Welcome to our Mortgage Broker in Allestree website. Our trusted team of mortgage advisors are here to help you every step of the way, through your home purchase or remortgage.
Looking for a Mortgage? Our experienced and dedicated team of Mortgage Advisors in Allestree are here to help you through every step, bringing you closer to your First Time Buyer Purchase or Remortgage. This goes for applicants in and around Allestree.
Unlike a lot of larger mortgage advice companies, we are a smaller and experienced team, ready to answer all queries that you may have. Whatever your personal situation, we aim to try and help as much as possible with flexible hours to better suit you.
We will search thousands of mortgage products to find you the best deal based on the circumstances to you, as an individual – which is helpful under some circumstances such as being Self-Employed.
We take great pride in our mortgage service. Please feel free to look at our customer reviews at Reviews.co.uk. to see how we’ve helped many of our past and present clients.
You’ll be able to book a Free Initial Consultation with one of our mortgage experts. Out of hours, Mortgage Advice in Allestree is never a problem with our Mortgage Advisors in Allestree, as we have in-house Mortgage Advisors and our Administration team working until late to take your enquiries.
You can go to your own bank for advice, however, their Mortgage Advisors are only able to offer products from one lender, which is themselves. Also, other Mortgage Advisors can often be difficult to get an appointment with, so if you’re actively looking at properties or are ready to offer, this can be annoying. It’s also a good idea to seek advice from a professional Mortgage Broker in Allestree like us, to compare deals.
Our Mortgage Advisors in Allestree work with an extensive panel of mortgage lenders, some with very specialist mortgage products available for if you’re experiencing Mortgage Problems. We’re experienced, knowledgeable, and will do our best to make sure the process goes as smoothly as possible!
Customers that contact us for Mortgage Advice in Derby have often been turned away by their bank, for reasons such as;
And/or the bank won’t lend enough.
We are here to provide help and support you through the entire mortgage process and beyond. From the initial contact, it’s our job to make you feel relaxed, be honest with you, find you the most suitable mortgage deal and provide guidance right up until completion.
You’ll benefit from a free initial mortgage consultation with one of our experts. Out of hours Mortgage Advice in Derby isn’t a problem, we have in-house Mortgage Advisors in Derby working until late to take your mortgage enquiries. Give us a call, we may be able to help!
The banks’ Mortgage Advisors in Derby are only able to offer products from one lender – Themselves. Their mortgage advisors can also be rather hard to get an appointment with, so if you’re actively looking at properties or are ready to offer this can be very frustrating. Seeking advice from a professional mortgage broker can also work in your favour, as we can compare deals. We have a large number of mortgage lenders on panel, some with very specialist mortgage products available. Worry not, we have a lot of experience and knowledge in providing Mortgage Advice in Derby to customers with a variety of situations.
Quite often, customers that contact us for Mortgage Advice in Derby have been turned away by their bank for reasons such as income types, credit score, property type and the bank won’t lend enough. More often than not, we are able to help with this.
We’ll help and support you anytime you need us, 7 days a week! The home buying process isn’t always easy, we’ll help you over any hurdles you face.
We’ll aim to make you feel relaxed and be open and honest – We’ll take away the stress.
Please read our genuine customer Reviews at Reviews.co.uk. Your service is really important to us!
You will need at least 5% of the sale price of your new build property in Derby. The Government will then loan you up to 20% to the value of the property that you wish to purchase.
Most lenders will use the discount as a deposit for your mortgage. However, some lenders will require you to put down a deposit in addition to the discount. This is sometimes the case if you have credit problems. Our Mortgage advisors in Derby will be able to help answer all of your right to buy deposit questions.
The minimum deposit for a buy to let mortgage is usually 25% of the property value. However, this can vary between 20%-40%.
If you are on your lenders SVR (Standard Variable Rate of Interest) You will be very likely to be able to save money! We will compare the new products available against your current mortgage deal to work out these savings for you. If you have equity in your property, a remortgage would also allow you to release some of this money if required. Usually, for home improvements.
You can remortgage and increase the size of your mortgage to pay off unsecured debts. Please do not rush into this though as there are some downsides. Always seek Mortgage Advice before consolidating your debts!
Your free remortgage consultation in Derby will last around 1 hour. Your remortgage consultation can be carried out over the telephone or face to face. We will then compare a new deal vs your current product and recommend the most suitable with no obligation. You can then decide whether you wish to go ahead or not.
The fees will be similar to the ones involved when you started your current mortgage. However, your dedicated Mortgage Advisor in Derby will run through all of the fees with you. Taking these into consideration when comparing the savings of the new deal vs your current mortgage.
Your free mortgage consultation in Derby will last approximately one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to go ahead.
As your mortgage broker in Derby, we carry out a Fact Find to establish your needs prior to recommending the most suitable mortgage for you. A credit check is then required for an Agreement in Principle and then once you have provided all the relevant documentation and a valuation of the property has been carried out a formal mortgage offer can be issued
We recommend you obtain an Agreement in Principle before you start viewing properties in Derby, to avoid disappointment. At the very latest you should obtain one prior to making an offer to assist your bargaining position
An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender. If your Agreement in Principle expires it can always be refreshed.
It can be possible to get a second mortgage on your home for debt consolidation or Home Improvements. It may also be possible to take out a mortgage on a second property if it is for your own use, the use of a family member, a holiday home or a Buy to Let.
To purchase a property in Derby. The minimum deposit with High Street Lenders is typically 5% but this can be higher if you have had previous credit problems.
If you have had credit problems you can still get a mortgage but you may need to put down a higher deposit than usual, perhaps 15% of the purchase price.
You can get a mortgage once you have submitted at least one year’s accounts. Most Lenders use your salary + dividend to calculate the maximum mortgage whereas others go off your net profit.
To prove income it’s usually three payslips for an employee and the latest 2 years’ accounts for self-employed. In addition you will need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours and a formal mortgage offer takes about three weeks on average.