Welcome to our page for mortgage advice in Swansea. We are a mortgage broker in Cardiff with over 20 years of experience in providing mortgage advice and helping customers achieve their home owning dreams.
It’s our job to offer support and guidance throughout your entire mortgage process. Your dedicated mortgage advisor will support you from start to finish, keeping you in the loop 100% of the time.
We like to encourage our customers to ask questions any time they aren’t sure of something, in order to make sure they’re secure and comfortable no matter where they are in their mortgage process.
We often find that customers can face “mortgage hurdles”, especially if they are a first-time buyer in Cardiff. By getting in touch with an experienced and professional mortgage advisor in Swansea, you may find yourself eased of stress.
Give us a call today and we will book you in for a mortgage consultation.
Thanks to our 20 plus years of experience and industry knowledge as a mortgage broker in Swansea, there is rarely a situation we don’t have an answer for. Our team of mortgage advisors love a good challenge, no matter how big or small it may be!
Here are some of the most common mortgage scenarios that we have encountered when speaking to customers as a mortgage broker in Swansea:
Here are some of the most common mortgage scenarios that we have encountered when speaking to customers as a mortgage broker in Bridgend:
Your personal circumstance may not be listed above but worry not, we may still have come across it before. With this in mind, it is still worth getting in touch to see if we are able to help you out.
It is quite common for people who are first-time buyers to seek the aid of a mortgage broker in Swansea, as without any experience under their belt, they may not know what to do.
That being said, even if you’ve done this before and are moving home or taking out a Remortgage, you may find going to a mortgage broker very beneficial. We are experts at saving both time and money, dedicated to finding you the most appropriate mortgage deal for your personal situation.
We’ll put in the work on your behalf! Using our in-depth knowledge of lender criteria, we will be able to compare your needs with thousands of different mortgage products, doing our best to find one with a competitive rate and that is most ideal for your financial circumstances.
If you are looking at the possibility of remortgaging, we are also able to discuss this with you. You have a variety of options, including capital raising for home improvements or paying off existing credit cards and loans.
By getting in touch with a mortgage advisor in Swansea, you could end up with a much better deal; we use our expertise to find one that benefits you!
We work around you and your commitments, booking you in for whatever time suits you the best. There is always someone available to answer your mortgage questions between the hours of 8am and 10pm, 7 days a week.
Our journey together is strictly confidential, protecting your details, ensuring you are comfortable and secure every step of the way!
We are very proud of the level of customer service we provide, doing what we can to make sure our customers are in safe hands from initial contact. Our genuine customer reviews are proof of our dedication, please feel free to give them a read!
Taking advantage of our free mortgage consultation will be incredibly beneficial to you; we look forward to you getting in touch!
Customer service is at the heart of everything we do, and we are incredibly proud of the work we put in to ensure you are happy with the process. Whether you are dealing with a mortgage advisor or a mortgage administrator, our amazing team are here morning until late 7 days a week, to ensure you receive the support necessary for your mortgage needs. We love being quick and responsive when you get in touch with us!
We actively post updates on our company Facebook and Twitter pages, sharing news and mortgage tips from our website on a regular basis. It is always worth checking up to see if there is something that may be able to help you or shed some clarity. We have quick fingered people monitoring messages daily, ready to respond to any direct message enquiries you send our way.
When it comes to the remortgage process, you do not need to be as stressed as you were the first time. Remember, you already own the property now so you can avoid the property chain and cut straight to the point. We will do what we can to ensure that this time around things go as quickly and as smoothly as they possibly can.
We are here from morning until late, 7 days a week, to ensure you receive all the help and support you need throughout the mortgage process.
It is our aim to make you feel relaxed, be open and honest and take away any stress that may arise throughout your journey.
Please take a look at our genuine customer reviews. It is our goal to offer the best Mortgage Advice service possible.
Your free initial mortgage consultation will last around 30-60 minutes. During your consultation, you will get to speak with your dedicated Mortgage Advisor in Cardiff. Their job will be to get a better understanding of your mortgage needs and situation so that they can search for the perfect mortgage deal for your personal and financial situation.
Typically, most High Street Lenders will require a 5% deposit from you. However, depending on your credit history, your lender may ask for 10%-15%.
It can still be possible to get a mortgage, even with bad credit problems in the past. Even though it may be a little harder, it isn’t impossible!
