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Usually, you will get asked what your credit is when you apply for a mortgage. A large range of factors can affect your credit score. One of them being the fewer addresses you have on your record, the better your credit score.
As mentioned, fewer addresses on your file can benefit your mortgage application but don’t go about this in the wrong way.
We do find applicants, especially first time buyer in Coventry, keep their previous addresses on their records. Regardless of this being accidental or a way to keep their credit score lowering, either way, it needs updating.
Other things you will need to update could be anything from; bank statements, credit cards and electoral roll information. Many believe that ignoring this information on their won’t negatively impact their credit score, when in fact, it can cause a lot of damage.
For example, you could get an unpaid ticket sent through your old address. Therefore, unless you notify the post office. Therefore, unless you let the post office know so they can forward all your mail, the longer it gets unnoticed, it can result to a CCJ.
If you have a CCJ on your credit file, this could result in losing points on your credit file which in turn will ruin your credit history making it difficult for you to get your mortgage application accepted.
Prior to submitting your application, you need to have a thorough check of your application. Begin with your address by checking that the address on all of your accounts (credit cards / current accounts) and electoral roll are all registered to your current address.
More importantly, this applies to applicants currently living in rented accommodation hasn’t changed their address from their previous property.
To check that you haven’t missed anything, it’s always a good idea to double-check everything when applying for a mortgage. Check that you have the correct address as well as updated information which will all help towards your mortgage application.
Furthermore, you need to know the exact date when you moved into your rented apartment / new home and when you moved out. If you do not know these dates, you can be at risk of having a cross over meaning it could show that you were living in two different addresses at once.
This will result in confusing the lender which could cause damage to your credit file or mortgage application.
It can be a huge benefit to have a mortgage broker in Coventry by your side. They will support you throughout the process and make sure your application is in the best position for mortgage success. Our team will make sure everything is updated correctly and will be there to answer any of your questions.
You need to show the lender that you are in a serious position to take on this big financial commitment. This can be achieved by evidencing your deposit and showing you have saved it up and been precise in updating all your information including your address, these r both brilliant ways to impress them.
In the circumstance where you have an outdated address linked to one of your accounts, your lender will see if any of your addresses needed updating. This could show a lender that you haven’t taken things seriously.
To conclude, we do strongly recommend that you check up on your file to make sure that your application is in a position to be accepted as well as show your lender you are in a serious position to proceed. If you are wanting an expert to look at your application so it’s ready to go, book in a free mortgage appointment in Coventry, and contact our team.
Here at Coventrymoneyman, we have a team of mortgage advisors in Coventry who are available 7 days a week. Whether you are going through the mortgage process for the first time or looking at moving home in Coventry.
Once you decide that you are ready to move and buy a new home, there are two different routes you can take. You can pay the house off upfront or take out a mortgage on the property and pay the rest off over a fixed term.
Both options will come with high costs, however, obviously buying a house with cash is the most expensive option. Paying with cash will mean that you pay the exact price of the property, whereas, if you take out a mortgage, you’ll be paying off the property over a long period of time.
If you can afford it, buying with cash is an excellent investment. Whether you’re planning to live inside the property yourself or you want to use it as a buy to let in Coventry, buying with cash can sometimes speed up your moving home process and potentially put you in front of others who are want to take out a mortgage.
If you’re approaching a property with a cash offer, it’s likely that you’ll have an advantage over applicants who are planning to take out a mortgage. One of the reasons why this is the case is due to reliability.
When a seller looking for a quick sale, they will usually choose a cash buyer over anyone. Having a cash offer often eliminates the chance of getting trapped in a property chain. A property chain occurs when a property is being sold to a buyer, however, they can’t move in yet as they’re still trying to sell their current home and sort out their mortgage. This process can repeat, resulting in homeowner after homeowner struggling to move out as they’re waiting for their buyer to move out.
Not being caught up in a property chain shows your reliability, you can progress straight through the affordability part of the process. As a mortgage broker in Coventry, we would still advise having a property survey carried out on your property. You won’t need a mortgage valuation though.
