Welcome to Cardiffmoneyman.com, the home of Open & Honest Mortgage Advice in Cardiff. We are a Mortgage Broker in Cardiff that is here to take all of the stress away from the mortgage process. Here’s how our excellent mortgage advice service works:
– Upon your initial enquiry, we will take a few details from you regarding your current mortgage situation and get you booked in for your Free mortgage consultation with a Mortgage Advisor in Cardiff.
– This initial consultation should take between 30-60 minutes to complete.
– Your appointed Mortgage Advisor in Cardiff will search through 1000’s of mortgage deals for you, trying to find the perfect one that matches your personal and financial situation the best.
– You can either choose to move forward with us and secure the deal or go back to doing things on your own. It’s completely up to you!
Over time, we find many of our customers come back to us for additional services. We have a reputation of being honest, upfront, and transparent with our customers and that’s why they come back for Remortgage Advice in Cardiff or further mortgage advice in different areas if needed. We take great pride in being able to not only kickstart new mortgage journeys but progress in existing journeys for home buyers.
As a Mortgage Broker in Cardiff, we deal with specialist mortgage cases all of the time. Our team of Mortgage Advisors work with a vast variety of mortgage lenders that offer brilliant products. Some of these products are specialist and sometimes exclusive to Mortgage Brokers in Cardiff like ourselves.
We work to a time that suits you best. If are more suited to a later hour, no problem, we will have a Mortgage Advisor in Cardiff available to answer your questions.
We will hold your hand through the whole mortgage process so that you feel at ease and comfortable at all times. We love questions too! If you are ever at unease, don’t hesitate to ask your Mortgage Advisor in Cardiff a question, they will be more than happy to help. Our amazing Mortgage Advice service is portrayed in our outstanding customer reviews.
We encounter recurring circumstances with customers that get in touch, which means that we usually have the knowledge to tackle their problems head-on. A common case is that the customer’s bank has turned them away (without not fully explaining why), which can be harmful due to not knowing what to fix in order to go ahead and continue with the mortgage application.
There are many reasons to why this could happen, but the important thing is to not keep applying to different lenders as your credit score could get severely damaged if you keep getting declined. The smartest and safest option is to approach a Mortgage Broker in Cardiff like us and let them find you a deal where you’ll be accepted first time around!
Our dedicated Mortgage Advisors in Cardiff work with a large amount of Mortgage lenders, that work alongside us with a variety of potential mortgage deals on offer. This means we are able to choose from thousands of deals that these lenders put forward. With confidence, we can say that as a Mortgage Broker in Cardiff, we will do everything in our power to find the most ideal mortgage for you and your personal circumstance, working hard and doing the work for you, to put you one step closer to achieving your goal of being a homeowner.
Loyalty is our priority here! As a Mortgage Broker in Cardiff, we are not tied with any particular estate agent, building society or bank. We only do what’s best for you, we will never recommend you a deal that won’t work for you. The customers are at the heart of our company, and that’s why we will go above and beyond for you.
We would recommend getting a head start on the process by getting in touch with a Mortgage Broker in Cardiff. Our friendly team of Mortgage Advisors in Cardiff will be able to assist with things like budget ideas and arranging your Mortgage Agreement in Principle, something we can usually offer within 24-hours of your application. This will help you be prepared for any future offers that you receive and it will put you a few steps in front of anyone who may be interested in the same property that you are looking at.
By heading over to our Mortgage Calculator page, you can use our handy tool that will give you a rough guide on what your monthly repayments will be. It is not a guarantee by any means, but useful nonetheless.
Roughly your initial mortgage consultation will take around an hour. A Mortgage Advisor in Cardiff will then recommend a potential mortgage for you, which you can then choose to take or decline – You have no obligation!
As your dedicated Mortgage Broker in Cardiff, we carry out a Fact Find to clarify what is required for your personal situation before we progress and recommend a potential mortgage. To obtain an Agreement in Principle we then need to conduct a credit check. Once all the relevant documentation has been presented to your advisor, and a valuation of the property has been undertaken, a formal mortgage offer can be issued.
It is advised that you obtain an Agreement in Principle before you begin viewing properties in Cardiff. This helps reduce the risk of disappointment at a later stage. At the very latest you should look at getting one before you are ready to make an offer, as this will help with your bargaining position.
The average time an Agreement in Principle lasts for is between 30 and 90 days depending on the Lender you have gone with. If your Agreement in Principle expires, you can always get it refreshed.
If you are looking at things like debt consolidation or Home Improvements, then you may be able to get a second mortgage. Second mortgages may also be applicable if you are hoping to use it for yourself, a family member, a holiday home, or a Buy to Let mortgage.
When purchasing a house in Cardiff, the deposit required with High Street Lenders is usually 5%. Depending on your past credit history, this could be higher.
You may still be able to get a mortgage with a poor credit history, but this will typically require a higher deposit than usual, sometimes around 15% of the property purchase price.
To obtain a mortgage whilst Self-Employed in Cardiff once you have submitted at least one years’ account. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whilst others may choose to go off your net profit.
For an employee to prove income you are looking at the last 3 payslips and if you’re self-employed you’ll need the last 2 years of accounts. You will also need to provide proof of ID, address, and 3 months’ bank statements.
Generally speaking, our free consultations take around 1 hour. A Mortgage Agreement in Principle can usually be sorted within 24 hours. A formal mortgage offer takes about three weeks on average, depending on the circumstances.