Mortgage Advice in St. Ives

If you’re a first time buyer in St. Ives and wondering what steps to take, speaking with an expert mortgage advisor in St. Ives could be very beneficial.

They can guide and support you, and help to reduce your stress by cutting through industry jargon.

Your mortgage advisor in St. Ives can provide you with an estimate of the maximum amount you could borrow and help you obtain a mortgage agreement in principle.

Typically, you can get it within 24 hours of your initial appointment. This is an incredibly useful tool for making offers on properties!

Moving home in St. Ives can be a stressful experience, particularly when you need to factor in your mortgage.

For homeowners who wish to move house, having a trusted mortgage broker in St. Ives can significantly reduce stress levels.

Our aim is to quickly get your mortgage process sorted, leaving you with one less thing to worry about as you pack up and find your new home.

As you approach the final stages of your initial fixed mortgage period, it’s wise to consider your options for the future.

Our team of qualified experts at UK Moneyman provides customers with expert remortgage advice in St. Ives, carefully assessing your individual circumstances and helping you make informed decisions about your next steps.

We often find that homeowners choose to remortgage in order to release equity for home improvements, access better rates, or consolidate debts.

Whatever your reason, our team has extensive experience in all remortgage scenarios and can help guide you through the process.

Contact us today to see how we can help you.

Our team of mortgage advisors in St. Ives are transparent and truthful and have vast experience in handling buy to let mortgages.

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

We have found that many of our landlord clients return to us for our services, whether it be for a new property mortgage or a remortgage on an existing property.

We’re also able to help those who wish to let out their current property to generate funds to purchase a new home, which is commonly known as let to buy.

If you’re considering buying a property, it could be advantageous to take advantage of the government’s Help to Buy Scheme.

To find out more about the different schemes available, you can check out our guides or visit the government’s OwnYourHome website.

If you’re self employed and looking to apply for a mortgage, you may feel that the process is more challenging compared to those in regular employment.

Fortunately, our expert mortgage advice team in St. Ives has a wealth of experience in assisting customers with self employed mortgages and are well-versed in the criteria for such mortgages.

If you own more than 20-25% of your company, you will be considered as a self employed applicant.

Typically, to qualify for a self employed mortgage, you will need to have been self employed for at least two years.

Mortgage lenders will usually assess your income over that period of time.

If you are renting your home from a local authority, such as a local 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 purchasing the home they already reside in.

Your eligibility for the scheme will depend on factors such as how long you have lived in the property and its current market value.

If you qualify, you will be able to purchase the property at a discounted price, which may eliminate the need for a deposit.

That said, it is always advisable to have some savings set aside just in case.