week

Accorion Arrow

Here at Birminghammoneyman, we have a responsive team of mortgage advisors in Wolverhampton here that work 7 days a week, from early until late, with appointments you can choose from, subject to availability.

Our high levels of service is showcased when you take a look at our excellent customer reviews from very happy service users, who got the result they wanted as either a first time buyer in Wolverhampton, someone looking to remortgage in Wolverhampton or something else.

Malcolm and Amy Davidson - Mortgage Advice in Birmingham

Common Mortgage Questions in Wolverhampton

How much deposit do I need for a mortgage in Wolverhampton?

Accorion Arrow

Most mortgage lenders will require you to put down a minimum deposit of 5%. This amount is based on the property value you are looking to buy in Wolverhampton.

Sometimes, you may be asked to provide a larger deposit for your mortgage in Wolverhampton, such as 10%-15% of the property price. This may be due to your credit score. If you have bad credit, you may have missed payments in the past or have unsecured debt in your name; remember that a mortgage is a loan, a huge loan, and they will not want to lend to an applicant that may be unable to meet their repayments. This is why they ask for a higher deposit, to prove your reliability.

I have bad credit in Wolverhampton, can I get a mortgage?

Accorion Arrow

Even with bad credit, it is still possible to obtain a mortgage in Wolverhampton. Certain mortgage lenders specialise in these circumstances and provide products for buyers with poor credit.

If you have bad credit and are looking for a mortgage in Wolverhampton, you should be aware that you may be asked to provide a larger deposit, usually around 10%-15%.

If you require mortgage advice in Wolverhampton and want to find out ways to improve your credit score, our mortgage advisors in Wolverhampton would be more than happy to offer a helping hand and point you in the right direction.

How does my free mortgage appointment in Wolverhampton work?

Accorion Arrow

Your free mortgage appointment will roughly last around 30-60 minutes. During this time, you will get the opportunity to speak with one of our mortgage advisors in Wolverhampton.

Your mortgage advisor in Wolverhampton will ask you some questions to learn a bit more about your mortgage situation and what you are looking to achieve. They will also have to ask you about your personal and financial situation to get an idea of what sort of mortgage products you may be able to access.

Following your free mortgage appointment, your mortgage advisor in Wolverhampton will be able to go away and find you the perfect mortgage product to match your individual situation. Finding a tailored deal for you is what we do best!

When should I get an Agreement in Principle in Wolverhampton?

Accorion Arrow

Firstly, an agreement in principle, also known as an AIP, is a document given to you by a lender stating that they are willing to lend to you. This is agreed in principle of you providing evidential documents to support your income and affordability for a mortgage in Wolverhampton.

Having an AIP is an essential part the mortgage process. AIPs are used to make an offer on a property and can often help you bargain with the seller and negotiate prices. For example, if two buyers approach a seller and one has an AIP and one doesn’t, 99% of the time, the seller will choose the buyer with the AIP as they have already been agreed in principle and they will move quicker through the mortgage process.

AIPs last between 30-90 days and can be renewed once they expire. To get an agreement in principle, you can speak with a mortgage advisor in Wolverhampton. Our mortgage advisors here would be more than happy to help!

Why use a mortgage broker in Wolverhampton like us?

Accorion Arrow

Our job as a mortgage broker in Wolverhampton is to support you through your entire mortgage process. We will help you find the most appropriate mortgage product for your personal and financial situation, help you prepare your mortgage application, take every bit of stress out of the process and most importantly help you get the keys to your dream home.

We are experts in the mortgage field, and we have experience helping all different types of buyers. We also specialise in anything from buy to let and self employed mortgages to equity release and mortgage insurance and protection. Getting the mortgage advice in Wolverhampton that you need has never been easier too, you can simply book a free mortgage appointment or schedule a callback with one of our mortgage advisors in Wolverhampton online.

Can I Get a Second Mortgage in Wolverhampton?

Accorion Arrow

As a mortgage broker in Wolverhampton, we have helped many applicants take out a second mortgage, in some cases more than two!

