Do you charge advice fees?
No, but we ask that you recommend us to family and friends and to provide a Google review. are
Why should I use a mortgage broker?
As an independent, unbiased, whole of market advisers, we have direct access to every lender and some that can only be accessed through a broker. We can also source deals at a touch of a button saving you lots of work.
Every lender has its own criteria and requirements we can find the mortgage that suits you.
Do I need a decision in Principle
Yes, you need to know that you can get the mortgage you need and that it is affordable to you. The agents selling to you need proof that you can obtain a mortgage.
How do I arrange a Decision in Principle?
Once you have completed our mortgage questionnaire through our client portal we will arrange this directly with a lender based on our research matching you to their criteria requirements.
The lender will provide you with a certificate which you can show to Estate agents to proving you have been accepted in principle for a mortgage.
When is the earliest time I can secure a new mortgage deal on my home?
If you are buying a new home its important to make sure you can get the mortgage you need before you start looking for properties.
For existing mortgage holders, We can apply for a new rate up to six months before your current deal matures. If rates reduce after a product is secured and before your current deal ends, we can apply for that rate too (subject to eligibility).
Do you offer home visits?
We have an office in Cheltenham and offer home visits around Gloucestershire or we can work from video/telephone calls.
Am I too old to get a mortgage?
Depending on your income some lenders offer Retirement mortgages, we will look at your circumstances and find the right lender for you.
I’m self-employed – can I still get a mortgage?
Many lenders specialise in lending to the self-employed and Directors, Sole traders & partnerships will be assessed on net profits. Ltd company directors will be assessed on either a combination of salary and dividends, or salary and their percentage of pre-tax or net profits.
Will you need a credit report for me?
It is important to have full knowledge of any information on your credit file before applying for a decision in principle or mortgage. Using our Client Mortgage Portal lets you gets your credit file information for free.
Can I add my parents or children on to a mortgage as borrowers, but not owners of the property I wish to buy or remortgage?
Yes, this called a ‘ Joint Borrower, Sole Proprietor ‘ mortgage. This can help boost affordability and is a particularly helpful to first time buyers early in careers expecting their salaries to increase.
Do you advise on Shared Ownership properties?
We can help with shared ownership mortgages.
What documents should I have available when applying for a mortgage?
If you are employed, you should supply your last P60 and three months’ pay slips and bank statements into which your salary is paid. The statements should have your name and address on.
If you are self-employed, your last two years’ tax calculations and overviews will be needed. If you are a company director, you will need to provide your last three years’ full trading accounts as well as tax calculations and overviews. Lenders will also need your last three months’ business bank statements and may go back further.
If you are remortgaging, your most recent mortgage statement and account number.
If you are buying, proof of deposit and/or details of any sum that will be gifted.
How much can I borrow for a mortgage?
Every lender has different criteria and policies on affordability, how they treat different types of income and how they view expenditure. That’s why its important to let us research the whole market for to find the most suitable mortgage for your circumstances.
What is a capital repayment mortgage?
A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly payment will repay the capital amount borrowed as well as accrued interest, so that the amount borrowed decreases throughout the term and by the end of the loan term has been fully repaid.
