Specialist Mortgage Advice in Essex | Specialist Advice Essex

Specialist Mortgage Advice in Essex

Appointments Available on Evenings and Weekends

01245 847678 Book Online

Read our Reviews

Reviews IO Stars

Struggling to Proceed? We Might be Able to Help!

For some applicants, they may struggle to obtain a mortgage initially and can involve a little creative thinking. As a Mortgage Broker in Essex, we are usually capable of dealing with complicated situations, there is rarely a situation that our advisors haven’t encountered and dealt with before.


Speak to a Specialist Mortgage Advisor in Essex

Here at Essexmoneyman, we have access to a large number of mortgage lenders that we have on panel, many of whom offers specialist mortgage products that cater to people who are maybe having a difficult time obtaining a mortgage, due to not meeting their banks’ lending criteria.


Our Mortgage Advisor in Essex will work alongside you to help you through your mortgage situation, especially if your case is slightly complex, their help will be highly beneficial to you in the long run.


It’s their job to try and pair you with the most suitable mortgage deal for your individual circumstances. We aim to try and do everything we can for the first time.


Complex Mortgage Situation in Essex?

 We spoke to customers in the past who have been rejected by their high street bank at the very last minute. This sometimes happens when the mortgage process is already underway and then they’re dropped, sometimes even with an explanation.


In these cases, the bank’s Mortgage Advisors in Essex should’ve been able to prevent this at the outset by making sure you were right for that mortgage, saving you time, money and preventing you from feeling stressed and frustrated.


Without being completely confident of lending criteria prior to your application, you could actually harm your chances of getting a mortgage full stop. In complex cases, obtaining a mortgage can be a challenge!


Having worked in the industry for over 20 years, we have a lot of experience in dealing with customers who have complex situations, book yourself in for a free mortgage appointment to speak with a trusted Mortgage Advisor in Essex today.


How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 002
Mortgage Lenders 005
Mortgage Lenders 007
Mortgage Lenders 008
Mortgage Lenders 009
Mortgage Lenders 001

An In-Depth Look at Specialist Mortgage Scenarios in Essex

When a mortgage applicant is experiencing a difficult process and can’t seem to find a lender that will accept them, we will be here ready to provide them with expert Mortgage Advice in Essex and guide them through their journey.


As a Mortgage Broker in Essex that is both trusted and experienced within the world of mortgages, over 20 years of working in the industry we have spoken to many customers, each with very different mortgage scenarios to one another. Below we listed a better overview of some of these mortgage scenarios:

Property Down Valuation

After a property survey has been performed on your potential new home, only to discover that the accepted offer you put forward was actually above how much the property is worth, you have on your hands a Property Down Valuation.


This doesn’t mean it’s impossible to work around something like this, it just makes it a lot more difficult and the chances are that your lender will just pull out of the deal. If you have the ability to make up the difference between your offer and the genuine value of the property, then you may have a slightly better chance of success.

Divorce & Separation Mortgage Advice

During a divorce or separate, sorting out any joint finances, like your mortgage, can be quite tricky to work with. You need to make sure you get this sorted sooner rather than later, as the longer you leave it, the more difficult it would be.

Remove a Person From a Mortgage

If you do happen to be getting divorced or separating, you will probably be wanting to remove your own name or your ex-partner’s name from the mortgage you are currently both on.


Depending on your affordability and if the payee has financial stability, both of your options will be limited going forward, as a lender prefers two incomes to one.

Single Name Mortgages for Married Applicants

If you’re married and in the market for a mortgage on a home for you and your partner, you’ll find that lenders would much rather that two applicants named on the mortgage instead of one, though it may be possible to obtain a mortgage in only one name.

Shared Ownership

The Help to Buy Shared Ownership Scheme is really useful for allowing mortgage applicants to only have a mortgage taken out as a share, at a percentage of the property. We tend to find, this will be between 25%-75%, though in some cases this might be different.


Whoever owns the share that is remaining, most likely to be a local authority, you will pay them back in rent at the same time you are paying off your mortgage to the lender.

