Welcome to Leicestermoneyman.com, the online home of Leicestermoneyman – Mortgage Broker, providers of expert mortgage advice in Leicester.
As a mortgage broker in Leicester that prides itself on providing a fast & friendly service, we have a large amount of collective experience across our mortgage advice team. Because of this we are able to provide high tier mortgage advice for almost everyone who gets in touch with us to discuss a situation in regard to their mortgage.
Many of our customers return to us from time to time, especially when it comes to services such as remortgaging. This is because we believe in providing a transparent and upfront process.
This motivates each member of our hardworking team to go even further knowing that they are able to go the extra mile and continue our existing journeys with existing customers allowing us to watch their adventure of being a homeowner blossom.
As a trusted and respected mortgage broker in Leicester that also regularly works with specialist mortgage cases, we have a large panel of mortgage lenders that have fantastic deals of offer for home buyers, depending on the criteria they can match up to.
Bearing this in mind, you’ll be assigned a mortgage advisor in Leicester who will work hard to tailor the search to match your personal and financial needs, in order to find you the best deal that they can.
We will always have a dedicated member of staff working from early until late, all throughout the whole week and even some bank holidays. We aim to make sure that our customers are informed on where they are in their mortgage process, whilst doing everything we can to further them towards their mortgage dreams.
In the years that we have had in working as a mortgage broker in Leicester, we’ve literally spoken to thousands of home buyers and homeowners.
Through our many interactions, we have found that the majority we have spoken to have been turned away by the bank for some reason or another, often without fully explaining the reason for doing so. This can be harmful as you won’t know exactly what went wrong, meaning you don’t know what to fix in order to help yourself succeed.
There are lots of different reasons as to why the bank may decline a customer. This can be anything from the property value being a lot less than the amount they are looking to borrow from them, to the bank simply not having enough appointments available to customers looking to speak to a mortgage advisor.
We are able to search through 1000s of different and unique mortgage products, able to tailor our search to your needs. We can say with the utmost confidence that we will do our absolute very best to find the most appropriate deal for your circumstances. Your mortgage advisor will take the load off your shoulders, allowing you to be one step closer to being in your dream new home.
Our loyal and enthusiastic team here at Leicestermoneyman have an in-depth knowledge of various lenders’ mortgage criteria and we would love to help you through your mortgage journey, from your first contact, right up until the end.
As a mortgage broker in Leicester who is trusted and has a lot of experience, we will always stay loyal to our customers. We don’t work directly with any estate agents, building societies or banks. Our mortgage advisors will always have your best interests at heart.
Beyond finding you the right deal, your trusted and dedicated mortgage advisor in Leicester has the same goals with you that they do with all who get in touch; to do right by you, yo listen to and answer any concerns/questions and to make sure you feel safe and secure.
Staying by your side throughout the process and beyond, we will make sure that you are kept up to date, aware of what is going on at all times. Your assigned mortgage advisor in Leicester will get in touch with you when something happens to change or if anything important is needed from you, in order to proceed with your application.
We believe it’s incredibly beneficial to get ahead of the process by speaking with one of our mortgage advisors. Our team are able to help you out with things such as budget ideas, as well as arranging your Agreement in Principle, something that we are able to offer within 24 hours of your mortgage appointment.
Obtaining your AIP prepares you to support any offers you make which can put you in a better place that any other potential buyers of the same property.
If you would like to have an estimate of roughly how much your monthly repayments may be, you may appreciate using the mortgage calculator found across our website. Although not a completely accurate guide, it may be quite useful for anyone who would like a general idea of what they may possibly have to pay back for their mortgage.
With a vastly experienced team of trusted advisors and administrators on hand, led by noteworthy industry figure and popular mortgage advising personality, Malcolm Davidson, we are here from early until late, every day of the week to answer all kinds of mortgage questions and offer insight, guidance and most importantly, mortgage advice in Leicester.
Your free mortgage consultation in Leicester will last for about one hour. Your advisor will then recommend a mortgage for you and you can decide whether or not you wish to go ahead with it.
As your Mortgage Broker in Leicester, we will carry out a Fact Find to determine your needs prior to recommending a mortgage that is the most appropriate. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.
We recommend that you obtain an Agreement in Principle ahead of viewing properties in Leicester, to avoid any potential disappointment. At the very latest we believe you should obtain one prior to making an offer to help with your bargaining position
An Agreement in Principle will usually last for between 30 and 90 days depending on the Lender. If your Agreement in Principle expires it can always be refreshed with the assistance of your mortgage advisor.
You may possibly be able to get a second mortgage on your home for debt consolidation or Home Improvements. The usage of a second mortgages extends to using it for yourself, a family member, a holiday home or a Buy to Let in Leicester.
To purchase a house in Leicester, the minimum required deposit with High Street Lenders is usually around 5%, but this can be higher if you have had credit problems in the past.
If you have had problems with your credit, you can still get a mortgage, however, you may need to put down a higher deposit than usual, often 15% of the purchase price.
You are able to get a mortgage once you have submitted at least one year’s accounts. Most Lenders use your salary plus dividend to calculate the maximum mortgage amount you can borrow, whereas others go off your net profit.
To prove your income amount, it’s usually the latest three payslips for an employee and the latest 2 years’ accounts for self-employed. On top of this, you will need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation will usually lasts up to an hour or so. Your mortgage advisor can turn around an agreement in principle within 24 hours of this consultation and a formal mortgage offer takes about three weeks on average in Leicester.