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.
Our expert mortgage advisors in Leicesterare 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.
If you're considering relocating within Leicester and wish to take your current mortgage with you, this may be possible, provided you meet the eligibility criteria set by your lender. However, it's important to bear in mind that if your financial situation has changed since you initially obtained the mortgage, you might not qualify for the transfer and may need to undergo a re-evaluation process.
When moving to a new home in Leicester, it's crucial to carefully consider the various expenses involved. These costs encompass fees for estate agents, property surveys, mortgage arrangements, solicitors, removal services, and potentially fees from a mortgage broker in Leicester. After you complete the move, the funds obtained from selling your existing property will be used by your legal representative to fully pay off your current mortgage.
If your lender permits it, you have the option to either start a new mortgage or transfer your existing mortgage to your new property within Leicester. It's worth noting that if you choose to pay off your mortgage entirely, you may be subject to early repayment fees.
The ability to make overpayments on your Leicester mortgage depends on the specific type of mortgage you have. If you're in an introductory, fixed, or discount period, most mortgage providers will allow you to make annual overpayments of up to 10% of your outstanding mortgage balance per year. However, if you're on a standard variable rate, you might sometimes be able to make unlimited overpayments without facing any penalties.
Our Customers Love Us
5.00 Rating21 Reviews
It was smooth, took all the stress of reseaching the best mortgage. Easy access to appointments. TOM was great and understanding
1 month ago
Very very good thank you
4 months ago
Charlie was very easy to talk too and made things easy and simple to understand and explained our options in detail which really helped us through the process as first time buyers.
4 months ago
Jason and his colleagues at UK Moneyman have been amazing from the start. When we began the process of house buying and finding a mortgage we knew very little, but Jason explained much to us in a telephone consultation and outlined all our options....
2 weeks ago
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
2 weeks ago
Leo Shakespeare and Stacey Jopling has work long side each other to made this entire journey extremely smooth and informative as a first time buyer. His service has been phenomenal. I had been rejected from many other brokers and banks and he...
3 months ago
I have been dealing with Wendy and Malcolm in regards to my house purchase and I could not recommend these enough. A true credit to the company. Very efficient with communication and solving any issues that needed to be addressed. Would highly...
5 months ago
Incredibly helpful, supported throughout whole process
5 months ago
Fantastic experience. Charlie helped me race through to secure the best mortgage offer, best plan for life and critical illness insurance. Very approachable and responsive even with any queries I had after everything was completed.
6 months ago
The service was really good and want to say a big thank you to Leo and Wendy for all there help and guidance 😊
1 year ago
Leo who help deal with all of our mortgage was brilliant, professional always there to guide us and explain every step, fully recommend him, We also spoke with Wendy and once again she was very friendly polite and there to help with anything...
1 year ago
Really good service by Malcolm and the team. Fast and made sure to understand my needs regarding the mortgage I wanted and to meet them. Would recommend
1 year ago
Had great help from both Joe and Chris and Chloe who were all friendly and always happy to help
10 months ago
Made everything very easy, we are first time buyers and they couldn't have been more helpful or informative. They didn't make us feel like we were stupid for not know anything about buying a house and talked us through the entire process. They even...
10 months ago
Tom and Meghan were brilliant throughout the entire process! Both were friendly and knowledgeable and explained everything to us clearly and answered our countless questions and gave us clarification where we needed it. Both were easy to contact and...
10 months ago
Super helpful, made the whole process really easy and explained everything as we went along. Pretty good at keeping in contact, keeping us up to date and explaining the choices we had and then giving us the time to discuss and make those decisions.
11 months ago
Buying a home can be a confusing process, especially if you are a first time buyer. Lyndsey and Ryan made the whole process really easy for us, helping us every step of the way ensuring that we were clear at all times. We now have a mortgage...
1 year ago
I must say I am very pleased with the service I recieved from Moneyman, they set up regular calls and kept us updated throughout the checking progress. Fairly priced fees and very knowledgeable! I would highly recommend their services
1 year ago
Second time with this broker and it's been an amazing experience. Would definitely recommend. Anna and Matt were brilliant.
1 year ago
Just want to thank Charlie and Molly for being so helpful, they really helped and reassured us a lot through our mortgage process! They always had time for a chat to us and help me and my partner! Great service!
1 year ago
By teaming up with an experienced mortgage advisor in Leicester, you open the door to a meaningful discussion about your current financial situation and future objectives.
In the initial consultation, your Leicester mortgage advisor will carefully assess your income and expenses to determine your maximum affordability.
A proficient mortgage advisor in Leicester will meticulously search through a wide range of mortgage products to identify the one that aligns best with your unique requirements.
We will assist you in obtaining a mortgage agreement in principle, which can be highly advantageous when making offers on properties.
Once your offer is accepted, your Leicester mortgage advisor will handle the submission of your complete mortgage application along with all the necessary documentation to the lender.
Throughout the process, a dedicated case manager will keep you informed every step of the way until you receive your formal mortgage offer and successfully complete your property purchase or sale.
Our services go beyond just finding you the most suitable mortgage deal; we also offer relevant insurance recommendations to safeguard the well-being of both you and your loved ones.
As the time comes to renew your mortgage, we will proactively reach out to ensure that you always have access to the best available deal.
All new / 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.
Here at Leicestermoneyman, we have had countless experiences helping customers put their foot on the property ladder and provided expert mortgage advice in Leicester, and there isn’t a situation that our team haven’t met before. We are ready and waiting to take on complex/specialist cases.
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.
The amount you can borrow and the monthly repayment costs for a mortgage in Leicester depend on various factors, including your income, credit history, the value of the property you wish to buy, the mortgage term, and the interest rate. Mortgage lenders in the UK typically use a loan-to-income ratio and affordability assessments to determine how much a lender can lend you.
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.
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.
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.