Mortgage Broker in Bedworth | Coventrymoneyman

Mortgage Advice in Bedworth

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First Time Buyer

Remortgage

Moving Home

Buy to Let

Right to Buy

Self Employed

Help to Buy

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Our team can search 1000s of mortgage deals in Bedworth, trying to find the best one for your personal and financial situation.

Get in touch with our team today to book yourself in for a FREE mortgage appointment online or give us a call on 0247688 0948.

Book Online

Get in touch with our team today to book yourself in for a FREE mortgage appointment online or give us a call on 0247688 0948.

Malcoms Image

Our team can search 1000s of mortgage deals in Bedworth, trying to find the best one for your personal and financial situation.

Book Online

Mortgage advice
your way

First Time Buyer

Remortgage

Moving Home

Buy to Let

Right to Buy

Self Employed

Help to Buy

Specialist

Reviews Stars5.00 Rating30 Reviews

Fast & Friendly Mortgage Advice in Bedworth

Welcome to the online home for Mortgage Advice in Bedworth, Coventrymoneyman. As an experienced Mortgage Broker in Bedworth, we have helped a plethora of customers provide the help and support we need through their mortgage journey. Being in the mortgage industry for over 20 years, we are experts in finding you a mortgage product while saving you time and money!

 

The mortgage experience can cause a mixture of emotions from being nervous and stressed about the mortgage aspects but excitement with the prospect of taking on a new financial commitment. Here at Coventrymoneyman, our team understand this and has dealt with many customers who feel like this before. This is why our team strive in making the mortgage process stress-free and simple overcoming any hurdles that may occur in the process. Utilising both our experience and industry knowledge, you know you will be in safe hands on your mortgage journey.

 

If you feel your situation is too complex, don’t worry, our extensive experience has given us the opportunity to help a variety of customers with some challenging situations. With this in mind, it’s very likely we have come across your situation before or something similar to it. Our team are here to provide a helping hand throughout the process, even if any unexpected hurdles occur when it comes to your mortgage application. Don’t hesitate to get in touch.

 

Your Mortgage Options in Bedworth

Below are the most popular types of mortgages we see customers go for on a regular basis:

 

First Time Buyer Mortgages in Bedworth

You might be a First Time Buyer is ready to take one of the biggest financial commitments they have ever encountered but have no idea where to start. From the initial call all the way through to obtaining your keys, our team can help you throughout the process keeping you constantly updated on what’s going on whilst keeping technical jargon to a minimum. If you are looking for a helping hand on obtaining a mortgage, simply book your free mortgage appointment by booking online or speaking to a member of our team to speak with a First Time Buyer Mortgage Advisor in Bedworth.

 

When you get in touch with our expert team, we will ask you a series of questions to get an idea of your financial background. From this, we will carry out an affordability assessment to see the type of deals that are available to you. As well as this, your dedicated advisor will look through all mortgage products to find you the deal that is fitting for you. and get an Agreement in Principle for you within 24 hours. Remember, your advisor is there to help you so ask as many questions as you want to.

 

Another option you could consider if you find saving up for a deposit a struggle is using the Help to Buy scheme. Introduced by the government, there are many schemes designed to help First Time Buyers looking to take that first step on the property ladder like the Help to Buy Equity Loan, Shared Ownership or Lifetime ISA.

Moving Home Mortgages in Bedworth

When you are Moving Home and are looking for a mortgage in Bedworth, the process can be more familiar to you as you have done this before. Regardless of this, one aspect that can be a hurdle in the process is that you have to buy and sell properties at the same time. Managing the process of two properties can be a juggling act, especially with the mortgage aspect. This is where we come in, we can help you with the mortgage process .

 

There are many reasons why people look to move home like seeking a bigger property. If this is your situation, it’s likely that you need to check our affordability before taking viewing and making offers. Our team can help you with the budget so you have an idea of what properties you can afford in Bedworth.

 

Buy to Let Mortgages in Bedworth

Throughout our 20 years in the mortgage industry, we have built strong, enduring relationships with many Buy to Let landlords. Our team are ready to help you whether you are a First Time Buyer landlord or have an existing portfolio.

 

There are various Buy to Let mortgage options out there like a HMO, Holiday Let, Let to Buy and many more! Your allocated Mortgage Advisor in Bedworth can talk through the all of your Buy to Let options.

 

Remortgaging in Bedworth

A Remortgage happens when you are coming to the end of your fixed mortgage term. The process involves you switching onto another mortgage product to avoid falling onto your lender’s standard variable rate of interest. Our team can help you search the market for competitive rates and products. In some cases, you may have competitive rates available to you if you have kept up with your repayments.

 

As well as finding a better deal, many people remortgage for other reasons like home improvements, to release equity or to consolidate debt into their mortgage.

 

If you are Self Employed, the process will be just like the other scenarios, but the one difference is evidencing your income. This will involve you providing additional documents that your Mortgage Advisor in Bedworth would advise you to provide. Like with the other mortgage types, they will still carry out an affordability assessment and see what deals are on offer to you.

 

Our team offer Mortgage Advice in Coventry and surrounding areas including Northampton.

Why Coventrymoneyman? – Your Mortgage Broker in Bedworth

What differentiates us from a bank or building society is that we have access to a panel of lenders that aren’t just in-house products like what a bank or building society would offer. Another difference between a Mortgage Broker in Bedworth and your bank or building society is that we are responsive and will not leave you waiting around for an answer. Our team are here 7 days a week, you simply have to book online or give us a call!

