Mortgage Advice in Exeter

If you’re a first time buyer in Exeter, you might be wondering about the steps you need to take. Speaking with an experienced mortgage advisor in Exeter could greatly benefit you.

They can guide and support you throughout the process, making it less stressful and easier to understand without all the industry jargon.

Your mortgage advisor in Exeter will provide you with an approximate maximum borrowing amount and help you obtain a mortgage agreement in principle.

This can typically be done within 24 hours of your initial appointment and is a valuable tool for making property offers.

Moving home can be a stressful experience, especially when dealing with a mortgage. If you’re in Exeter and planning to move home, don’t fret – our reliable mortgage brokers are here to help.

We can guide you through the mortgage process and make sure it’s as smooth and stress-free as possible.

Our goal is to get your mortgage sorted quickly, so you can focus on packing up and settling into your new home.

As you approach the end of your initial fixed period, it’s important to start thinking about your next steps.

Our team of qualified experts provide excellent remortgage advice in Exeter, analysing your situation and guiding you towards the best course of action.

At UK Moneyman, we have helped countless customers remortgage for various reasons, such as releasing equity for home improvements, accessing better rates, or consolidating debts.

No matter your scenario, our experienced team is here to help you. So get in touch today and we’ll see how we can help.

Our mortgage advisors in Exeter are knowledgeable and transparent when it comes to buy to let mortgages.

We keep ourselves updated on the latest buy to let lending criteria and foster strong relationships with both new and experienced landlords.

Many of our clients return to us when they need assistance with purchasing a new rental property or remortgaging an existing one.

We can also help those who want to rent out their current property to generate income for a new home purchase.

This is known as let to buy, and we are well-versed in providing advice for this type of scenario.

If you are considering purchasing a property, it may be worth exploring the government’s Help to Buy Scheme.

Our guides or the government’s OwnYourHome website can provide you with more information on the different schemes available.

If you are self employed and looking to apply for a mortgage, you might think that the process is more challenging than it is for those who are employed full-time.

Our expert mortgage advisors in Exeter has extensive experience helping customers obtain a self employed mortgage and is well-versed in the relevant criteria.

To qualify as a self employed applicant, you must own more than 20-25% of your company.

Additionally, you must have been self employed for a minimum of two years, during which time mortgage lenders will typically review your income.

Our team can guide you through the process and help you demonstrate your financial stability to mortgage lenders.

If you are a tenant renting a property from a local authority such as a council or housing association, you may be eligible for the government’s Right to Buy Scheme.

This scheme is designed to assist first time buyers in Exeter in purchasing the home they already live in.

The discounted purchase price you will be offered depends on the length of time you have resided in the property and its current value.

Generally, applicants won’t need to provide a deposit, although there may be exceptions. It is always helpful to have savings just in case.