A quick and easy process of moving home in Coventry is what everyone wants. Making a cash offer often means that you’ll get through the process a lot quicker than had you taken out a mortgage.
You will not need a mortgage if you are paying via cash. However, as a mortgage broker in Coventry, we can safely say that on some occasions the mortgage process can be just as quick as paying by cash. It’s our job to provide a fast and friendly service in Coventry.
When you take out a mortgage, you’re essentially taking out a loan. You’re tieing yourself into a deal with 25+ years of potential mortgage payments. When you choose to purchase through cash, you won’t be making this commitment.
Also, you will not receive any interest. If you don’t have fixed mortgage payments, it’s likely that they’re going to increase slightly over time due to the internet on your mortgage. If you’re a cash buyer, this can never happen as you’ve already paid it all off.
If you don’t have the funds available to pay by cash, you’ll have to take the mortgage route.
If you would rather save your life savings than use it on an upfront property purchase, you could save money short term by taking out a mortgage instead. Depending on your credit score/file, getting a mortgage will usually require a minimum of a 5% deposit (5% of the property’s value).
Getting a mortgage will let you pay off your home in monthly instalments. Paying monthly will allow you to pay back a small amount at a time rather than the whole chunk at once.
If a property listing reads “cash buyers only”, we’d advise that you take caution with the property. This won’t affect you if you’re taking out a mortgage, you’re probably dodging a bullet anyway!
It’s likely that the property has been listed as this as it needs lots of repairs doing on it. Lenders won’t want to lend you money for a mortgage on a property that is in very bad condition.
Despite the fact that it’s not required, we always advise that you get a property survey carried out on any property, no matter which type of buyer you are.
Going into a cash purchase without help from an advisor may put you at a slight disadvantage to someone who has one by their side. Our mortgage advisors in Coventry will make the process as simple and as easy-going as possible.
It’s our job, as a mortgage broker in Coventry, to deliver you with fast and friendly mortgage advice service. Contact our mortgage team and we can assist you through the whole moving home process in Coventry.
Did you know that we can also help you make an offer on a property, arrange an AIP within 24-hours and perform a free affordability assessment on you? Get in touch today for a free consultation in Coventry.
Typically, you’ll find that the highest interest rates come with long-term fixed-rate mortgages. This is why it sometimes may be best to fix your mortgage in short term.
Even though a short term fix could potentially save you money further down the line, you’ll have to frequently review and renew your mortgage because of it. When you’re remortgaging in Coventry, depending on how the economy is and what deals are available on the market, you may be able to access a good rate during every point of remortgaging.
At the point of remortgage, you may end up finding a better deal than your previous, or you could end up being on one that’s a little more expensive, you’ll never know until you start looking!
If you’re looking to fix your rate for longer than 2 years, you may be better at looking for products with a fixed term between 3 and 5 years.
As a mortgage broker in Coventry, we’ve found that the most popular fixed-rate products are in 5-year terms. These deals are neither too short nor too long. A 5-year term will also add the security of constant monthly payments for the foreseeable future.
There’s really only one negative to fixing into a 5-year term. Overall, your payments may work out more expensive than if you had taken out a 2-year product and then a 3-year product, but not by much.
If you wanted to take out a fixed-rate mortgage for even longer, for example, a 7 to 10-year fixed-rate product, you may need to try and approach specialist lenders as there are a limited number of these deals on the market. By choice, these deals aren’t the most popular of choices amongst home buyers and owners. This is down to the length of the term. Also, you won’t get much flexibility whilst being fixed into a mortgage with a long term; they may also come with expensive setup fees and rates.
You also need also consider the additional fees that come with remortgaging. Be aware of costs such as booking and arrangement fees. Usually, a booking fee will be charged upfront, whereas an arrangement fee will be charged upon completion. You may get the option to incorporate these fees into your mortgage payments, this will not only increase your payments each month but also increase the total amount paid for the fees as their costs will increase due to the interest.
Did you know that if you have the funds in place to so do, you can pay off some of your mortgage early? If you want to remortgage now rather than waiting till the end of your term, you can pay off your fixed-term total and remortgage early.
