Mortgage Advice in Truro

If you are a first time buyer in Truro and are considering your next steps, seeking guidance from an expert mortgage advisor in Truro could prove to be invaluable.

They will provide you with support and advice, helping to reduce your stress and decipher any industry jargon.

Your mortgage advisor in Truro will be able to provide you with an estimated maximum amount you could borrow and help you in obtaining a mortgage agreement in principle, usually within 24 hours of your initial appointment.

This is an incredibly useful tool when making offers on properties!

Some people claim that moving home in Truro can be a stressful event, particularly when you have a mortgage to consider.

Thankfully, for homeowners looking to move, having a reliable mortgage broker in Truro available can significantly alleviate their stress levels.

Our goal is to speed up the mortgage process, providing you with one less thing to worry about as you prepare to move and find your new home!

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

Our team of expert mortgage advisors in Truro are qualified to provide you with remortgage advice in Truro, taking into account your unique circumstances and helping you make informed decisions about your next steps.

Many customers choose to remortgage to release equity for home improvements, access better interest rates or consolidate their debts.

We have extensive experience in all types of remortgage scenarios, so don’t hesitate to get in touch and see how we can help you.

Our team of mortgage advisors in Truro is open and honest and is well-versed in handling buy to let mortgages.

We keep ourselves up-to-date with the latest buy to let lending criteria and frequently build relationships with both new and experienced landlords.

We have many repeat clients who come back to us for our services, whether they need a mortgage for a new property or a remortgage for an existing one.

We’re also able to assist those who wish to let out their current property to raise funds for purchasing a new home. This is known as let to buy.

If you’re considering purchasing a property, the government’s Help to Buy Scheme could be a useful resource for you.

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

If you’re self employed and looking for a mortgage, it can be more challenging than for those in regular employment.

Our mortgage advice team in Truro has extensive experience helping customers with self employed mortgages and are experts in self employed mortgage criteria.

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

To be eligible for a mortgage, self employed applicants typically need to have been self employed for at least two years, and mortgage lenders will generally review your income over that period.

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

This scheme aims to help first time buyers purchase the home they are already living in.

The discounted property purchase price you will be given depends on how long you have been residing in the property and its value.

In most cases, you won’t be required to put down a deposit, although this may not always be the case. It is always advisable to have savings just in case.