Offering support to our clients when it comes to their finances is of the utmost important to us. We want to make sure our clients are in the best possible financial situation they can be when moving home and receive bespoke advice, tailored to their individual needs.
A financial review can be done either via a face to face meeting or a call/video call if preferred. The initial meeting will be to understand your goals and objectives. The adviser will discuss your current financial position and will need details such as your income, liabilities and credit profile allowing them to make the most suitable mortgage recommendations for you.
We will use our experience and knowledge to ensure we recommend the most suitable mortgage product for you, taking into account rates, costs and criteria. You will receive your mortgage options by email and thereafter a call or meeting will be arranged to run through the options in further detail to ensure you fully understand all the loan terms. We will discuss next steps with you and provide you with a list of documents in preparation for when you find your dream home.
Our aim is to be simple, fast and efficient in order to make the process as easy as possible for you. At this stage we review the market again to ensure we offer you the best advice. We will then gather the required documents and information in order to proceed with the full application. At this stage, we will also provide you with a decision in principle which is certificate proving you meet the lenders credit scoring and affordability assessment. We will send across all your documentation (such as bank statements and proof of income) to the chosen lender so they can start to review the case. Please be aware, some lenders may ask for additional documentation further down the line and this completely normal.
Whilst the underwriters look at your application, the lender will instruct a local surveyor who will visit the property and ensure the property is essentially worth what you are paying for it, along with checking it is suitable security for lending purposes. The mortgage valuation is a limited report intended for the lenders purposes only. Should you require a more detailed assessment, you may wish to consider either a Home Buyer’s Report or Building survey to be carried out. We can help you decide which type of suvey would be best for you.
Once the case has been underwritten, the valuation approved, your mortgage offer will be generated. Your solicitor will receive a copy of your mortgage offer and once the conveyancing has been finalised, you can then look to agree on exchange and completion dates.
We understand that obtaining a mortgage is a huge financial commitment. We can provide you with a protection package to prepare you for any unexpected circumstances that may arise. We want to offer you the peace of mind and financial security to allow you to make an informed decision when planning your future.