Our job isn’t just to help you secure a great mortgage deal, we also go the extra mile to ensure that you have full help and support throughout the entire process! Our Mortgage Advisors in Clacton-on-Sea come across complicated mortgage situations all of the time so don’t put off calling just because you believe that your situation seems “difficult”. As a Mortgage Broker in Clacton-on-Sea, we offer a free mortgage consultation to every customer in every mortgage situation, so don’t hesitate to get in touch.
The main difference between a broker and a bank is that a broker like us works entirely for you. We don’t hold on ties with any particular estate agent or bank, therefore we can freely search through different lenders for different deals. One of our Mortgage Advisors in Clacton-on-Sea will try and speak to you on the date of your enquiry (time-dependent), whereas if you were to approach a bank, you could be waiting weeks just to get an answer from someone.
A bank only has access to their in-house deals, therefore you can’t compare deals and see what sort of rates you could’ve had. A Mortgage Broker in Clacton-on-Sea like us has a huge panel of over 30 lenders that each hold plenty of competitive mortgage deals.
It may not always be the “easy option” to go to your bank, a Mortgage Broker in Clacton-on-Sea will help you throughout the whole process, making it stress-free and easy-going.
Everyone in our fantastic team is extremely proud of how high our level of customer service is. Hearing how satisfied our customers were after receiving our service always brightens up our day, and that’s why we cherish our amazing customer reviews. Feel free to take a look at past customer experiences via our Genuine Customer Reviews.
As a Mortgage Broker in Clacton-on-Sea, it’s surprising when people come to us and ask what we actually do. A Mortgage Broker in Clacton-on-Sea like us helps mortgage applicants in many different ways, and more often than not, an applicant will walk away with a better deal, just because they chose a broker over a bank. Here is how our process works and how we make your mortgage experience as stress-free as possible.
Firstly, once you have made an attempt to get in touch with us, we will arrange a time to have a small chat with you, so that we can get a few bits of information from you. This allows us to link you to the perfect Mortgage Advisor in Clacton-on-Sea who specialises in your specific mortgage situation.
Within 24-hours of our telephone call, we will take a look over your details and arrange a second meeting – this will be your free mortgage consultation.
During your free mortgage consultation, you will speak to your dedicated Mortgage Advisor in Clacton-on-Sea. This will approximately last around 30-minutes. If you are already viewing properties and booking in house viewings, your Mortgage Advisor in Clacton-on-Sea may be able to prepare a mortgage agreement in principle for you too.
After your consultation, your advisor will look for the perfect deal for you! They will search through 1000’s of mortgage products, trying their hardest to locate a deal that is best suited to your personal and financial circumstances.
If you haven't been through the mortgage process before and need Mortgage Advice in Clacton-on-Sea, we are here to help! Being a First Time Buyer can be stressful, especially when you don't know what you are doing. After two decades of experience with First Time Buyers, we know exactly how to help you through your exciting mortgage journey.
If you've been through the process before, it still may be extremely beneficial to use a Mortgage Broker in Clacton-on-Sea. A Mortgage Broker in Clacton-on-Sea will try and get you a competitive rate for your new home. If you've kept up-to-date with your mortgage payments, you may be able to access better rates and deals.
When your mortgage term is coming to its end, it's time to think about remortgaging. Firstly, you should always shop around as you may be able to access a better rate. If you use a Mortgage Broker in Clacton-on-Sea, they will do this for you and try and find you deal that will save you money and make the process stress-free.
Your free initial mortgage consultation in Essex will last roughly around one hour. Your mortgage advisor will then recommend a mortgage for you with no obligation for you to proceed and you are then able to decide whether or not you wish to go ahead with the mortgage.
As your mortgage broker in Essex, we will need to carry out a Fact Find to establish what your needs are, prior to us recommending the most suitable mortgage for you and your circumstances. A credit check will be required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you will be able to receive a formal mortgage offer.
To avoid the potential of having an offer rejected, we recommend you obtain an Agreement in Principle before viewing properties in Essex. We recommend that at the very latest, you should obtain one before you look at making an offer, as this can assist your bargaining position.
Your Agreement in Principle will usually last for between 30 and 90 days, depending on the lender that you go with. If it happens to expire, your mortgage broker in Essex can easily refresh this.
If you’re thinking about the future of your property, whether you’re looking at debt consolidation or home improvements, you may eligible for a second mortgage. This may also be a possible option if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
The minimum deposit required by a high street lender when purchasing a house in Essex, is typically 5%. If you have had past credit issues, this could be higher.
If you have had previous credit problems, the good news is you can still get a mortgage, though you may possibly have to put down a higher deposit than those with good credit, often around 15% of the property purchase price.
Once you have put forward at least one year’s accounts, you will be able to get a mortgage. A vast amount of lenders will use your salary plus dividend to determine the maximum mortgage you are eligible for, whereas others may go off your net profit.
For an employee to prove their income, they’re usually required to provide three payslips, whilst for self-employed applicants they’ll need the latest 2 years’ accounts. You will also need to present the lender with proof of ID, address and the latest 3 months’ bank statements.
When you engage in a free mortgage consultation with one of our Mortgage Advisors in Essex, your discussion will take around one hour. Our team can usually produce an Agreement in Principle within 24 hours of your appointment and achieve a formal mortgage offer within three weeks.