There are a variety of reasons why someone may want to take out more than one mortgage, for example, buy to let, let to buy, holiday let, for family members, and many more. You must know that most lenders require you to have a large deposit and a good credit score to be able to take out another mortgage, not to mention, you must be able to afford to cover the mortgage payments each month. If you were taking out a let to buy or buy to let mortgage in Wolverhampton, your tenant should cover these costs.

If you are thinking of getting another mortgage in Wolverhampton, we would strongly recommend speaking with an expert to work out your eligibility. Our team have been working within the mortgage industry for over 20 years and would be more than happy to try and help!

How can a mortgage broker help first time buyers in Wolverhampton?

Accorion Arrow

We are always talking to new and excited first time buyers in Wolverhampton, just like you! Our team love helping customers to achieve their dreams and find a home to call their own.

It’s not just experience we bring to the table, our mortgage advisors in Wolverhampton are also able to access thousands of specialist mortgage deals on our vast panel of mortgage lenders.

When going directly to the bank, you only have access to mortgage deals from the mortgage lender you are speaking to.

What we can do, is compare various mortgage lender deals against each other and find the best, most suitable mortgage deal for your own personal situation!

This is exactly the same if you are thinking of moving home in Wolverhampton too.

As a part of the service you receive when enquiring with a mortgage broker in Wolverhampton, we will always aim to secure a competitive deal that will benefit both your financial and personal situation.

If you choose to work with a mortgage broker in Wolverhampton like us, you will also benefit from receiving top tier customer service.

As a mortgage broker in Wolverhampton, we will take great care of you, from the very first point that you get in touch, all the way through until you get the keys to your new home and even beyond that!

As a first time buyer in Wolverhampton, we know that the mortgage process may look stressful, however, it’s quite the opposite, especially when using the help and services of an expert mortgage broker in Wolverhampton, like us.

Are you looking to remortgage in Wolverhampton?

Accorion Arrow

If you are an existing homeowner reaching the end of your initial mortgage deal, or have a buy to let mortgage in Wolverhampton, it may be time for you to start looking at your options for a remortgage in Wolverhampton.

Your dedicated remortgage advisor in Wolverhampton has access to thousands of competitive remortgage deals. If you’re remortgaging to find a better deal, they will do what they can to make sure it is as favourable as it can be.

Your mortgage broker in Wolverhampton even specialises in remortgaging for home improvements, capital raising options (releasing equity) and an array of other choices, including mortgages for over 55’s.

Get in touch today and a trusted mortgage broker in Wolverhampton will take a look at your situation and see how they can help you on the next step of your mortgage journey.

Why speak to a mortgage advisors in Wolverhampton?

Accorion Arrow

As a long standing and reputable mortgage broker in Birmingham and surrounding areas, such as Wolverhampton, we truly do value high quality customer service. It is the heart and soul of our business, embedded in the very fibre of what we do.

Our high levels of service is showcased when you take a look at our excellent customer reviews from very happy service users, who got the result they wanted as either a first time buyer in Wolverhampton, someone looking to remortgage in Wolverhampton or something else.

Each and every one of our friendly mortgage advisors in Wolverhampton is here to offer you a full and complete help and support system, all the way throughout your mortgage journey.

We always aim to be responsive, caring, open and honest with you during every step of your mortgage application process.

We highly recommend that you take advantage of the free mortgage appointment that we offer to all customers who get in touch with us!

We can’t wait to hear from you and provide you with expert mortgage advice in Birmingham and surrounding areas, on your way to achieving all of your mortgage goals.

We Search 1000s of Mortgages in Wolverhampton

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Halifax
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
Precise Logo
HSBC
Nationwide
Skipton
Pepper Money
Mortgage Works
Coventry Building Society
Santander
Natwest Mortgage Advice
Newcastle Building Society
Kensington Logo
Accord Mortgages
Aldermore Mortgage Lender
Beverley Building Society
Kent Reliance
Virgin Money & Mortgages
Leeds Building Society
Scottish Widows
Foundation Home Loans

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

Equity Release Council Logo Solla Later Life Logo
Facebook Image X Image Instagram Image YouTube Image LinkedIn Image SpotifyImage TikTok Image

Speak to an Advisor – It’s Free!
7 Days a Week, 8am – 10pm

Speak to an Advisor - It's Free Enquire Online 0121 595 0187
We use cookies to enhance your customer experience. More detailsGot It