When it comes to moving home in Telford, it can be an incredibly overwhelming experience. But it doesnāt have to be that way. Let us take care of the mortgage side of the move, so you can focus on the other aspects. As a mortgage broker in Telford, we strive to provide you with the best moving home advice and mortgage options to make your process as stress-free as possible. If you want to get the jump on the process and find out how much you can borrow to help you move into your new house, contact us for a free moving home mortgage consultation.
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If youāre relocating to Telford, our role as your mortgage broker in Telford can help. With more than two decades of experience in the mortgage industry, we understand how to assist home movers like you. We have access to thousands of moving home mortgage products, and our moving home mortgage advisors in Telford will pick out the best one for you. Get a quote today, and meet with your advisor. Let us make moving home in Telford a breeze.
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If you're planning to move to a new home in Telford and you have an existing mortgage, there are two options to consider. The first is to port your mortgage, which means moving it to your new property while keeping the same terms and interest rate. But this option requires approval from your lender and certain conditions must be met, including the new property meeting their lending criteria. The second option is to pay off your current mortgage and apply for a new one for your new property, which can be achieved by selling your current home. To determine the best choice for your situation, it's important to consult with your mortgage lender and a mortgage broker to explore your specific options based on your financial circumstances.
There are various costs involved with moving home in Telford. Here are some common expenses you might encounter during the moving process:
Estate Agent Fees: When selling a property, you may need to pay estate agent fees, the amount will be based on a percentage of the final selling price.
Conveyancing/Solicitor Fees: To handle the legal aspects of the property sale and purchase, you will need to enlist the services of a solicitor or licensed conveyancer. Their assistance comes with associated fees for their expertise and support.
Property Surveys: Prior to purchasing a new property, it's advisable to consider conducting a survey to assess its condition. The costs of the survey can vary depending on the level of detail and comprehensiveness you opt for.
Stamp Duty: When the property you are buying surpasses a specific price threshold, there is a possibility that you will be required to pay Stamp Duty Land Tax. The amount of tax owed varies depending on the value of the property and your individual circumstances.
Mortgage Arrangement Fees: When obtaining a mortgage for the new property, it's important to take into account that certain mortgage deals may include arrangement fees.
Removal Costs: Transporting your belongings to the new property by hiring a professional removal company will involve incurring expenses.
You have the option to expedite the repayment of your mortgage in many instances. However, it's crucial to gain a thorough understanding of the specific terms and conditions regarding early repayment. To do so, carefully review your mortgage agreement or promptly seek advice from a financial expert.
Moreover, during the initial fixed or discount periods, several lenders permit borrowers to make yearly overpayments, which can amount to up to 10% of their mortgage balance.
If your mortgage is based on a standard variable rate, you generally have unrestricted freedom to make unlimited overpayments at any time. This allows you to pay off your mortgage faster and potentially save on interest costs.
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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 š
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 Telford, 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 Telford who specialises in mortgages for those looking to move home.
During this appointment, your mortgage advisor in Telford 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 Telford 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 have access to 1000s of mortgage deals, and our advisors are experienced in helping people find the right one for them. Our mortgage advice service includes a free moving home mortgage review, during this review, we will help you calculate your monthly budget and the maximum you can borrow.
Our fast and friendly service also includes a fast turnaround for a mortgage agreement in principle. We can sometimes get one arranged within 24 hours of your enquiry! We understand that each customer is different, and so we offer tailored advice to each individual.
Our customer reviews demonstrate the quality of our mortgage advice service and customer service is at the heart of our company. If you are looking for mortgage advice in Telford, our advisors are available 7 days a week to provide you with the best advice possible.
Are you moving home to Telford? If so, we can help you get the right mortgage for your needs. As a mortgage broker in Telford, we are committed to providing our customers with tailored mortgage advice in Telford and service to help them secure their dream home.
We have helped many people move home in Telford and we want to help you too. Get in touch today to find out how we can make your move as stress-free as possible.
There are various reasons why someone might decide to move home in Telford and get a new mortgage deal, such as to up-size their home to accommodate an expanding family, to move for job or lifestyle opportunities, to be closer to family, to start fresh after a relationship breakdown, to settle in a new home upon retirement, or to Let out the property (Let to Buy).
Even if your situation is not listed above, don't hesitate to reach out to our team. We will be more than happy to take a look at your situation and see what we can do!
No matter what your moving home mortgage scenario is, our experienced mortgage broker in Telford can help you achieve your goals. Our mortgage advisors in Telford can indicate the maximum amount you would be able to borrow, the interest rate that would apply, and the amount of your monthly payments. They can also search thousands of deals to find the most suitable option for your circumstances.
If you have had your mortgage application declined by a Bank or Building Society, our broker team can still help. We work with a large panel of lenders who offer specialist products tailored to clients who may have had credit issues in the past. Our mortgage advisors in Telford have a deep understanding of these products and their criteria.
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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
