Welcome to our mortgage advice page. We are a mortgage broker in Loughton with over 20 years of experience within the mortgage industry.
Our mortgage advisors in Loughton are experts in every mortgage field. Are you a landlord looking for buy to let mortgage advice or just looking to move home in Loughton? Either way, we can help you through your mortgage application in both of these situations and many others too.
1. First things first, you get in touch with our amazing customer care team.
2. Then they’ll get you booked in for your free mortgage consultation with a dedicated mortgage advisor in Loughton.
3. Here you will have the chance to speak with your mortgage advisor in Loughton. They will ask you some questions regarding your personal and financial mortgage situation so they can learn more about what sort of mortgage you are looking for.
4. Your advisor will begin searching through 1000’s of mortgage deals in order to try and find the perfect deal for you. If they pick out one that you want to advance with, it’s time to start preparing your mortgage application!
We will keep you up-to-date throughout the entire process, keeping you informed of any changes that have been made to the status of your mortgage application.
We consider all mortgage situations! We always offer a helping hand to every customer in Loughton, no matter their mortgage situation.
Our mortgage advisors in Loughton can access 1000’s of specialist mortgage products, it’s our job to try and find you one that matches your situation perfectly. We’ve helped many people secure mortgage products they didn’t even think that they could access, let us help you too!
Our amazing team will keep you up-to-date throughout the whole mortgage process. Our aim to assist you from the point of enquiry all of the way through to the moment that you get the keys to your new home.
We operate during out of office hours so that you can get in touch at a time where you feel most comfortable. Our team would be more than happy to talk to you after work if that suits your situation more.
Take a look at our reviews and find out what other customers have thought about our amazing mortgage advice service.
Our team will be completely transparent with you. We will only recommend you a mortgage product that will benefit your personal and financial situation.
We carry great expertise in all mortgage types, here are just a few: first time buyer, moving home, buy to let, help to buy, right to buy and self employed.
Check out our free mortgage guides. We have lots of handy guides that could point you in the right direction when it comes to making a decision about your mortgage.
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.