Mortgages made easy
for home movers & remortgagers

Yes. I search independently of any specific lender and treat each potential client as specifically unique.

I will demonstrate how and why I’ve arrived at my recommendation.

Unlike tied agent advisers that typically work within an estate agents, I don’t have sales targets or pushed towards lenders to build up business levels to receive preferential.

1. When you purchase a property your mortgage lender will instruct a surveyor to let them know the property is valued correctly, is of suitable construction and in satisfactory condition to lend on. Location and surroundings is also a consideration i.e is it next to commercial premises etc. This is a basic survey and may not come with a copy of the survey. It’s what they call a Level 1.
2. The lender will give you the opportunity to request a Level 2 survey, which will be carried out by the surveying company they have instructed on their behalf. This will come with a standard report and will have cost of on average £500 depending on the size of the property.
3. You have another option of obtaining a Level 3 survey. This will be a more in-depth investigation and is generally for older properties or properties showing possible defects. You will instruct a surveying company directly yourself. Again, depending on the size of the property the quote can be on average £800 and upwards.

The usual service time of lenders is to issue an offer within a couple of weeks. It is dependent on whether they have to send a surveyor to value your property, which takes a couple of days. Generally, the time is taken by the solicitors, as although they aren’t dealing with a sale, they still have to do due diligence and transfer funds, so a general rule of thumb, it can take approximately 6 to 8 weeks to complete.

This will depend on your existing mortgage product. You need to check if you have any early redemption penalties, i.e. if you are in a fixed period, you are likely to be charged if you leave before the fixed period has expired. It may be more cost effective to take a further advance with your existing lender. It’s something I will help you with. Also, we need to calculate between the interest rate you are currently on compared to the new one. I will always make sure you are aware of the most cost-effective options available to you.

Not at all. A bank wants to see how much you earn to satisfy affordability. As a self employed person, instead of a payslip, you would be required to supply your last two years Tax Calculations or SA302 forms, along with subsequent Tax overviews. Your accountant will obtain these. If you don’t have an account, you can obtain this information on https://www.gov.uk/search/all?keywords=my+tax+calculations

No. It’s in your best interest to take advice from an independent source.  Some estate agents share your private, financial information to their sales departments when you are negotiating to purchase a property through them. This is not only extremely bad practise but it’s illegal by breaching the Data Protection Act. Always remember, estate agents is acting in the best interests of their clients, the vendors (sellers). Not for you!

Yes. It’s dependent on how much based on the equity you have in your property and underwritten for affordability using your incomes and outgoings in the normal way.

Most reasons for raising capital are acceptable, except paying tax or gambling debts. Home improvements and a deposit to buy an investment property are common reasons.

Bridging is short term specialist lending. It is a short – term loan, typically 12 months maximum. You obtain the finance quickly; you can repay at anytime without a penalty. The daily or weekly interest is accumulated, and you pay the total including fees when you redeem the loan, usually by remortgaging onto a conventional mortgage. Bridging is expensive in comparison but is designed to be able to buy another property, when you’ve not managed to sell your existing simultaneously.

We need to check if we can port your existing product to use on the new mortgage for your new purchase. Most lenders allow this. This will avoid you paying any early redemption charges. It’s important to understand, it will be underwritten as a new mortgage, but retaining your existing product rate, term etc. We will calculate to make sure you are aware of the most cost-effective options.