Moving House can be stressful, especially if you are sorting everything by yourself. It can be even harder if you’re selling a property at the same time as trying to buy one. This is where an experienced Mortgage Broker in Coventry will come in handy. A Mortgage Advisor in Coventry at Coventrymoneyman will take all of the stress off your back and sort everything for you.
An Advisor will search through thousands of mortgage deals on your behalf until they find the perfect one for you and your personal and financial situation. We will be right by your side during the whole Moving Home process, keeping you up-to-date at all times so that you feel comfortable and know what is going on at all times.
We have helped put a smile on thousands of Home Movers faces in Coventry, we want you to be next!
When Moving Home, you are taking that next step up the property ladder which can sometimes cause some problems to pop up. Below are some of the most common home moving scenarios:
Contact us to book your free mortgage consultation.
As your Mortgage Broker in Coventry, we know exactly how to get you through the Moving Home process. We always advise that borrowers looking at Moving Home speak to a Mortgage Advisor before going directly to their lender as Moving Home can get complicated very quickly and become stressful. With Coventrymoneyman by your side, we will not let that happen, we will work to ensure that you feel secure and comfortable during every stage of the Home Moving process.
In Coventry, you will find that other Mortgage Brokers in Coventry may be tied to Estate Agents, however, we are not, we work solely for you! We always have our customers best interests at heart, aiming to provide that a fast and friendly mortgage advice service.
At the end of the day, if you are Moving Home in Coventry, we want you to get through the process in the fastest yet least stressful way possible. That’s why we recommend speaking to one of our amazing Mortgage Advisors in Coventry. They will devote all their time to you, trying to ensure that you come out with the best deal for your personal situation.
You can read more about our customer service and see our amazing reviews here.
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.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