 

We strive in providing a simple and stress-free experience to all our customers. Furthermore, we always go the extra mile for every person that gets in touch with us. Check out our amazing review for more information.

 

Our Simple 4-Step Process

Select your preferred date and time by following our book online process.

 

Our team will connect you to an allocated Mortgage Advisor in Bedworth who will take further information off you and assess your affordability. As well as this, they will prepare you an Agreement in Principle which usually can be done within 24 hours of your free mortgage appointment.

 

Your advisor will then be able to find you a brilliant mortgage product. When you are happy with the deal, we can then proceed with the mortgage application.

 

If that looks good to go, we will then submit your mortgage application to the lender. It’s that simple!

 

Have you been declined by your bank?

In the case where you have been declined by your bank and are looking for the help of a Mortgage Broker in Bedworth, our team can help! We do advise that you do not keep applying to loads of different banks, as this can have a negative effect on your credit score especially if you keep getting declined.

 

Our team can help you find out the reasoning as to why the bank has declined you. Common reasons in poor credit, a fault in your application, affordability or something different. It’s best that you try and improve on these issues to avoid your current and any future credit applications.

 

Getting a mortgage is not in the cards for everyone but we do work hard in finding you the best product that is appropriate for your personal and financial situation. As a Mortgage Broker in Bedworth, we always provide an open and honest service to all our customers. Therefore, we will tell you if we cannot find an appropriate deal for you and you cannot get a mortgage. We will provide you with some helpful information on ways you can improve your application in the future.

How do I transact with my Mortgage Broker in Bedworth?

You’ll benefit from a free initial mortgage consultation with one of our experts. Out of hours mortgage advice isn’t a problem, we have in-house mortgage advisors working until late to take your mortgage enquiries. Give us a call, we may be able to help!

Why shouldn’t I go to my bank for Mortgage Advice in Bedworth?

The banks’ mortgage advisors are only able to offer products from one lender – Themselves. Their mortgage advisors can also be rather hard to get an appointment with, so if you’re actively looking at properties or are ready to offer this can be very frustrating. Seeking advice from a professional mortgage broker can also work in your favour, as we can compare deals. We have a large number of mortgage lenders on panel, some with very specialist mortgage products available. Worry not, we have a lot of experience and knowledge in providing mortgage advice to customers with a variety of situations.

My bank turned me down – Will you be able to get me a mortgage?

Quite often, customers that contact us for mortgage advice have been turned away by their bank for reasons such as income types, credit score, property type and the bank won’t lend enough. More often than not, we are able to help with this.

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

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Common mortgage questions

Once your free mortgage consultation is complete, we can arrange an Agreement in Principle for you. We can usually get you one within 24-hours of your application.

We will then try and find you a perfect deal for your individual situation. If you want to proceed, we can get your mortgage application ready for submission. Once submitted, a formal offer usually takes more than three weeks.

To back up your mortgage application, you’ll have to provide some evidential documents. This will include things like ID, bank statements, your latest P60 and payslips.

Your dedicated Mortgage Broker in Coventry will go through every step with you to make sure that you get it right!

Yes, you can get a mortgage as a Self Employed applicant, however, you must be able to submit at least one years’ accounts. Not all, but most lenders will use your salary plus dividend to work out the maximum mortgage amount that you can borrow. Sometimes, lenders will also go off your net profit.

It may require you to try and obtain a specialist product, however, yes, it can be possible to get a mortgage despite having bad credit. As a Mortgage Broker in Coventry, in the past, we’ve seen lenders request 10%-15% deposits.

This all depends on the property price and your credit rating. However, in most cases and if you have good credit, most high street lenders will require a minimum of a 5% deposit.

Yes, you can get a second mortgage in Coventry. Here are the most common reasons why people want a second mortgage:

– Debt consolidation
– Home improvements
– Buy to Let
– For a better deal
– Divorce/Separation

Even if your situation isn’t on this list, still feel free to get in touch and we will if we can help.

Usually, depending on the lender that you’ve used, your Agreement in Principle will last anywhere between 30-90 days. If your Agreement in Principle expires, you can easily renew it. If you get in touch with your Mortgage Broker in Coventry, they can arrange this.

Obtaining an Agreement in Principle (AIP) is a crucial part of the mortgage process. As a Mortgage Broker in Coventry, we advise that you get one prior to viewing properties.

Having an AIP in place nice and early could allow you to negotiate prices when making an offer. Of course, you will need to back up your affordability for a mortgage. You are only agreed in principle of providing evidential documents to support your application. Our team can help you with this.

The mortgage process can be made simple by using a Mortgage Broker in Coventry like us. Our mortgage process includes a simple fact find, a free mortgage consultation, then application submission. We can arrange an Agreement in Principle within 24-hours of all of this. We just need some evidential documents from you then we can get the ball rolling!

Your free initial mortgage consultation in Coventry will last around an hour. Firstly, your Mortgage Advisor in Coventry will get some information from you to find out about your mortgage needs and situation. Once we have some details from you, we can begin looking for mortgage deals.

Your dedicated Mortgage Advisor in Coventry will search through 1000’s mortgage deals, trying to find one that matches your personal and financial mortgage situation. If we find a deal, we’ll recommend you with the product. If you are happy to continue, we can get the ball rolling with your mortgage application.

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Authorised and Regulated by the Financial Conduct Authority.
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