The Moneyman team
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Malcolm and his mortgage experts
As a Mortgage Broker in Coventry, one of the best parts of our job is putting a smile our customer’s faces when they get a perfect mortgage deal. Our Mortgage Advisors will be right by your side from start to finish, offering their full support and guidance.
We are extremely proud of our highly responsive service, communication is everything in this job. We work very closely with a lot of well-known high street banks and building societies to ensure that our clients get the best deal available to them. Here at Coventrymoneyman, we also work with smaller, specialist lenders for when our customers don’t “tick all the boxes” and we still want to try and help them get an amazing deal.
Malcolm Davidson
Amy Davidson
Chris Thompson
Charlie Bryson
Jason Loft
Leo Shakespeare
Matt Collinson
Mizna Alwan
Nathan Moore
Tom Bowes
Wayne Dewsbury
What our customers say
Common mortgage questions
Your free mortgage consultation with a Mortgage Advisor in Coventry will last approximately an hour. Once they have evaluated your situation, they will recommend a mortgage for you with no obligation for you to proceed. Based on the deal, you can decide whether or not you want to continue the process with us or not.
As a trusted Mortgage Broker in Coventry, we carry out a fact find to verify your needs before recommending you with a mortgage deal. After a Mortgage Advisor in Coventry has evaluated your situation, they will perform a credit check on you, this is required for an agreement in principle. Then after you have provided all of the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued.
We always advise that you obtain an Agreement in Principle before you start viewing properties in Coventry, to avoid disappointment. If you want to get yourselves a head start, you should get one prior to making an offer.
Typically, an agreement in principle lasts for between 30 and 90 days, however, this can change depending on your lender. If your agreement in principle expires, you can renew it quite easily.
Yes, you can get a second mortgage. Whether this is for debt consolidation or home improvements, this is possible. It is also possible to take out a second mortgage on a second property but only if it is own use, the use of a family member, a holiday home or a Buy to Let.
To buy a property, the minimum deposit that you will need with high street lenders is usually 5%. This percentage can be higher if you have previous credit problems.
It will be harder but yes you can. You will have to show that you can afford a mortgage by putting down a higher deposit, perhaps 10% or 15% of the purchase price.
Yes, however, you must submit at least one years’ accounts. Most lenders use your salary + dividend to calculate the maximum mortgage, whereas other lenders could base it of your net profit.
If you are an employee, you will need to provide three payslips to prove your income. If you are self employed, you will have to prove for the latest 2 years’ accounts. Along with this, you must produce proof of ID, address and 3 months’ bank statements.
Our free mortgage consultation will take about an hour. Once this is one, we can arrange an Agreement in Principle for you within 24 hours. A formal offer takes up to three weeks on average.
