How much can you borrow?
Professional Mortgage Service
Lenders have radically changed their guidelines on how they decide:
- Who they will lend to
- Which properties they will lend on
- How much they will lend you
Most lenders do not use income multipliers as a lending guideline. The most commonly used method to calculate how much they will lend is by using an income and expenditure formula.
Our experience of dealing with many different property purchase transactions enables us to understand which lenders criteria will suit your financial and personal circumstances.
Your dedicated Mortgage and Protection Adviser will conduct a detailed income and expenditure review to help calculate exactly how much you can comfortably afford to borrow and fully explain all the different costs involved.
During the appointment we will also outline the home buying process including the legal procedure and the various options regarding the different survey types available.
Together we can then approach the lender which suits your circumstances and provide a decision in principal to enable you to search for property with confidence!
Mortgage Home Buying Service
When you have identified your ideal property our Mortgage and Protection Adviser can submit your offer and negotiate your sale. We will then complete and submit all the necessary paperwork to the chosen lender, instruct your legal advisors and assist / support you to progress your sale, keeping you informed throughout the process.
The Benefits of Openwork
We are affiliated with Openwork, one of the largest networks of financial services businesses in the UK, giving us access to some exclusive mortgage products not available directly with the lender or with other brokers.
Contact us today to book your mortgage consultation.