Mortgage Broker in Barnet

As a first time buyer in Barnet, it can feel overwhelming trying to navigate the complex world of mortgages. This is where a knowledgeable mortgage broker in Barnet like us can offer our assistance. We can take the stress away from the whole mortgage process so that you can relax whilst we find you the best deal for your circumstances.

Your mortgage broker in Barnet will be able to calculate the maximum amount you could borrow for a mortgage and assist you in obtaining a mortgage agreement in principle (AIP), often within 24 hours of your initial consultation. This can be a valuable tool when making offers on properties.

When you decide to move home in Barnet, you have to remember that you also need to make arrangements for your current mortgage before you can take one out on your new home. This is the part of the process that we can sort for you whilst you focus on the actual moving part!

In some cases, you may be able to port your current mortgage to your new home. This is all down to your mortgage lender and your product details. Sometimes, it may not be possible to port your mortgage or it may not be financially viable.

During your free home movers review in Barnet, we will take a look at your current situation and assess whether it is possible or not to port your mortgage if this is something that you want to achieve. If this is not an option, we can start searching through 1oo0s of mortgages on your behalf for you and your new property, trying to find you a product that saves you money.

You should begin exploring your remortgage options before your current product approaches the end of its term. If you fail to remortgage before your current term comes to its end, you will fall onto your lender’s standard variable rate of interest. This rate is likely to be higher than your current rate, hence increasing your monthly repayments.

Ideally, you want to avoid this to make sure that you are on the best rate available to you. You can do this by booking a free remortgage review with one of our mortgage advisors. During this meeting, we can take a look at your current mortgage product and look at whether you can access a better rate through the means of a remortgage or product transfer. If you can access a better rate, we will make sure that you are aware of this, however, if you are unable to access a better rate, we will be open and honest with you and suggest that you remain on the same rate.

Our mortgage advisors in Barnet will be more than happy to explore other remortgage options with you during your free remortgage review. If you are looking to remortgage for home improvements, release equity or consolidate debt into your mortgage, this is something that we can look at with you.

Don’t delay in considering your remortgage in Barnet. Contact our expert mortgage advisors in Barnet today and let us assist you with your remortgage needs.

As a mortgage broker in Barnet, our transparent and trustworthy mortgage advisors are highly experienced in dealing with buy to let mortgages. We ensure that we are up to date with the latest lending criteria for buy to let properties to make sure that we can deliver the most appropriate recommendations for your personal and financial situation.

Many buy to let landlords return to us for our services, whether they require a mortgage for a new rental property or a remortgage for an existing one. We love developing these kinds of relationships with both new and budding landlords in Barnet!

If you’re considering investing in a property, seeking assistance from the government Help to Buy Scheme could greatly benefit you.

There are many different kinds of schemes available, and some of them will be beneficial to you, whereas others may not. For example, a popular scheme includes the Shared Ownership scheme which allows buyers to purchase a share of a property and pay rent on the remaining portion. This can make homeownership more accessible, especially for first time buyers.

For further information on the different help to buy schemes available, refer to our guides or visit the OwnYourHome website, provided by the government.

As a mortgage broker in Barnet, we understand that self employment can often make it more challenging to secure a mortgage compared to those who are employed. Our team has extensive experience in assisting self employed individuals with their mortgage needs and is well-versed in the criteria for self employed mortgages.

If you are a business owner with a share of more than 20-25% in your company, you will be classified as a self employed applicant. To qualify for a mortgage, you must have been self employed for a minimum of two years. Lenders typically assess your income based on this time frame.

If you are looking for a mortgage over the age of 50, there are a variety of options available to you. If you are unsure of whether or not you can get a mortgage at your age, it is always best to give us a call and we can give you a summary of what you may be able to access.

We have a later-life mortgage team that is here to answer all of your questions and guide you through your process. To speak to our team and run through your options, you can either book a free mortgage appointment online or give us a call.