However, if you choose to do this, it’s likely that you’ll be charged with an ERC (early repayment charge). This is because you are tied into a deal for a set period of time, so paying it off early and remortgaging will cost you. You should continue if you are okay with paying the ERC.
Your ERC total is taken from a percentage of the amount that you still owe on your mortgage, not your term. For example, if you have £200,000 left on your mortgage, you may get something like a 2% ERC which is £4,000. If a current deal is available on the market that is better than your current one, it may be more beneficial for you to take the ERC and remortgage early as the product may go.
As a mortgage broker in Coventry, we always advise not to chase ‘headline’ deals. You should know that more often than not, the deals with the lowest rates come with the highest arrangement and setup fees.
For further fixed-rate and remortgage advice in Coventry, please get in touch today. We have helped 1000s of customers secure competitive fixed-rate products in the past, and we want you to be next!
Even if you are not married and aren’t looking to settle down and have kids at any point in the near future, it is likely that you will still benefit from taking out life insurance in Coventry. No matter your personal circumstances and life choices, if you are a single homeowner, there are still plenty of justifiable reasons to take out life insurance.
Having a life policy in place can be a big support to your family in dealing with any apparent debts after your passing, such as any remaining mortgage payments that need to be made.
Typically, the purpose of taking out life cover is to cover the costs of any mortgage payment debts. The policy will usually be set up to automatically pay out a lump sum, equivalent to the mortgage cost, in the event that the policy holder (the person with the life cover) passes away whilst still having outstanding monthly mortgage payments.
If you are living with a partner or you have children, the insurance might even be extended into an income boost provided to your dependants, in order to cover any living costs.
The reasoning for that particular extra protection may not be necessary for single cover applicants, but taking out some insurance to cover your mortgage is still worth doing to ensure your payments are securely paid off when you’re gone.
If a single homeowner passed away before their mortgage balance has been paid off, their bank or building society can look to pay off that balance from their late customer’s estate, i.e., their collective belongings (accumulated assets is a term people use for this). This will be something of worth they can sell, like a car.
Quite often when these cases arise, we find that the property will get sold at auction in order to pay off the remaining balance. If the home happens to fall into negative equity, the lender has every right to demand that the difference must be made up by the estate.
As an alternative to this, the lender can demand that the property be sold with any surviving family members not being able to make up any shortfall on the balance. As if this wasn’t bad enough, if the probate process is drawn out (the probate is the period of time where the individual’s estate is handled), the lender can actually continue to add interest charges, increasing the total amount of the balance that needs to be paid. Morally questionable, but unfortunately not illegal.
Taking out life insurance will help protect your family and/or estate from these problems from occurring.
If you are looking at the options you have for taking out life cover in the future, please get in touch and book yourself in for a free consultation with one of our dedicated protection advisors in Coventry.
No matter if you have plans of becoming a first time buyer in Coventry or are already a homeowner, we feel this is something better sorted now than left too late.
A life insurance policy can also mean that if you have any children or grandchildren, they can be left some form of inheritance, regardless of if there is equity in the home.
The general consensus when it comes to moving home in Coventry is that a homeowner will need to sell their current home initially. By selling your home, you will release the equity within it ( the amount at which you will sell it for minus your current mortgage balance), then use this amount as a deposit towards your next purchase.
In spite of this, lots of homeowners will not look to sell their property until they have found the new one they would like to buy. As soon as you have found that property, it’s very likely you’ll be selling your home in no time.
It’s all about how you want to market and present your home when it is listed for sale. This can have a significant effect on how quickly your home sells. Below are some key points that can help quicken up the sale process when you are moving home in Coventry.
Even though many sellers do know that selling your home over the price can become problematic, we do still find people go for the Estate Agents recommendation. They will usually suggest the highest potential sale price.
With websites like Zoopla and Rightmove increasingly at the forefront of the property market, buyers can easily view newly listed properties at attractive prices. Keep in mind that if you have no interest at the start, there’s a high chance that your home has been overvalued.
