What to do next
We provide expert mortgage advice
Could you get a mortgage on your own? Probably but why would you want to. We’ll compare over 15000 mortgage rates to save you time, hassle and money. We even get deals your own bank may not offer you. With our expert mortgage brokers you can be assured of getting the right mortgage rates for you.
What to expect
What happens during my first mortgage appointment.
At you first meeting your advisor will ask you about your personal circumstances and expectations. We'll want to know what sort of property you’d like to buy and how much you can afford to spend on one. They’ll take you through a budget planner to look at what you earn and what you spend, what deposit you have and your credit history. Using all of this information, they’ll find the best deal based on your individual needs. You’ll leave with a decision in principle – this is basically an assessment of what a lender is prepared to give you – so that you and any sellers know exactly how much you can spend on a property.
How you benefit using a mortgage advisor
Why use a mortgage advisor is a common question we hear a lot. One of the many benefits of using an advisor is that they save you time and money since they are familiar with the market and can help you find the right mortgage.
Why use GHL Direct
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What questions should a ask your advisor
Some questions to ask when during your first mortgage appointment. We cover booking mortgage appointments to broker fees and everything in between.
Be prepared to explain your situation and where you are in the house buying process when you first speak with a mortgage advisor. If you are just getting started, you may only want to determine how much money you might be able to borrow. Perhaps the offer on a house you want to buy has been accepted, and you would like to have the mortgage arranged as soon as possible. They will want to know the value of the property your buying, any debts, your income, employment details and deposit amount.
It will be handy to have your last three payslips, P60 & the last three months bank statements. You will also need to show proof of any bonuses or commission you might have received. If you’re self-employed, you will need to bring the last 2 to 3 years of signed accounts or tax returns, and your Self Assessment tax return. You’ll also need to verify your identity and address. To do this you’ll need a valid photo ID, such as a passport or photocard driving licence, a council tax statement, current bank statements, credit/debit card statements or other utility bills from the last 3 months.
An Agreement in Principle is a simple way to find out if you can borrow the amount you need to buy or remortgage a house or flat, without a full credit check. You’re not committing to anything and you’re not tied to a particular type of deal if you decide to apply for a mortgage with that mortgage lender. Just remember that an AIP isn’t a guarantee that you’ll get a mortgage offer, its simply an indication..
To put it bluntly, the best mortgage for you is one that you can afford. There are many types of mortgages for buy to let buyers, different mortgage repayment options and 1000s of mortgage rates on the market. Your mortgage advisor will be able to source your mortgage based on estimated rental income, deposit and loan to value to find the the right mortgage offer for you.
An initial meeting with a GHL Direct mortgage advisor to discuss your buy to let mortgage will usually be under 30 minutes. That said, it can last up to one hour depending on the complexity of your circumstances. At this point we’ll try to keep it brief.
Your initial meeting with a GHL Direct adviser to discuss your requirements is at our advisers own expense and always without obligation. Some mortgage advisors charge nothing, others charge according to the complexity of each individual case. Some mortgage advisers will charge an up-front flat fee while others will take commission from the bank or lender providing the loan. Your mortgage advisor will outline all this to you at the start of the meeting.
Our mortgage advisors are not restricted to any particular providers and will act solely in your best interests. We have access to over 15,000 mortgages from 53 of the UKs top mortgage lenders, we can even offer you deals your own bank may not. You should be confident the deal they recommend will be the best available mortgage for your circumstances. You also get to speak to us anytime of the day whereas your bank may only operate during business hours.
We really hope this isn’t the case but if you really don’t like our company or our advice its absolutely no problem at all. Your under no obligation to take our advice or in fact any mortgage advisors advice and this call is completely free to you
Once we have identified the options available, we’ll meet or chat with you again to discuss our recommendations over the phone. We’ll also write to you so you can review what we have suggested, and why. Assuming you’re happy with our recommendations, we’ll work with you to complete the application forms and liaise with your solicitor, valuers and surveyors on your behalf. We can also talk you through the vital areas involved in financially protecting your new property and we’ll stay in touch throughout the process – and into the future.
Buying a property isn’t just about the right mortgage; it also involves solicitors, surveys and insurance. Your financial advisor can help you will all of this and will talk you through the options at a later stage. One advisor, multiple solutions. We aim to keep it all stress free for you.
Your home or property may be repossessed if you do not keep up repayments on your mortgage. Some buy to let mortgages are not regulated by the Financial Conduct Authority.