Burger Menu

Moving Home Mortgage Advice in Hull

Get Your Free Consultation 7 Days a Week

01482 772986

We Take the Stress Away From Moving Home in Hull!

Mortgage Broker in Hull

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.

 

Open & Honest Mortgage Advisor in Hull

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 provide a free initial mortgage consultation, so if you are wanting Moving Home Mortgage Advice in Hull, don’t hesitate to get in touch and claim this amazing offer.

 

We can search 1000s of mortgage products, to find you the best deal for your individual circumstances.

 

How does it work?Get a quote nowMeet your advisor

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

Mortgage Lenders 001
Mortgage Lenders 002
Mortgage Lenders 003
Mortgage Lenders 004
Mortgage Lenders 005
Mortgage Lenders 006

Moving Home Common Scenarios

  • Are you interested in moving home within the next few months and are wanting an idea of how much you can borrow?
  • Are you wondering how much your new mortgage will cost?
  • Do you think you have found that perfect new home and want to make your first offer?
  • Has your offer been accepted, and you want to begin your mortgage application?
  • Are you currently viewing new houses and want to get a mortgage agreement in principle to back up any of your offers you make?
  • Are you thinking about renting your existing home to purchase a new one?
  • Have you been told that you are unable to borrow enough from your existing lender?
  • Have you got a different situation and need helpful mortgage advice from a friendly mortgage advice team?

 

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.

 

Moving Home Hurdles

  • Type of property being purchased
  • Your income structure and employment type i.e. Self Employed in Hull
  • Buying off or with a family member
  • Buying undervalue
  • Bank declined or won’t lend enough
  • Buying off your landlord
  • Something else…

 

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.

We Work Solely For You

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. Getting Mortgage Advice in Hull could be just what you need to get over that mortgage application finish line!

 

As Part of our Home-Movers Mortgage Review, We can Look at:

  • Working out your monthly budget based on your property price
  • Producing a mortgage agreement in principle so that you can back up any offers you make with the estate agent
  • Completing your mortgage application through to getting you a mortgage offer
  • Explaining the different types of property surveys that are available to you
  • Recommending a local competitively priced Solicitor with high service standards (if required)
  • Running through your mortgage offer(s) to ensure that all your details are correct
  • Also recommending any associated insurances with your new mortgage (if required)

 

Contact us to book your free moving home mortgage consultation.

What our customers say

Common mortgage
questions

Our free initial mortgage consultation will last roughly one hour. Lucky for you, as an experienced Mortgage Broker in Hull, we can turn around an Agreement in Principle within 24 hours. All we need is a quick phone call to gather the necessary information. A formal mortgage offer takes about three to four weeks on average.

If you’re an employee, you will usually have to supply three payslips and the latest P60 to prove your income. If you are Self Employed in Leeds, it is typically the latest two years’ tax calculations and correspondings overviews. You will also need to provide proof of ID (Driving license or Passport). Proof of Address (Utility bills, tax bills or credit card statements) and three months’ bank statement. You are proving the deposit built up with an explanation for any significant credits.

The good news is it may be possible to get a mortgage if you are self-employed in Hull. To qualify, you need to submit at least one year’s of accounts, the likelihood may increase your chance of obtaining a mortgage. Most lenders take a look at your salary plus dividend to calculate the maximum mortgage amount. Others may go off your net profit. It all depends on the lender.

The good news is that you may find it a bit more challenging to obtain a mortgage despite having previous credit issues on your record. But it doesn’t mean it’s impossible, and you may still be able to get one! It just means that some Lenders may ask for a slightly higher deposit of around 10-15%.

Most high street mortgage lenders will usually ask for a minimum of a 5% deposit. This percentage may be higher depending on your previous circumstances, e.g. if you’ve had any past credit issues.

The good news is it is possible to have two mortgages in Hull running simultaneously, as long as you can afford to repay the monthly instalments on each of them. If you’re looking to accomplish something like debt consolidation or home improvements, you may be able to place a second mortgage on your home.

An Agreement in Principle typically lasts for 30-90 days. However, this timeframe is up to the Lender. If your Agreement in Principle expires, worry not; you can renew it by getting back in touch with your Mortgage Advisor in Hull.

As a Mortgage Broker in Hull, we recommend that you obtain an Agreement in Principle (AIP) as soon as you can, preferably before you start viewing properties. Having an Agreement in Principle in place when you are viewing houses could potentially allow you to negotiate prices.

Our mortgage process consists of multiple different steps. The first step is to get in touch, and one of our trusted mortgage advisors in Hull will carry out a Fact Find to get a bigger picture of your mortgage situation.

Secondly, you’ll undergo your free mortgage consultation, and your assigned dedicated Mortgage Advisor in Hull will begin searching for mortgage deals that match your circumstances. If they find you an offer that you are happy to proceed with, we can get the ball rolling with your mortgage application.

Next, they will perform a credit check on you to obtain an agreement in principle. Some evidential documents will be required from you to help back up your mortgage application.

Lastly, they will submit your mortgage application and wait for a formal mortgage offer to be issued.

Your free initial mortgage consultation with your dedicated Mortgage Advisor in Hull will last around an hour. During this consultation, we will get to learn a bit more about your mortgage needs and what you are looking for. Once we know more about your personal and financial situation, we will start looking for mortgage deals that will match you perfectly.

Previous

Next

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.

Handy quick links

Hullmoneyman.com & Hullmoneyman 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 Hullmoneyman

Hullmoneyman, 410 Wincolmlee, Hull, HU2 0QL.

Moneyman Logo







Moneyman Logo




Moneyman Logo







Moneyman Logo

Book your Free Consultation

7 Days 8am - 10pm

Moneyman Logo

Moneyman Logo

Moneyman Logo

Ask Your Question





    Moneyman Logo