In terms of your property viewings, it’s best that you have a look around your own home from the perspective of someone who is looking at your home for the first time. Your property needs to have that “kerbside appeal”. This is when the first impression a viewer has on your home, needs to be a positive one.
Little details go a long way so consider freshly jet-washing your drive and cutting any hedges and grass in the front garden. Obviously, these won’t be the main factors that will sell the property, however, it shows a buyer that you have taken great care of your home.
Furthermore, this will help build an attractive approach to your home and will mean the buyer will generally expect the inside to be just as nice. While you are washing the drive and cutting the garden, it’s a good time to have a good tidy up and clean up too. If there is anything left in the front of the property like bikes or toys, make sure you put these away.
When you have sorted out the exterior of your home to make it tidy, then you need to begin looking at the inside of your home. Make sure you have a thorough inspection of each room, in particular, your kitchen and bathroom.
Below are some key points to consider:
The overall atmosphere in your home should be welcoming and relaxing for your buyer, therefore, maybe look at arranging for any pets or young children to be out of the house when the viewing happens. This can also minimise any distractions.
If you do have a family and live in a property that is perfect for someone to grow a family, look at adding these touches to your property. Placing family pictures around the home can be a brilliant way for a buyer to build a picture of what it may be like to bring up a family in the home.
Visuals are key throughout property viewing. Build up an appealing aesthetic throughout your home by adding little details like colour-coordinated towels and other bits of home decor. To push this further, remove any clothes or items you don’t use daily to make the rooms look spotless and clean.
It’s very likely that the back garden will be the final place buyers will look, therefore, it’s important you live an excellent lasting impression. It’s likely that the viewer would want to look at the inside of your garage or shed, therefore, don’t just put everything in there, make sure you give it a good tidy.
As mentioned for the front of the garden, it’s good to cut the grass in the back garden and trimming any overgrown hedges to make it look tidy. Something else to keep in mind is looking at weeding along the paths and walkways to make it even neater.
If you have it, maybe look at the current state of your fences. Try and make them tidier by covering any holes and adding a fresh coat of paint.
Many viewers like to hear a first-hand experience of what it’s like living in the property they are interested in. With this in mind, it’s best to carry out viewings in person. You can sell it in the most personal way possible and will be likely more passionate about your home.
By doing this, you will be able to provide an honest experience by highlighting any small issues you have found over the years. It’s best to balance out the good and the bad of the home to the buyer so this will definitely help achieve this.
If you are showing the buyer around yourself, it’s important to give them space. Give them time to walk around on their own when appropriate so they can feel comfortable talking amongst themselves about their opinions of the place.
The final point to keep in mind is the emotions attached to buying a home. You may find that your viewers have experienced owning a home before so could be looking at moving home in Coventry themselves.
For an emotional touch to their viewing experience, it’s good to mention how living in the home has been an important part of your life whether it’s where you have raised a family or it was your first home. This can impact viewers on the emotional impact the home has had and adds a personal touch to the property overall.
No matter if you are a first time buyer in Coventry, looking to take that initial step onto the property ladder, thinking of moving home in Coventry, or looking to Remortgage for any potential Home Improvements, the concept of overpaying, even by a minor amount, can make a huge difference in the amount on the interest you pay back over the course of your mortgage term. The earlier you look at overpaying, the better the effects of your extra mortgage payments.
Whether or not this is done, depends on the homeowner. Some may choose not to down this route, whilst some struggle to afford these additional payments. A lot of the time though, it comes down to life getting in the way.Even still, if you can, overpaying is the ideal thing to do when you take out a mortgage. Let’s be honest though, there’s always something new and flashy we’d rather buy, as opposed to making an extra payment on the mortgage.
Part of the problem here is remembering to overpay. It’s not something that’s particularly likely to cross your mind too often. Possibly when your mortgage only has a few years left, but the impact at that point isn’t as great as it could have been if you’d done it earlier.
An easy way to make overpaying part of your routine is to set up a standing order paying your lender each month. Even better, organise it so that it goes out the same day as your mortgage payments. This way, it just feels like one amount and you will become used to this.