Professional Mortgages

Professional mortgages can only be accessed by specific professions. It is a particularly niche area of the mortgage market, which is why we would highly suggest that you speak to a specialist Mortgage Advisors in Essex to learn more about this particular mortgage.

Second Home Mortgages

Any customers who have plans to take out a mortgage on an additional property, you will need to show evidence to the lender that you have the right financial capabilities to cover the costs of both mortgages at the same time. The good news is our Mortgage Advisors in Essex can help you prepare for this.

Holiday Home/Let Mortgages

Holiday lets mortgages work in a similar way to a buy to lets mortgage, with the main difference is that a buy to lets generally have long term tenants, whereas holiday lets normally only have short term tenancies.


Remember, you may not be able to rent out your home at all during off-seasons, regardless the mortgage lender will need to have complete confidence that you can afford your mortgage payments no matter if you have tenants throughout the year or not.

New Build Mortgages

We tend to find new builds can cost a lot more money to invest in than older properties. If you’re needing additional support to save up for your initial deposit, you could find one of the Help to Buy Equity Loan Scheme beneficial as a way of getting on the property ladder.

Non-Standard Construction Property Mortgages

A non-standard construction property is the term given to properties that’s built with materials like bricks or mortar. Any home buyers who are looking to take out a mortgage on property like this, you will need to apply for a very specialist mortgage deal. We also greatly recommend that you get a full structural property survey too.

Multiple Applicant/House of Multiple Occupation Mortgages

HMO mortgages are a type of buy to lets that usually have between 4-6 tenants, similar to that of student housing. HMOs are often a challenging to work with. We highly recommend you seek specialist buy to let Mortgage Advice in Essex before continuing.

Mortgages Past Retirement Date/Lifetime Mortgages

You may have the option to release the equity that over time you have built up within your property. To convert that into cash, you’ll need to take out a lifetime mortgage, though this only applies to people past the age of 55. We recommend that homeowners contact an experienced Mortgage Broker in Essex for specialist help when it comes to a mortgage situation like this.

Offset Mortgages

Offset mortgages will put a savings account running simultaneously with your mortgage. This mortgage type is usually a really handy way of helping you access competitive interest rates and mortgage products with different mortgage lenders.

Do you require specialist mortgage advisor in Essex?

Here at Essexmoneyman we have access to specialist mortgage lenders on panel, each with their own lending criteria, matching you with a suitable lender will help you progress further with your mortgage related goals.


Our Mortgage Advisors in Essex will utilise their experience and knowledge to recommend to our customers the best mortgage deal that matches their current situation. If you have any questions regarding your credit score, then we recommend that you ask for up-to-date copy of your credit report.


Credit reports can come in handy when it comes to you attending your free initial mortgage appointment, as your report will give our Mortgage Advisors in Essex a better idea of what you are like, your targets and the sort of deals that might be appropriate for where you are at financially and personally.


Open & Honest Mortgage Advice in Essex

Customers are the heart of this company, we work for you and always putting you first. During your mortgage process you are our responsibility and no matter what we will have your best interests at heart. Our fast & friendly Mortgage Advice in Essex team will always try to ensure you receive high-quality service throughout, keeping you informed, and being as responsive as possible.


We want you to go into your new home with a brilliant mortgage deal that matches up with your personal and financial circumstances. As a company that has built up a reputation for providing clear & simple Mortgage Advice in Essex, we will be there every step of your mortgage journey. Book your free mortgage appointment today to speak with one of our dedicated Mortgage Advisors in Essex today.

Reviews Stars5.00 Rating3 Reviews

Common 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.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property in Essex!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Essexmoneyman.com & Essexemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR

Essexmoneyman, Elizabeth House, 28 Baddow Road, Chelmsford, Essex, CM2 0DG.

Moneyman Logo

Moneyman Logo

Moneyman Logo

Ask Your Question

    Moneyman Logo

    Moneyman Logo

    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo