When you’re looking for a mortgage in Manchester, having the right support can make all the difference.
Whether you’re buying your first home, exploring remortgage options, or finding a mortgage later in life, your mortgage broker plays an important role in helping you move forward. But knowing what to ask can be just as important as finding the most suitable deal.
Our mortgage advisors in Manchester are here to make the process feel straightforward from the start. To help you feel prepared, here are some of the key things you might want to ask when speaking with your mortgage broker.
Can you help with my type of mortgage?
Every customer has a different reason for needing mortgage advice. Some are stepping onto the property ladder for the first time. Others might be remortgaging to find a better rate or release equity. There are also many people aged 50 and over who are exploring later-stage borrowing, either to downsize their home, support family, or manage their finances in retirement.
As a mortgage broker in Manchester, we work with a wide range of lenders and mortgage types. That includes first time buyer mortgages, remortgages, and mortgages for older borrowers. Asking your mortgage broker if they can help with your specific needs is a good place to begin the conversation.
How much can I borrow?
One of the most common questions we hear is: “How much can I borrow?” The answer isn’t the same for everyone. It depends on your income, financial commitments, credit history, and the lender’s affordability criteria.
Our mortgage advisors in Manchester have access to a range of lender calculators, which take into account income from employment, self-employment, pensions, and other sources. This helps us get a clearer view of your potential borrowing from the outset, so we can explain how each lender assesses affordability based on your circumstances.
What deposit will I need?
Deposit requirements vary depending on the type of mortgage you’re applying for. First time buyers may be eligible for mortgages with just 5% deposit, particularly through schemes such as Skipton’s Track Record mortgage, which requires no deposit, provided you meet specific criteria.
Those looking to remortgage may not need to provide a deposit at all, while homeowners aged 50+ might consider releasing equity as part of their plans. Feel free to ask us how much deposit you’ll need and whether there are options available that suit your budget. We’ll also talk you through the difference your deposit size can make to interest rates and monthly repayments.
What type of mortgage is right for me?
There are different types of mortgages available, and the right one depends on your personal situation. From fixed-rate and tracker mortgages to more flexible options, it’s worth exploring how each one works and what might suit you.
Our role is to recommend what’s suitable, not just what’s available. We’ll explain the pros and cons of each option, along with how the structure of your mortgage could affect you over time. That’s especially important if you’re planning a move, looking ahead to retirement, or aiming to reduce your term.
How do you search for mortgage deals?
Some mortgage brokers only work with a limited panel of lenders. Others, like us, can access a broader range across the market. It’s useful to ask how your mortgage broker compares products and what kind of lenders they work with.
We search 1000’s of deals from high street banks, building societies, and specialist lenders. This means we’re not tied to one provider, and we’re able to look at options that are better matched to your needs, whether that’s a low deposit deal, a competitive fixed rate, or a product designed for older borrowers.
Date Last Edited: October 27, 2025
