Why Use a Mortgage Broker in Hull?

Taking the stress away

Home movers and First Time Buyers in Hull use a Mortgage Broker (Mortgage Advisor) to help the process of buying a home go as smoothly as possible. Buying a home can be a very stressful experience and our customers like to know they have got someone on their side, on hand to answer all their questions and queries. 

A Mortgage Advisor will ensure you obtain the the cheapest mortgage to suit your needs. We take full responsibility for the recommending the most suitable mortgage for you and package your application to the Lender in such a way to give it the best chance of success. The same applies when you come to remortgage too, we like to know our customers are on the cheapest deal for the entire term of the mortgage.  

When to get Mortgage Advice in Hull?

We think talking to a Mortgage Advisor in Hull early on in the process is a good idea. We can help you work out what you can afford to pay and also how much the different Lenders will let you borrow. You would be surprised by the vast differences between Mortgage Lenders when it comes to the maximum mortgage available. Knowing what you can afford well in advance of making an application helps you avoid disappointment. 

Communication also plays a large part. We like to keep our customers informed about the progress of their application by email so you know things are moving forward. It’s good to know that we are also at the end of the phone when you need us or if something goes wrong during the process.  

No Ties to Estate Agents, Banks or Building Societies

Mortgage Brokers work for the customer not the Lender. This is important to note because we are in your corner, sometimes having to argue the strengths of an application to ensure it goes through. We know our customers financial situation inside out and by requesting and checking your proof of income and bank statements well in advance of a Lender seeing them, we look to carefully avoid any potential hurdles before we hit then. 

We can also help you choose the right type of survey for your transaction and instruct a Solicitor on your behalf to carry out the legal aspects of your transaction. We are experts in completing application forms on behalf of our clients, again to ensure accuracy and giving your application the best chance of completion.  

Building Customer Relationships

Finally, a great Mortgage Advisor will love to build up an ongoing relationship with a client. This often starts with an affordability assessment and Agreement in Principle prior to even finding a house. Even after the purchase is complete we keep in regular contact via email and re-engage by phone in the six months running up to the initial mortgage product coming to its end. We then compare the market on your behalf once again to obtain the best remortgage deal available.