Welcome to moving house mortgage advice page from your friendly Mortgage Broker in Hull. Here at Hullmoneyman, we have many years of valuable experience within the mortgage industry and we can’t wait to help answer your questions.
We invest our time in making sure you receive the best customer service, trying to ensure you come out with a smile on your face. You can find out more about our fabulous customer service here.
If you are considering moving home, you should get in touch with our fantastic Mortgage Advisors in Hull as they are always happy to help. We also offer a free initial mortgage consolidation from our superb Mortgage Advisors in Hull; you can find out more here.
We can search 1000s of mortgage products, to find you the best deal for your individual circumstances.
Don’t worry if your situation isn’t listed above as we always deal with new challenges which our fantastic team of advisors always try to get by.
If this happens to be the case, it is important that you don’t keep trying loads of different lenders without being 100% sure of their strict lending criteria. This could have a negative impact on your credit score and may lower your chances of getting a mortgage altogether.
With the years of valued experience within a local mortgage environment, we aim to deliver that amazing service with every customer. With the use of our in-depth mortgage knowledge, we can try our best to give your mortgage application to the most suitable mortgage lender based on your personal situation.
Unlike a lot of other mortgage brokers, we are not tied to estate agents, so our priority is to solely work for you. We always aspire to deliver that perfect customer experience for everyone who works with us at Hullmoneyman. Even if you consider your situation to be complicated, still contact us as we love a good challenge and our advisors always try to get over any hurdle.
Contact us to book your free moving home mortgage consultation.
Your free mortgage consultation in Hull will last around one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.
As your mortgage broker in Hull, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. 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.
To avoid possible disappointment, we recommend you obtain an agreement in principle before you begin viewing properties in Hull. At the very latest you should obtain one prior to making an offer to assist your bargaining position.
An agreement in principle typically lasts for between 30 and 90 days depending on the lender used. If your agreement in principle expires it can always be refreshed.
There may be a chance to obtain a second mortgage on your home for things like debt consolidation or Home Improvements. There may also be a possibility for you to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
The minimum deposit when purchasing a house in Hull with high street lenders is typically 5%. This can be higher if you have had previous credit problems.
If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.
Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.
It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for self employed applicants. You will also need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.
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.
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.
