Relocating to a new home should be an exciting experience. But the process can become overwhelming if you don’t know where to begin. Luckily, we are here to help. Our mortgage broker in Redditch offers a stress-free way to move home.
If you’re looking to move to Redditch, our team of experienced mortgage advisors can provide you with the best advice and mortgage options available. With over two decades of industry knowledge, we will take the stress out of the process and ensure a smooth transition.
We have access to thousands of different mortgage products, so we can provide you with the right product to help you move home. Get in touch with us now for a free consultation and find out how much you can borrow to move into your new property.
Are you ready to move home in Redditch? Let our mortgage broker help you. We will guide you through the entire process, from getting a mortgage quote to meeting with your advisor.
We make sure to provide you with the best advice and products available so you can move into your new home with ease. Our moving home mortgage advisor in Redditch will work with you to ensure that you get the best mortgage product for your needs.
Don’t let the stress of moving home take away the joy of relocating. Get in touch with us today and find out how we can help you make the process easier.
Yes, in many cases, mortgages are "portable," meaning you can transfer your current mortgage to a new property in Redditch. However, it's important to note that while it is portable, you will still need to go through the mortgage application process again. If there have been changes in your circumstances, you may no longer be eligible for the original terms, and your qualification will be evaluated based on a new credit score.
When moving home in Redditch, there are several more expenses to take into account, particularly when compared to a first time buyer. These costs include estate agency fees, property survey fees, mortgage arrangement fees, solicitor's fees, removal fees, and mortgage broker fees.
As you plan to move, your legal representative will handle the process of using the proceeds from selling your current house to fully pay off your existing mortgage. Should you decide to purchase a new property, you have two options regarding the mortgage. You can either apply for a new mortgage to finance the purchase, or, if your lender permits it, you can transfer your current mortgage to the new property through a process known as "porting." However, keep in mind that porting might require reevaluation based on your financial circumstances and credit score.
Indeed, you have the option to pay off your mortgage in Redditch before the agreed-upon term. Nevertheless, it's crucial to bear in mind that you'll be required to clear any applicable early repayment charges in addition to the outstanding balance. Furthermore, during your introductory, fixed, or discount period, numerous lenders allow you to make annual overpayments of up to 10% of your mortgage balance. If your mortgage is on a standard variable rate, you typically enjoy the flexibility of making unlimited overpayments without any restrictions.
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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
When moving home in Redditch, you need to consider the mortgage side of the process, not just physically moving out of the property.
Getting an expert to assist you through this part of the process can be extremely useful and can let you focus on moving out of the property.
You can easily book a free mortgage appointment online, with a mortgage advisor in Redditch who specialises in mortgages for those looking to move home.
During this appointment, your mortgage advisor in Redditch will gather information from you to get an idea of what sort of mortgage you could access for your new home. If possible, they may also discuss the idea of porting your current mortgage.
Once your moving home mortgage advisor in Redditch has found you the perfect mortgage product for your new home, if you are happy to proceed with us and the product, we can begin preparing your mortgage application.
At this stage in the process, you will be handed over to a dedicated case manager who will be your first point of contact throughout the remainder of your journey.
You will be asked to prepare documents to support your mortgage application so that the lender has evidence of your affordability. Once these are attached to your application, we can send it off to the mortgage lender!
All that is left to do is to wait for your lender to respond. Once we hear back the good news, we will be in touch right away. If there is not a property chain holding up your "move in date", you can grab the keys to your new home and begin moving in!
We know that moving home can be stressful and daunting, but with our support, you can make the process much smoother. Our team of mortgage advisors in Redditch will be by your side when it comes to finding the right mortgage deal for you.
We have access to thousands of mortgage deals, and our advisors will be able to review your budget and help you determine the maximum amount you can borrow. Our service also offers a fast turnaround when it comes to getting an agreement in principle. In some cases, we can get this sorted in as little as 24 hours from your initial enquiry.
As a mortgage broker in Redditch, we understand that each customer is unique, and that is why customer service is at the centre of everything we do. Our customer feedback speaks for itself, and we are proud to be able to offer a service that is second to none.
We are available to offer you mortgage advice in Redditch seven days a week. Our advisors are on hand to talk to you when it is convenient for you. We have helped many people move home in Redditch and are excited to help you too.
If you are looking for mortgage advice in Redditch, get in touch with us as soon as possible. Our team can provide you with an indication of the maximum amount you would be able to borrow, the interest rate that would apply, and the amount of your monthly payments.
During your free mortgage consultation, your advisor will search thousands of deals to find the most suitable option for your circumstances. If you decide to proceed with our recommendation, we can get you an agreement in principle (AIP). With your mortgage AIP now obtained, you will be ready to make offers on a property purchase in Redditch.
Fantastic! Your next step is to get in touch with your mortgage advisor in Redditch. They will be able to progress your mortgage application and provide advice on the types of property surveys. Our team can also recommend a conveyancing solicitor.
It can be frustrating when your Bank or Building Society decline your mortgage application. This could be because your credit score was too low or they will not lend you enough for what you hope to achieve. Don’t worry, our mortgage brokers in Redditch have a deep understanding of specialist products and their criteria.
We work with a large panel of lenders who offer these products to those who may have had credit issues in the past. Our team have rarely come across a situation we couldn’t help with, so please do not hesitate to contact us.
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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