By using a standing order, you’re in control. Unlike a direct debit which the receiver controls, you can easily cancel a standing order if your financial situation changes. Whilst it would be a shame to stop overpaying, at least you would benefit from the overpayments made up until that point.
Overpaying your mortgage is a great habit to get into. You don’t need to pay huge amounts unless you feel you can. But you’ll be grateful toward the end when you realise you’ve been able to shave a year or two off your repayments.
If you overpay, some mortgage providers will even let you make reduced payments or take a payment holiday if you have been overpaying for a while. Before taking a payment break though, it’s important to check with your lender that you are eligible to do so as you could face a negative mark on your credit report if you’re not.
If you need any extra specialist mortgage advice in Coventry, make sure to get in touch and we will see what we can do to help!
Times are changing, more and more people are renting, instead of buying a home. However, many people still see renting as a waste of money. If you have parents that are homeowners and you are still young, they might encourage you to buy a house rather than renting it.
But which option is better? Why do some people choose to rent but some people choose to buy? In this article, we will dive into the pros and cons of buying a home vs renting…
Buying a home is always a stressful process, not only financially but also because of other problems that might occur in the future. There are a lot of decisions to make when buying a house.
There are lots of pros and cons to buying a house, however, it’s really down to your personal and financial situation to whether or not you are suited for buying.
You have to keep in mind that this is an investment, this is a home that you will be living in for years. So, the most important thing is to find the most suitable one for you and that should be your motivation. That is why buying can be a tough call; is a property purchase a part of your long terms plans?
It is no secret that owning a home takes out the surprise of your landlord wanting the property back (which they can do at any time whilst renting). If you own a house and can manage to keep up with your mortgage payments, no one can force you to leave the house. However, if you are a tenant, even though the landlord has to give you some kind of notice, if your landlord wants the house back from you, there is not much you can do.
As a tenant, if your landlord wants the home back, you have to leave. It can be very unfortunate if you have children in a local school or your work is nearby. It can also be bad for your family as a whole. That is why it’s always great to have the security of your own house.
Throughout time, the value of a house will always rise but you never know if a house market crash is around the corner, and it might be annoying to buy a house only to watch its value drop.
The worse thing that could happen is that you break up with your partner, or you have to stop working due to an illness or something else and have to sell the house and lose the money that you have put into it. That is why you always have to think about the future before rushing into something and investing.
Generally, mortgages are cheaper than renting. Plus rent payments may change over time with interest rates going up and down, and it’s unlikely for them to decrease. On the other hand, if you haven’t got a fixed-rate mortgage, it may be just like renting, your mortgage payments could change. Before you know it, you are in the same boat.
Usually, rent goes up every year, and it is highly unlikely for your landlord to lower it. Even in the middle of the pandemic, most of the landlords refused to lower it.
One of the main pros of renting is flexibility. For example, if you get a job offer that requires you to move or you want to move home in Coventry, you have to think twice as a homeowner. However, as a tenant, giving notice to your landlord is more than enough. Of course, as a homeowner, you can sell your home and buy a new one, but this is time-consuming and very expensive. And you have to make the decision whether it would be best to keep the house and rent it out or sell it. This is another dilemma that won’t cross your mind if you were renting.
All in all, if you believe that there are other places that you might want to live in the future, buying a house might not be the best option for you. Always think of buying a house as a long-term commitment.
Repairs are another positive if you are renting because if you are a tenant, your landlord is responsible for every major and sometimes minor repair. However, some landlords may take a lot of time to get around to these repairs, it’s annoying but they’ll sometimes do it on purpose. All you can do is keep trying to get a hold of them. Some may be good and responsive, it’s just down to luck. Some minor repairs may be up to you, but generally speaking, your landlord has to handle it.
When you are a homeowner, everything is up to you. Including the insurance of the property which will be a condition of any mortgage you take out.
Even though many people say owning a home is easy, it is not for everyone. There are many things you have to consider before actually making an investment like this. There is no harm in renting for a while if you made the decision to move in with your partner or have an unstable job that might require you to move somewhere else in the future.
