It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
When it comes to moving house, there’s no denying that it can be a stressful experience. But it doesn’t have to be that way. Let us take care of the mortgage aspects of the move, so you can focus on the rest.
At our mortgage broker in Wolverhampton, we make it our mission to provide you with the best advice and mortgage options available to make moving home a smooth and hassle-free process.
If you want to get ahead of the game and discover how much you can borrow to help you move into your new home, get in touch for a free moving home mortgage consultation.
If you’re planning on moving home in Wolverhampton, our job as a mortgage advisor in Wolverhampton can help. With over 20 years of experience in the mortgage industry, we know how to assist home movers like you.
We have access to thousands of moving home mortgage products, and our moving home mortgage advisor in Wolverhampton will find the best one for you.
Get a quote now, and meet with your advisor. Let us take the stress away from moving home in Wolverhampton.
If you’re considering moving to a new residence in Wolverhampton and already have an existing mortgage, there are two potential options worth exploring.
Firstly, you have the option to port your mortgage. This involves transferring your current mortgage to the new property while maintaining the same terms, conditions, and interest rate. However, it’s important to note that this alternative requires approval from your lender, and certain conditions must be met, such as ensuring that the new property meets their lending criteria.
Secondly, you can choose to pay off your current mortgage and apply for a new one for your upcoming property. This process can be facilitated by selling your existing home. To determine the best choice for your specific circumstances, it’s crucial to have open discussions with both your mortgage lender and a mortgage broker. They can conduct a thorough assessment of your financial situation and explore personalized options to help you make an informed decision.
When moving home in Wolverhampton, there are several costs you should be aware of, and your mortgage advisor in Wolverhampton will guide you through them. Here’s a brief summary of these costs:
Estate Agent Fees: When selling your property, you’ll need to pay estate agent fees, typically calculated as a percentage of the final selling price.
Conveyancing/Solicitor Fees: Before purchasing a new property, it’s advisable to conduct a survey to assess its condition. Survey costs vary based on the level of detail and comprehensiveness you opt for.
Stamp Duty Land Tax: If the price of the new property exceeds a specific threshold, Stamp Duty Land Tax may apply. The amount depends on the property’s value and your individual circumstances.
Mortgage Arrangement Fees: Some mortgage deals may include arrangement fees, which should be taken into consideration when securing a mortgage for the new property.
Removal Costs: Hiring a professional removal company to transport your belongings to the new property will incur expenses.
If you are contemplating accelerating the repayment of your mortgage, it is crucial to have a clear grasp of the terms and conditions related to early repayment.
Take the time to thoroughly review your mortgage agreement or consider consulting a financial expert to gain a comprehensive understanding of the implications. Depending on your lender, you may have the option to make yearly overpayments of up to 10% of your mortgage balance during the initial fixed or discount periods.
For those with a standard variable rate mortgage, the freedom to make unlimited overpayments at any time is generally available. This flexibility can significantly contribute to paying off your mortgage faster and potentially reducing overall interest costs.
Having worked within the mortgage industry for over two decades, our team of experienced mortgage advisors in Wolverhampton have come across almost every single moving home mortgage scenario. There are various reasons why someone might decide to move home in Wolverhampton and get a new mortgage deal, some of which include:
Whether you are relocating to Wolverhampton or looking to move within the West Midlands, our team of mortgage advisors have helped many moving home customers achieve their goals.
Our Customers Love Us
4.99 Rating74 Reviews
Philip
Dan and Jonathan were very helpful and explained everything in detail. We were able to then make an informed decision on our lifetime mortgage.
6 days ago
Philip
Dan and Jonathen explained everything in a clear and concise manner and were quick to address any concerns. All in all it has been a straightforward experience.
1 week ago
Anonymous
Great brokers, very helpful and efficient.
3 months ago
Charlotte
Fantastic! So quick and efficient and answered all of my questions! Jason and Jo were great, i couldn’t recommend them more! As first time buyers it was an overwhelming process but they made each step so easy! We would certainly recommend!
4 months ago
Rasna
Dinah and Stacey, both have been amazing dealing with my mortgage. I can’t recommend them enough, Dinah has been helpful and has gone above and beyond to get the support/advice I need. I’ve had to change my property and both Dinah and Stacey...
6 months ago
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....
10 months ago
Samantha
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
10 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...
1 year 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...
1 year ago
Anonymous
Incredibly helpful, supported throughout whole process
1 year 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.
1 year 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.
2 years 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...
2 years ago
Asia
Great team - very good communication and very nice, helpful team that made it possible for me! Thank you for the great service.
2 years 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.
2 years ago
When relocating to a new home in Wolverhampton, it's essential to consider the mortgage aspect of the process, not just the physical move itself.
Seeking the assistance of an expert mortgage broker in Wolverhampton during this phase can be highly beneficial, allowing you to focus on the moving process without worries.
Booking a free mortgage appointment online with a specialized mortgage advisor in Wolverhampton for home movers is a straightforward process.
During this appointment, the mortgage advisor in Wolverhampton will gather relevant information from you to determine the type of mortgage that suits your new home. They may also explore the possibility of porting your current mortgage if applicable.
Once your dedicated moving home mortgage advisor in Wolverhampton finds the perfect mortgage product for your new property, and if you're satisfied with the choice, the preparation of your mortgage application will commence.
At this stage, a dedicated case manager will be assigned to be your primary point of contact throughout the rest of the journey.
You'll be asked to gather and submit documents that support your mortgage application, providing evidence of your affordability to the lender. Once these documents are attached to your application, it will be sent off to the mortgage lender for processing. Now, all that's left to do is wait for the lender's response. Upon receiving the good news, we will promptly get in touch with you. If there are no property chain complications delaying the "move-in date," you can collect the keys to your new home and start the moving process right away!
We have access to 1000s of mortgage deals, and our expert advisors can help to find the right one for you. 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 that you can borrow.
We understand that each customer is different, and we want to make sure that you get the best service possible. Our customer reviews show off our fantastic mortgage advice service, and customer service is at the heart of our company.
Mortgage advice in Wolverhampton is available 7 days a week; you can speak to an expert at a time that best suits you. We have worked with many people moving home in Wolverhampton, and we want to help you next!
Moving home can be a stressful time, but it doesn’t have to be. As a mortgage broker in Wolverhampton, it is our job to take the hassle out of the process and help you to get the mortgage that you need.
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!
If you’re looking for expert mortgage advice in Wolverhampton, we recommend getting in touch with us as early as possible in the process. Our team can indicate 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 mortgage advisor in Wolverhampton 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 Wolverhampton.
This is excellent news! Your next step is to get in touch with your mortgage advisor in Wolverhampton. They will be able to progress your mortgage application. Our team can also help with the types of property surveys and recommend a conveyancing solicitor.
There are several reasons why your Bank or Building Society may decline your mortgage application. It could be that your credit score was too low, or they will not lend you enough for what you hope to achieve. However, it is still worth speaking to a mortgage broker in Wolverhampton to see if we can find a suitable lender.
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 Wolverhampton have a deep understanding of these products and their criteria.
If you do not fall into any of these categories, please contact us. Our team has rarely come across a situation we couldn’t help with, and we will be happy to assist you.
Read our 74 Reviews
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
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