Welcome to our website Manchestermoneyman.com, the home of mortgage advice in Manchester & surrounding areas.
As a fast & friendly Mortgage Broker in Manchester, we have a great deal of collected experience within our team. This means we are able to provide a top level of mortgage advice for almost any individual who approaches us with a situation regarding their mortgage.
Many of our customers return to us from time to time, especially when it comes to services such as Remortgaging. This is because we believe in providing a transparent and upfront process. This motivates each member of our hardworking team to go even further knowing that they are able to go the extra mile and continue our existing journeys with existing customers allowing us to watch their adventure of being a homeowner blossom.
As an open & honest mortgage broker in Manchester that also deals with Specialist cases on a regular basis, we work with a large number of lenders who offer fantastic products available for you. With this in mind, your delegated mortgage advisor in Manchester will try their best to tailor the search to match your individual needs in order to offer you the best possible mortgage deal that you can obtain.
A trusted and dedicated member of our team will be on hand and available from early until late throughout the whole week, including some bank holidays. Ensuring customers are informed on where they are in their mortgage process, meaning they are well looked after and one-step closer to their mortgage dreams.
In our many years as a mortgage broker in Manchester, we’ve spoken to thousands of customers. We often find with the majority we interact with, the bank has turned many of them away, sometimes 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 at hand.
This can be down to a variety of reasons, such as the property value being less than the amount they want to borrow, or the bank’s appointment books being filled – just to name a few.
Our mortgage advisors in Manchester work with a large number of mortgage lenders that approaches us with a variety of deals on offer, meaning we have 1000s of products to choose from just for you. We can confidently say that we will do our best to find the most appropriate deal for your circumstances and do the hard work for you so that you can enjoy knowing you’re one step closer to finishing your mortgage journey and enjoy your new home.
The team here at Manchestermoneyman have an in-depth knowledge of mortgage criteria and we will be more than happy to assist you throughout your mortgage journey from start to finish.
As a trusted mortgage broker in Manchester, we make sure to stay loyal to our customers, straying away from estate agents, building societies or banks so that our team will always have your best interests at heart. You’ll always have a dedicated advisor who aims to do right by you, listening to any concerns or questions that you may have lingering on your mind.
Because we stay by your side throughout the process and beyond, this means that rest-assured you’ll be kept up to date and in the loop. Your assigned mortgage advisor in Manchester will be in touch if anything changes or we need anything important from you to continue with your application.
It’s a great idea to get ahead of the process by getting in touch with a mortgage broker. Our team of trusted advisors will be able to assist you with things such as budget ideas, and arranging your Mortgage Agreement in Principle which we can often offer on the day. This allows you to be ready to support any offers you make which will get you ahead of anyone else who may be thinking of applying for the same property.
If you would like to work out what your monthly repayments may be, you may appreciate our Mortgage Calculator. Although only a rough guide, it is a handy tool for anyone who would like an idea of what they could be paying back for their mortgage.
Boasting an experienced team of trusted advisors and administrators, led by the highly experienced and notable mortgage advising personality, Malcolm Davidson, we are here from 8 AM until 10 PM, 7 days a week to assist you with any of your mortgage questions and offer insightful mortgage advice in Manchester.
Your free initial mortgage consultation in Manchester will last roughly one hour. A dedicated advisor will then recommend a mortgage for you, with no obligation to accept and go forward and proceed with the mortgage in question, if you decide that it is not for you.
As trusted Mortgage Advice professionals in Manchester, we will carry out a Fact Find to establish your personal needs before we go ahead with recommending the most suitable mortgage for your situation. From there you will be credit checked, which is a requirement to obtain an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you can be issued a formal mortgage offer.
We recommend you obtain an Agreement in Principle prior to property viewings in Manchester, in order to avoid potential disappointment. At the very latest we would suggest that you obtain one before you make any offers, to put you in a better bargaining position. As a dedicated Mortgage Broker in Manchester, we are typically able to obtain an agreement in principle within 24 hours.
Generally speaking, an Agreement in Principle will last for between 30 and 90 days, depending on the lender that is used. If your Agreement in Principle expires before you can make use of it, it can be easily refreshed by speaking to your advisor.
If you’re looking to achieve something like debt consolidation or home improvements, you may be able to place a second mortgage on your home. If you’re looking to use it for yourself, a family member, a holiday home or a Buy to Let, a second mortgage on that property may also be an option.
A high street lender will typically require you to put down at least 5% of the property purchase price for your deposit. If you have had credit problems in the past, this may be higher.
If you have struggled with credit problems in the past, you may still be eligible for a mortgage, though a lender may possibly require you to put down a higher deposit than expected. This can be something like 15% of the property purchase price.
Submitting at least one year’s accounts moves you along the process, allowing for you to potentially obtain a mortgage in Manchester. Most lenders will utilise your salary plus dividend to calculate the maximum mortgage amount you are eligible to borrow, whereas some other lenders will go off your net profit.
In order for an employee to prove their income, it’s usually 3 payslips and the last 2 years’ accounts if you are self-employed. You will also need to provide some proof of ID, address and the last 3 months’ bank statements.
The free initial mortgage consultation that we offer generally lasts up to around an hour. We are then able to turn around an agreement in principle within 24 hours of that appointment. A formal mortgage offer takes, on average, somewhere around three weeks.