Even though it’s more common for people to buy a house rather than renting, no matter what decision you make, you will have to pay your monthly payments. You just have to be aware of your current financial position at the point of application.
For further expert first time buyer mortgage advice in Coventry, make sure to get in touch and we can recommend you whether it may be better to rent or buy based on your financial circumstances.
No one wants a divorce, but these things happen, for better or for worse. Divorces and separations are devastating and can easily spiral out of control when legal and financial matters get involved. As these things aren’t planned, there’s a lot of things to resolve before you go your separate ways and a lot of things that could go wrong along the way. In order to keep the divorce or separation as smooth as possible, it’s always best to know what lies ahead so you can prepare accordingly.
Here at your specialist mortgage broker in Coventry, we know just the kind of mortgage issues you face during a separation or divorce. This is why we have compiled this list of the most common questions that we get from customers going through a divorce or separation and just how to deal with them. Rest assured, you’re not the only one going through these problems so we have extensive knowledge on the situation and know just how to help.
Agreeing to buy a home together is a huge financial commitment and is usually intended to be lifelong. This makes getting your name removed from a mortgage a lot harder as a matter of fact; making any changes to your mortgage is always a tedious task regardless of the situation. The only exception is at the end of your mortgage term when changing the agreement is easier.
When there are children involved, the property usually remains with the mother as she needs a place to raise the young ones, however, in some cases, it’s the other way around but either way, it may come down to whoever is “in situ” to take up the responsibility of the mortgage.
Removing an ex-partner’s name from a mortgage requires you to provide solid evidence that you will be able to meet your mortgage payments on your own. Every lender will look at your salary and your disposable income and then work out whether or not it’s realistic that you’ll be able to hold the mortgage payment fort on your own.
The lenders will also take a look at your ex-partner’s affordability and check whether or not they will be able to afford a mortgage on their own after the split. A full affordability assignment is carried out for both you and your ex-partner regardless of whether you have kept up-to-date with your mortgage payments in the past or not.
Keep in mind that since the property was bought jointly with an ex-partner, your lender can pursue either of you in the event of mortgage arrears.
Taking your name off the mortgage is quite similar to how you remove your ex-partner’s name. Although, in this situation, you are the one that is trying to vacate the property and move on which can sometimes create some unique difficulties.
Removing your name usually creates difficulties as you will need consent off your ex-partner that you can take your name off the mortgage. There’s also the issue of your lenders having to approve of you taking your name off. They decide this after a full affordability check on your ex-partner to check whether they’ll be able to afford their mortgage payments or not.
If your ex-partner gives consent for you to take off your name from the mortgage and are also capable of making the mortgage payments on their own, you will inevitably have to start looking for a place of your own. When you eventually find a place, your lender will consider your mortgage payments from your old property into consideration. There are a number of lenders that will have strict lending criteria while others may be even stricter. This why getting a suitable lender for yourself can prove to be quite difficult. Luckily, Coventrymoneyman takes your situation into consideration squarely which is why you should approach us when going through a divorce or separation.
In a lot of recorded cases, a third party may come in to offer a helping hand with the mortgage payments. This third party is usually a family member that may decide to help out or in other cases, there may be a new partner that is willing to step in.
This isn’t always the situation as you might want to make all of the mortgage payments by yourself. There’s no problem with this choice, but don’t be ashamed of reaching out and getting specialist mortgage advice in Coventry from an expert! Our Mortgage Advisors in Coventry are experienced in this specialist field. Getting help with your finances or with removing your/ex-partner’s name off a mortgage could take a heap of the stress off your back. We want the best for you at the end of the day.
This is another common question and the answer is yes, in fact, you can own multiple mortgages, however, before getting accepted for another mortgage, your lender will have to take a closer look at many different factors. When they are checking your file, they will be able to see that you are still linked to another mortgage (or have been recently).
They will examine just how much you are contributing to these mortgage payments and check whether or not you’ll be able to manage additional mortgage payments on top of them. Lenders also expertly factor in any other credit commitments that you have.
Lenders will also account the risk factor, for example, how likely is it that your home is repossessed because you couldn’t afford your mortgage payments. They won’t take any risks either.
