Mortgage Advice in Luton

If you’re a first time buyer in Luton and unsure of the steps you need to take, seeking advice from an expert mortgage advisor in Luton would be highly advantageous.

They can offer guidance and support to ease your stress and cut through the industry jargon.

Your mortgage advisor in Luton can also give you an idea of the maximum amount you can borrow and assist you in obtaining a mortgage agreement in principle.

This typically takes around 24 hours after your initial appointment and can be incredibly useful when making offers on properties.

Moving home in Luton can be a stressful experience, particularly when a mortgage is involved.

Having a trusted mortgage broker in Luton can make the process much smoother for homeowners looking to move house.

Our team at UK Moneyman will work tirelessly to get your mortgage application processed as quickly as possible, alleviating some of the stress that comes with finding and financing a new home.

As you approach the end of your initial fixed period, it’s wise to start considering your options for what to do next.

Our team of qualified mortgage advisors in Luton can provide you with expert remortgage advice in Luton, taking into account your unique situation and helping you make informed decisions for your future.

At UK Moneyman, we understand that homeowners choose to remortgage for various reasons, including releasing equity for home improvements, accessing better rates, or consolidating debts.

Our team is experienced in all remortgage scenarios, so don’t hesitate to get in touch and see how we can help you.

Our team of mortgage advisors in Luton are knowledgeable in handling buy to let mortgages and are committed to being transparent and straightforward with our clients.

We stay up-to-date with the latest buy to let lending criteria and build relationships with both new and seasoned landlords.

We often work with repeat clients who have new properties requiring mortgages or existing ones needing remortgaging.

Additionally, we can assist those who wish to let out their current property to raise funds for purchasing a new home, also known as let to buy.

If you’re considering purchasing a property, you may find it beneficial to explore the government’s Help to Buy Scheme.

There are various schemes available, and we recommend checking out our guides or visiting the government’s OwnYourHome website to learn more.

If you’re a self employed individual seeking a mortgage, you may find it more challenging than those who are regularly employed.

Our mortgage advisors in Luton have extensive experience in assisting customers with self employed mortgages in Luton and have in-depth knowledge of the criteria involved in obtaining one.

Self employed mortgage applicants typically include individuals who own more than 20-25% of their company.

To be eligible for a self employed mortgage, you must have been self employed for a minimum of two years. Mortgage lenders usually evaluate your income based on this period of time.

If you’re currently renting your home from a local council or housing association, you could be eligible for the government’s Right to Buy Scheme.

This scheme is designed to help first-time buyers purchase the property they are currently living in.

The amount of discount you could receive on the purchase price will depend on the length of time you have been residing in the property and its current market value.

Generally, this means you won’t have to put down a deposit, but it’s always wise to have savings in case you need them.