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Moving Home Mortgage Advice in Leicester

Appointments Available on Evenings and Weekends

0116 296 2977

We Take the Stress Away From Moving Home!

Whether you are moving home to upgrade to a newer property or downsizing to a property that will better suit your needs, the process can be a busy and stressful time, but it shouldn’t have to be. With the assistance from a Mortgage Broker in Leicester like us, we can deal with the mortgage aspects to take the stress away, giving you more time to focus on the move itself.

 

What makes moving home stressful can depend on what you are looking to achieve. Whether you are looking to port your current mortgage across, change lenders because your circumstances have changed, or obtain a new mortgage to cover the new value for a property, all of these can be stressful experiences as you’re trying to balance both a purchase and sale simultaneously. You also have to consider the sheer amount of paperwork and completions with your conveyancing solicitor.

 

You will need to have secured your onward purchase and find a buyer for your existing property within a timeframe.

 

Open & Honest Mortgage Advice in Leicester

How can a Mortgage Advisor help take the stress out of moving home? At Leedsmoneyman, our expert Mortgage Advisors in Leicester are available 7 days a week to walk you through the process of moving your mortgage to a new property. We aim to make your buying process runs as smoothly as possible; you can relax knowing that you’re in capable hands with our service.

 

We’ve helped many customers from Leicestershire move home quickly and easily by booking themselves in for a free mortgage appointment to speak to one of our Mortgage Advisors in Leicester. Your Mortgage Advisor will ask about your current circumstances and what you are looking to achieve. We talk you through every step of the process, keep you informed throughout the whole journey, and answer any questions you have.

 

The perks of using a Mortgage Broker in Leicester is utilising our extensive panel of lenders who provide a wide range of products. We will search through 1000’s of mortgage products then approach a lender whose criteria best match your circumstances to find the most appropriate mortgage deal for you.

 

If you are looking to Move Home, please don’t hesitate to get in touch. We offer all of our new/existing customers a free mortgage consultation. Book yourself in for a free mortgage appointment today, and let us see how we can help start your home moving journey.

 

How does it work?Get a quote nowMeet your advisor

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

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Moving Home Mortgage Advice in Leicester

If you were planning on relocating to Leicester or looking to move somewhere around Leicestershire, our qualified Mortgage Advisors in Leicester has helped many customers in a similar position as yourself achieve their moving home goal.

 

Here are some popular moving home scenarios that our team frequently come across.

 

How much can I borrow, and what are my monthly repayment costs?

A popular question amongst First Time Buyers and Home Movers in Leicester, many customers ask the maximum amount they can borrow for a mortgage and the interest rates and monthly repayments.

 

Can you help me get an agreement in principle?

At the end of your free mortgage consultation, one of our Mortgage Advisor in Leicester will search through 1000s of deals to find the most suitable deal for your circumstances.

 

If you like our recommendation, we will look to obtain you an Agreement in Principle. Having an Agreement in Principle (AIP) can help speed up the home-buying process, as you are ready to back up any offers you make on your ongoing property purchase.

 

My offer on a new home got accepted. What is the next step?

The next step is that your Mortgage Advisor will resume your mortgage application. We can also lend you a hand and advisor you on the different types of property surveys available and find you a suitable conveyancing solicitor in Leicester.

 

Has the bank rejected you?

If your Bank or Building Society may decline your mortgage application, it means you didn’t tick all of their boxes. Whether your credit score wasn’t up to scratch, or they will not lend you enough. It is still worth contacting a Mortgage Broker. A Mortgage Broker may be able to search the market to find you a more suitable lender whose criteria you do meet.

 

Obtaining a mortgage comes down to your circumstances and your credit file. We will do our best to search the market to find you the most suitable lender. We search 1000’s of deals, each offer specialist products tailored to clients whom a bank has rejected in the past.

 

Listed above were just some of the most popular reasons our customers contact us for Mortgage Advice in Leicester, and there is rarely a situation that they haven’t come across, so don’t panic if you do not fall into any of these categories. Still, contact us as our team will be more than happy to do their best to help you achieve your mortgage goals.

Are you looking to Move Home in Leicester? We may be able to help.

If you want to know your options, you will benefit from speaking with one of our dedicated and hardworking Mortgage Advisors in Leicester. They will have a chat, provide any necessary guidance, and work alongside you from your initial inquiry to the end of your process.

 

Here at Leicestermoneyman, we have had countless experiences helping customers put their foot on the property ladder, and there isn’t a situation that our team haven’t met before. We are ready and waiting to take on complex/specialist cases.

 

All next/existing customers receive a free home movers’ review, with zero obligation to proceed. During this review, our team will ask you what you’re hoping to achieve and ensure that you can take this affordable route. In doing so, we’ll be asking for both your monthly payments and discuss with you what’s the maximum amount you can borrow.

 

Once we have gathered enough information, made some keynotes, and what you’re hoping to achieve during your free home movers review, your Mortgage Advisor in Leicester will search through 1000’s of deals to find you the most suitable to match your current circumstances.

 

Getting Your Mortgage Agreed in Principle

If you are happy to proceed with our recommendation, we will look to get a mortgage Agreement in Principle, which we can usually obtain within 24 hours of your initial appointment. This will help back up any offers you would like to make on a property.

 

Once you have found your new home in Leicester and the seller of the property has accepted the offer you have made, our dedicated and trusted team will then continue with your mortgage application.

 

Customers are the heart of this company. It’s not just about finding the best mortgage for you. We like to go above and beyond. We also offer to help with the various surveys available to you and can help you get any conveyancing solicitor quotes.

 

As well as recommending the most appropriate mortgage to you, your advisor will also recommend various insurances to help cover your remaining mortgage payments in the event of something unfortunate happening.

What our customers say

Common mortgage
questions

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.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

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.

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Leicestermoneyman.com & Leicestermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Leicestermoneyman

Leicestermoneyman – 3 Oswin Road, Leicester, LE3 1HR

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