Mortgages

We can help you find the right mortgage to meet your needs, whether you are a first time buyer, a home owner moving house, looking for the most suitable remortgage rate or an investor looking for that right Buy to Let deal, we can help you complete your journey.

 

 

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First Time Buyer
As a first-time buyer, you will require a minimum of 5% deposit towards the cost of the property you wish to purchase. However, the larger your deposit, the better the mortgage deals will be available to you. You should also consider additional outlays such as conveyancing fees and removal costs. When buying your first home, seeking independent mortgage advice is a must. A whole of market mortgage broker like Mortgages for Homes, will tell you how much you can borrow and will identify a suitable mortgage product for your needs. We will secure a mortgage agreement in principle, so you can make an offer on your new home. When you are ready to apply for your new mortgage, we will guide you through the process and handle all the necessary paperwork, liaise with your lender, solicitor and estate agent and answer any questions you may have along the way. mortgage broker essex
Remortgage
When you remortgage, you change the current mortgage on your home by either taking out a new deal with your existing mortgage lender or switching to a new lender. If you move to a new lender before the end of your agreed mortgage term, you may have to pay a fee for doing so. You may wish to remortgage to secure a better mortgage deal, release cash from your home, for debt consolidation or home improvements or reduce your mortgage term. No matter your reasons for remortgaging, we are here to help. We will take the time to understand your personal circumstances and search the whole of the market to find the right remortgage deals. When you are happy to apply for your new mortgage, we will manage the entire process for you, handling all the necessary paperwork and liaising with all the relevant parties, to remove the stress and hassle for you. mortgage broker essex

Moving Home
When you move home it is important to check that you have the right mortgage for your needs. Most mortgage lenders will let you transfer your mortgage from one property to another, which could be a good option if you are buying a home of a similar value. But if you need to borrow additional money to purchase your new home, you will usually need to apply for a new mortgage to cover the additional amount, which could have a higher interest rate and the added cost of an arrangement fee. As a whole market mortgage broker, we can help you check that you have the right deal by comparing thousands of products from the UK’s top lenders. When you are happy to apply for your new mortgage, we will manage the entire process for you, handling all the necessary paperwork and liaising with all the relevant parties, to remove the stress and hassle for you. mortgage broker essex
Buy to Let
If you’re considering buying a property as an investment to rent out to tenants, you need a Buy to Let mortgage. This type of mortgage is secured against the property and tends to be more expensive than a standard residential mortgage. The key difference between the two is that the amount you can borrow is usually based on your anticipated rental income rather than taking your salary into account. Obtaining a buy to let mortgage is much harder as the criteria you need to meet are stricter, at Mortgages for Homes we are here to help you through the process. We can check your eligibility for a buy to let mortgage and ensure you are aware of the costs involved.
Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority (FCA).

Contact Us

If you have any questions, require help and advice or wish to book an appointment, please call us on 01375 678833 or 07746 534448, alternatively send us a message using the contact form below. We aim to reply within 2 business hours.