Read our Reviews
I cannot praise this team enough, they have been amazing. Especially Tom who went above and beyond to sort out my really complex mortgage and get me a deal which meant I could move to my new house. I would thoroughly recommend Essexmoneyman, they...
We shopped around trying to find the best deal, should have come straight to Essexmoneyman, Nathan and Laura found me a perfect mortgage. When we had picked our product, they were speedy in ensuring they processed our applications quickly and taking...
Matt and anna made the whole process super easy during the pandemic. as first time buyers we were worried but they made sure we were able to enjoy our first home together. thank you !!
We don’t just try and find you a great mortgage deal, we always go above and beyond to make sure that you receive a smooth and stress-free process along the way! Our Mortgage Broker in Colchester is here to provide their full support through the whole of your mortgage journey. We suggest that you take advantage of our free mortgage consultation; every customer no matter their mortgage situation can access this, so make sure to get in touch.
No matter how difficult your mortgage situation may be, our Mortgage Advisors in Essex will always try their hardest to match your situation to a mortgage deal. Our team deals with all different kinds of complex mortgage scenarios, so don’t hesitate to get in touch just because you think that your situation is too difficult.
Our fantastic team is extremely proud of our customer service. We know what it’s like to receive that personal level of service and know exactly what is happening during each stage of the process, and that’s why we make sure that every customer has that same experience. We love our outstanding reviews, if you are interested, make sure to take a look at our genuine customer reviews.
“What do you actually do?” is a common question that we get asked as a Mortgage Broker in Colchester. It’s quite an easy question to answer too! We provide our help and support throughout the whole mortgage journey and help you obtain a great mortgage deal along the way! Our job is to make your mortgage process stress-free and easy-going.
First of all, once you have got in touch with us, we will get a few bits of information from you. This information will allow us to compare your situation to one of our Mortgage Advisors in Colchester who will specialise in your specific mortgage area.
Within 24-hours of our telephone call, we will arrange another meeting with you, this could be over the telephone or a video call, it’s up to you! This is when your free mortgage consultation will take place.
During your free mortgage consultation, you’ll get the opportunity to speak to your dedicated Mortgage Advisor in Colchester. The consultation will roughly last around 30-minutes. If you are currently viewing properties in Colchester and booking house viewings, your Mortgage Advisor in Colchester may also be able to prepare a mortgage agreement in principle for you.
Once your consultation is complete, your Mortgage Advisor in Colchester will begin looking for the perfect deal for you! They will search through 1000’s of mortgage products for you, trying their best to match you with a deal that is tailored to both your personal and financial circumstances.
We work entirely for you! We aren’t tied to any particular bank or building society, which means that we can search through lots of different lenders with lots of different products. It’s just the case of finding the right one for you. Also, our Mortgage Advisors in Colchester will always try and speak to you on the same date of your enquiry (time-dependent), whereas if you go to a bank, you could be waiting weeks just to get a response.
A bank will only have access to their in-house deals, whereas a Mortgage Broker in Essex has access to 1000’s of deals. We find these deals through our huge panel of lenders, one of them may just be the perfect one for you!
People think that it’s the “easy option” to go to a bank, however, we’d have to disagree. A Mortgage Broker in Colchester like us can often make the process simpler whilst still achieving a fast and friendly service.
Our amazing team is always available, you can't get in touch from 8am - 10pm, 7 days a week.
Feel free to take a look at our outstanding customer reviews. We love getting feedback from our customers to see how much they've loved our service.
We have been providing open & honest Mortgage Advice in Colchester for over two decades now.
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.