If you’d rather get an affordability check before you directly approach a mortgage lender, you can approach a Mortgage Broker in Coventry like us. We will perform our own credit check and affordability measures to find out whether it’s realistic that you’ll be able to afford another mortgage.
We have mortgage advisors in Coventry that specialise in this field, so don’t hesitate to get in touch with us. We are more than happy to help.
If you are taking on the mortgage process, you may be wondering whether or not you should take out mortgage advice in Coventry. At the end of the day, it’s all down to personal preference, as well as your finances. In many cases, however, it can be beneficial to get a second opinion.
It should be the job of a mortgage broker in Coventry to save you both time and money, making your process as stress-less as they can. This is something we pride ourselves on as a company. Whether you’re buying a new home or remortgaging an existing one, a lot of the time, we are able to help.
We have been working within the mortgage industry for a long time, with over two decades of experience. This means we know a variety of mortgage situations inside and out, with knowledge on exactly where to find the best mortgage deals for you.
There are all kinds of different reasons as to why people may get in touch with an expert mortgage broker in Coventry for mortgage advice in Coventry.
We sometimes see customers getting in touch with us after they have already spoken to their banks mortgage advisors in Coventry and been declined. As such, they may find themselves in need of an expert, unbiased opinion regarding their mortgage situation.
Another area we regularly help with, is first time buyers mortgages in Coventry. We love being able to help people find their footing on the property ladder with their first ever home purchase! It can be a stressful process and we try to make it as simple as possible.
No matter the mortgage situation you are in, whether self employed and struggling to evidence income, moving home and stuck in a property chain, looking to increase your portfolio of buy to let mortgages in Coventry or even something else, a mortgage broker in Coventry is here to help.
When you get in touch with us, you reap the benefits of a free mortgage appointment with an expert mortgage advisor in Coventry. They will sit and chat with you about your plans for your property owning future and gather initial information from you, to help with your process.
It’s the job of a dedicated mortgage advisor in Coventry to help you through every single step of your mortgage process. This includes obtaining an agreement in principle for you, if you need us too, which can typically be done within 24 hours of your initial mortgage appointment.
From there it’s on to the next stage of your journey, whether that be making offers on a property you would like to buy or looking at better deals with a mortgage advisor, if you are instead looking to remortgage in Coventry on your home.
Once you have progressed through this next step of your process, your trusted mortgage advisor in Coventry will be able to compare mortgage deals for you, on your behalf. They will look at both your financial and personal situation, finding the deal that is likely to benefit you the most.
No matter what, your mortgage broker in Coventry is here to help, staying by your side throughout every leg of the journey. No question is a silly question and we will answer all of your queries and concerns as promptly and clearly as we can, to keep you at ease during your experience.
As an open & honest mortgage broker in Coventry, it is always the aim of our employees to deliver a high level of customer service. Through providing a fast and friendly service and being extremely responsive, we go the extra mile for our customers, no matter their circumstances.
When a customer gets in touch with us for mortgage advice in Coventry, we always consider every situation that is presented to us. Whilst we may not be able to help everyone, we will do everything in our power to ensure it can go in your favour.
Please feel free to take a look at our amazing customer reviews, as a way to see the levels of customer service we are able to provide. How we deliver our customer service is something that is at the heart of what we do, it motivates us everyday.
Your trusted and dedicated mortgage broker in Coventry is available 7 days a week, from morning until late, including weekends and some bank holidays, subject to appointment availability.
Do not ever hesitate to get in touch, give us a call or use our online booking form and we will see how we can help!
No matter whether you are a first time buyer in Coventry active in viewing properties, or a home mover in Coventry with your house on the market, it will likely have become clear that some of the larger estate agents and builders would prefer that you to use their in-house mortgage advisor and conveyancing services.
As an open & honest mortgage broker in Coventry with no ties to these estate agents, we receive lots of feedback as to what sales tactics can be used. Some of these include:
Read our 37 Reviews
Coventrymoneyman.com & Coventrymoneyman 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
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Coventrymoneyman.com & Coventrymoneyman 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
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