You may have to put down a higher deposit if you have bad credit, this could be 10%-15%.
Your first job is to carry out our mortgage Fact Find so that we can get an idea of your mortgage needs and what sort of deals you want to be looking for.
Afterwards, we will book you in with a Mortgage Advisor in Cardiff who will get a couple more pieces of information from you.
Then we can arrrange an Agreement in Principle for you within 24-hours to increase the chances of the seller accepting your offer.
If you’ve found yoru dream home, and are happy with our mortgage recommendation, we can start the mortgage application process! A formal mortgage offer can take longer than 3 weeks, during which, we will keep you informed with the progress of your application.
As a Mortgage Broker in Cardiff, we recommend that our applicants obtain an Agreement in Principle (AIP) as soon as possible. Having an AIP whilst you’re viewing properties can increase your chances of being accepted by the seller. It may also allow an opportunity for price negotiation.
Once you have an Agreement in Principle (AIP) in place, it should last between 30-90 days. If your AIP expires, you can easily renew it by getting back in touch with your Mortgage Advisor in Cardiff.
First of all, your free mortgage consultation should last around 30-60 minutes. Once this is complete, your Mortgage Advisor in Cardiff will obtain an Agreement in Principle for you within 24-hours. Then, if you are happy to proceed with the deal that your advisor has recommended, we can submit your mortgage application. A formal mortgage offer can take on average around 3 weeks to return.
During your mortgage application, you’ll be asked to provide evidencing documents:
– Latest 3 Payslips (Employed), Last 2 years’ Accounts (Self-Employed)
– Latest 3 Months’ Bank Statements
– Latest P60
– Photographic ID
During your mortgage application in Cardiff, if you’re Self-Employed, you’ll need to submit at least one year’s accounts. As a Mortgage Broker in Cardiff, we’ve found that most lenders use your salary plus dividend to calculate the maximum mortgage amount that you can borrow. Although, some lenders may choose to go off your net profit.
Depending on why you want to get a second mortgage, it may be easier to get one than not.
There are various reasons why someone may want a second mortgage, for example:
– Buy to Let
– Debt Consolidation
– Home Improvements
– Second Home
– Marital / Relationship Breakdown
The same fees that were involved with your first mortgage purchase will be similar to those when you Remortgage. Your Remortgage Advisor in Cardiff will run through all of the costs and fees so that you know exactly what you are paying for.
Your free Remortgage consultation will last around 30-60 minutes. During your consultation, your dedicated Remortgage Advisor in Cardiff will learn a little more about your Remortgage needs and situation. With this information, they can then go and search for the perfect deal for you.
We will always be open and honest with you; if we can’t find you a better product, we will be transparent with you and tell you so.
Yes, you can consolidate your debts into your mortgage, but you should only do so if it’s absolutely necessary.
If you have built up any unsecured debts, you can remortgage and increase the size of your mortgage to incorporate the debt. There are downsides to debt consolidation though, so sometimes it may be beneficial to speak to a professional Mortgage Advisor in Cardiff.
You should always keep on top of when it’s time for you to Remortgage. When you come to the end of your mortgage term, you will slip onto your lender’s standard variable rate of interest (SVR). A lenders SVR is not going to be their best rate, so before you end up on their SVR, you should search for Remortgage / product transfer deals.
More often than not, assuming that mortgage payments have been kept up-to-date, people are able to access a better mortgage rate and don’t even know it. All you need to do is shop around or appraoch a Mortgage Broker in Cardiff like us.
Whether you’re a current or aspiring landlord, you’re usually going to need 20%-40% of the property value for a Buy to Let in Cardiff. Typically, it’s around the 25% mark.
It’s likely that you’ll be given a council discount on your Right to Buy; as a Mortgage Broker in Cardiff, we’ve found that most lenders will use this as your deposit.
However, we’ve also seen that some lenders will still require a deposit for your Right to Buy mortgage on top of the discount. If you’ve had a poor credit history, lenders are likely to use this approach.
For a Help to Buy mortgage in Cardiff, you are going to need a minimum of a 5% deposit. The Government will top-up your deposit to make up 25%.
This loan from the Government will need to be paid off eventually. For the first 5 years, the loan will be interest-free, if you don’t manage to pay it off within this time, the remaining loan amount will rise with an interest base rate of 1.75%.