To start your property hunt in Howe Green, you will need:

• A 5% deposit, which can be sourced from savings, equity, or a generous gift from a relative.
• A mortgage agreement in principle, which you can secure from a mortgage advisor in Howe Green.

When you’re prepared to submit your first mortgage application, you will require:

• Identification, such as a passport or driving licence.
• A recent document verifying your address.
• Proof of your earnings for the last three months.
• Bank statements from the past three months.
• Proof of your deposit, like savings account statements.
• A credit report could also be advantageous.

You will be working alongside:

• A mortgage broker in Howe Green, who operates independently and is not tied to a bank or estate agency.
• An estate agent, to whom you’ll need to provide your ID and mortgage agreement.
• A conveyancer or solicitor, whom we can help you to find.
• A surveyor, if needed (we can also offer assistance in this regard).

Our committed mortgage team will accompany you at every stage of the process. A personal case manager will be assigned to you to answer any queries you might have.

If you presently hold a fixed-rate mortgage, most mortgage lenders allow you to transfer this to a new home.

Our team of mortgage advisors in Howe Green are ready to help you with this procedure, guiding you through your choices and helping you understand any costs linked to additional borrowing.

The act of porting usually requires you to meet the requirements laid out by your existing mortgage provider, meaning a new application is still necessary.

If you don’t have a fixed rate, it could be beneficial to investigate the market for potential savings.

There’s no set limit to the number of buy-to-let mortgages one can have; some clients might have hundreds, while others might just have a handful.

Whether you’re buying properties solely, in partnership, or through a limited company, the number of mortgages you can own is generally unlimited, provided you meet the conditions laid down by your lender.

The number you opt for largely hinges on your risk tolerance and your long-term goals. These goals could encompass building a retirement income, replacing employment income, capitalising on property value growth, or amassing an asset for future generations in Howe Green.

You are free to consider a remortgage at any time, as long as you are not bound by a fixed rate contract or your property is not already mortgaged.

If you have a fixed rate mortgage, it is advisable to think about remortgaging approximately 6 months before your current contract expires. However, if you need to remortgage during a fixed rate agreement, it’s achievable, but be mindful of potential early repayment charges.

In these situations, our team of mortgage advisors in Howe Greencan explore alternative options such as a second charge mortgage (secured loan) or an extra advance from your current lender to identify the most cost-effective solution for you.

Contrary to what many homeowners and prospective property buyers may think, there is a broad range of mortgage solutions available for those aged 50 and above.

As an independent mortgage broker, our expertise is in providing mortgage advice in Howe Green, specifically designed to cater to the needs of those looking for later life mortgages.

Here are the key areas we can help you with:

• Remortgaging for clients aged 50 and above.
• Property purchase for clients aged 50 and above.
• Capital release for clients aged 50 and above.
• Support with poor credit and debt consolidation for clients aged 50 and above.

If your circumstances do not fit within the above-mentioned categories, please feel free to contact us. We’re here to help in any way possible.