Moving home can be stressful, but it doesn’t have to be. Our mortgage brokers in Tamworth can help you find the right mortgage product for your needs. With over 20 years of experience in the mortgage industry, our dedicated team of advisors can help you find the right mortgage product for your needs. Whether you’re looking for a fixed-rate mortgage, a tracker mortgage, or an interest-only mortgage, we have access to thousands of products. We can also provide advice and support on the different types of home moving insurance you can take out to protect your new home. Get in touch with our mortgage broker in Tamworth today, and let us help you move home with ease. We can provide advice and a free consultation to help you find the best mortgage product for your needs.
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Are you looking for the best advice on moving home in Tamworth? Look no further, our mortgage advisors in Tamworth are here to help. Our mortgage advisors in Tamworth can also provide advice and support on the different types of home moving insurance you can take out to protect your new home. Get in touch with us today for the best advice on moving home in Tamworth. Our knowledgeable and experienced team will provide you with the best advice and mortgage product for your needs.
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When moving home in Tamworth, you're buying a new property but your existing mortgage is tied to your current home. You will have two options when deciding what do with your current mortgage.
Your first option would be to port your mortgage; where certain lenders allow you to transfer your current mortgage to the new property, retaining the same terms and interest rate. However, this option is subject to the lender's approval and specific conditions, like the new property meeting their lending criteria.
Your second option would be to pay off your current mortgage and apply for a new one for the new property. You would be able to do this with the sale of your current property. To explore the best course of action, it's essential to consult with your mortgage lender and a mortgage broker to understand the specific options available to you based on your financial situation.
There are various costs involved with moving home in Tamworth. Here are some common expenses you might encounter during the moving process:
Estate Agent Fees: If you are selling your current property, you may need to pay estate agent fees, typically a percentage of the final selling price.
Conveyancing/Solicitor Fees: You'll require a solicitor or licensed conveyancer to handle the legal aspects of the property sale and purchase. They will charge fees for their services.
Property Surveys: Before buying a new property, you may want to conduct a survey to assess its condition. Survey costs can vary depending on the level of survey you choose.
Stamp Duty: If the property you're buying exceeds a certain price threshold, you may have to pay Stamp Duty Land Tax. The amount varies based on the property's value and your circumstances.
Mortgage Arrangement Fees: Some mortgage deals come with arrangement fees, which you'll need to consider when obtaining a mortgage for the new property.
Removal Costs: Hiring a professional removal company to transport your belongings to the new property will incur expenses.
In most cases, it is possible to accelerate the repayment of your mortgage. To fully comprehend the particular terms and conditions related to early repayment, it is essential to review your mortgage agreement or seek advice from an expert promptly.
Furthermore, many lenders allow borrowers to make annual overpayments of up to 10% of their mortgage balance during the initial fixed or discount periods.
For mortgages with a standard variable rate, borrowers typically enjoy unrestricted freedom to make unlimited overpayments.
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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 Tamworth, 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 Tamworth who specialises in mortgages for those looking to move home.
During this appointment, your mortgage advisor in Tamworth 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 Tamworth 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 offer a free moving home mortgage review, which helps you to calculate your budget and the maximum you can borrow. Our fast and friendly service also includes a fast turnaround for a mortgage agreement in principle, and we can often arrange this within 24 hours of your enquiry.
As a mortgage broker in Tamworth, customer service is our number one priority. Our customers always come first and our team is dedicated to offering you the best possible advice and service. Our customer reviews are testament to this commitment, and we want to help you move home in Tamworth too.
Our mortgage advice in Tamworth is available 7 days a week, so you can speak to an expert at a time that is convenient for you. We want to make sure that you get the best service possible, and our experienced advisors have worked with many people moving home in Tamworth.
If you’re moving home in Tamworth and you need help with your mortgage, then get in touch with us today. Our team is always ready to assist and we want to make sure that you receive expert mortgage advice in Tamworth and the right mortgage deal for you. Contact us now to start your journey.
If you are looking for a mortgage advisor in Tamworth, we recommend that you get in touch as soon as possible. Our team can help to indicate the maximum amount you could borrow, the interest rate that applies and the amount of your monthly payments.
During your free mortgage consultation, our advisor can search thousands of deals to find the most suitable option for you. If you decide to go ahead with our recommendation, we can get you an Agreement in Principle (AIP). This will enable you to make an offer on a property purchase in Tamworth.
If your Bank or Building Society has declined your mortgage application, it could be due to a low credit score, or they don’t lend you enough for what you hope to achieve. It is still worth speaking to one of our mortgage advisors in Tamworth to see if we can find a lender that suits your needs. We work with a large panel of lenders that offer specialist products tailored to clients who may have had credit issues in the past. As a mortgage broker in Tamworth, we have a deep understanding of these products and their criteria, so we may be able to help. If you do not fall into any of these categories, please get in touch. Our team has rarely come across a situation we couldn’t help with, and we are always happy to assist.
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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
