I just want to know how much it's going to cost me to move?
Are you frustrated by all the jargon out there when it comes to mortgages? Are you keen to move but don’t know how much you can borrow?
If you’re thinking about moving, then you need to know what you can afford to buy. And finding out sooner rather than later with an Agreement in Principle means you’re in a better position for a vendor to accept your offer on their house and your next dream home!
We asked Assured Mortgage Advice, our trusted partner, for the top 10 ways a mortgage advisor can make the process as easy as possible for you.
1. Free, no obligation, initial advice
It shouldn’t cost you anything to find out what options you have.
2. Appointments to suit you
You want flexibility in your mortgage advisor so look for a company that doesn’t work 9-5, Monday to Friday, and can talk to you over the phone or in person.
3. Impartial
Impartiality is important. Remember, your mortgage advisor is working for you, not the estate agent or the seller so it shouldn’t matter who you are buying through.
4. Plain English
Does the advisor speak in plain English? Are they explaining the home buying process so you know how it all works?
5. Informative
There should be no surprises. You want your advisor to walk you through all the potential costs involved with buying a property, such as deposits, solicitor fees and surveys etc.
6. Expertise
Are they experts in Help to Buy and Shared Ownership schemes?
7. An agreement in principle
A mortgage advisor will get you an Agreement in Principle from a Lender so you know the maximum amount you can spend. This puts you in a great position to be confident when you make an offer on a property.
8. Whole of market advice
An independent mortgage advisor will do all the shopping around for you to ensure that you get the best possible mortgage available. You can sit back and let them do all the hard work, saving you time and money!
9. Protecting your property
Ask them what advice they would give on how to protect you and your property to ensure you don’t lose your home.
10. Exclusive mortgage schemes
Do they have a great mortgage network? If so, they can find mortgage schemes that might be difficult for you to find on your own.
If you’d like more advice, talk to Assured Mortgage Advice on 01480 473084 or click this link for more information on what's available to you. And good news, if you're selling with us as well as buying, Assured Mortgage Advice won't charge you their £300 broker fee!
* Your home may be repossessed if you do not keep up repayments on your mortgage
* There may be a fee for arranging your mortgage and the precise amount will depend on your circumstances. This will typically be £300