How does the free mortgage consultation in Bromsgrove work?

Your free mortgage consultation in Bromsgrove will last round 30 minutes. During your free mortgage appointment you will get the chance to speak with an expert mortgage advisor in Dudley.

They will ask a series of questions about your mortgage needs and your personal and financial situation. Once they have what they need from you, they can then go away and begin searching 1000’s of deals for the most suitable mortgage deal.

Why use a mortgage broker in Bromsgrove like us?

Our job as a mortgage broker in Bromsgrove, is here to provide you with the nesessary support and guidance during the entire mortgage process. We don’t just try and find you a competitive mortgage deal, we search the market to find you the most suitable mortgage product that is tailored to your personal and financial circumstances.

When should I obtain an Agreement in Principle in Bromsgrove?

We recommend that everyone obtains an Agreement in Principle (AIP) prior to viewing properties. This is because having one in place shows the seller that you have the nesessary funds and in the position to proceed. Some people use an AIP as a bargaining tool.

How long does an Agreement in Principle last?

Your Agreement in Principle (AIP) will last around 30-90 days. If your AIP expires before you get to make an offer on a property, a member of our team will be more than happy to get this renewed.

Can I get a second mortgage in Bromsgrove?

Yes, it can be possible to get a second mortgage, depending on what you’re looking to achieve. There are lots of different reasons why someone may want to get a second mortgage. Some of these include if you are looking to consolidate your debts, home improvements or are a buy to let landlord looking to increase your property portfolio.

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

The amount that’s needed for a mortgage deposit is 5%, as long as the applicant has a credit scedit score this should be okay with most hight street lenders. However, if you’ve had credit issues in the past, you may have to expect to put down a higher deposit than usual, somewhere around 10-15%.