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Moving Home Mortgage Advice in Leeds

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Making your Moving Home Journey in Leeds Stress-free

Moving home can be known to be a challenging and stressful experience. As a mortgage broker in Leeds, our goal is to make the process as stress-free as possible as well as being your helping hand all through the journey.

 

 

An element of the moving home process that can be seen as stressful is that you have to manage the sale of your home as well as the purchasing of your new home. Your conveyancing solicitor will be there to handle the paperwork and make sure the completions work concurrently, however, you still need to work around a time period where you need to secure the purchase of your new home as well as securing a buyer for your existing property.

 

 

Our knowledgeable team are here if you are looking to move home in Leeds. We always aim to make the home buying process as seamless as possible. We can provide you with the support you need on your moving home journey and are available to answer any questions you may have.

 

 

Through searching 1000s of deals, we can find the best deal that matches your circumstances. If you are wanting some support on your home moving journey, get in touch, we would love to help. To get you started on your journey, we offer all our customer a free no-obligation mortgage consultation.

 

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Moving Home Mortgage Scenarios in Leeds

Are you relocating to Leeds or looking to move within the city? Over time, many customers have managed to achieve their moving home goal with the help of our team of expert mortgage advisors.

Below are a number of home moving scenarios that our team has encountered.

How Much You Can Borrow % The Costs

We find that customers contact us in the early stages of the moving home process to get mortgage advice in Leeds. Enquiries that we commonly get from our customers include how much they would be able to borrow, at what interest rate and what their monthly repayments would be.

Need an Agreement in Principle

You will be able to obtain an agreement in principle off us after your free mortgage consultation. This is because your advisor will search 1000’s of products to find you the perfect deal. We then carry out the process of getting your agreement in principle as soon as you are happy with our recommendation. From this, you are ready to go with your agreement in principle to back up any offers that you would like to submit on your ongoing purchase in Leeds.

Your offer on a new home has been accepted

Your mortgage advisor can kickstart your full mortgage application process as long as you have had your offer accepted on your new home in Leeds. At this point, we can also support you in recommending a conveyancing solicitor as well as information on the type of property surveys.

Having trouble with the bank

If your mortgage application has been declined by the bank or building society, there could be a number of reasons why this is the case. One reason could be that you didn’t meet the credit scoring criteria, or they will not lend you a sufficient amount. Here at Leedsmoneyman, we can look into specialist lenders, therefore, it might be helpful to contact us.

 

For clients that may have had credit issues in the past, we work with a panel of lenders who offer specialist products that are tailored to these types of customers. As mentioned before, this always depends on your circumstance and your credit file. These products and their criteria are something our mortgage advisors in Leeds are very knowledgeable in.

 

Remember, the above discusses scenarios we see are popular with our customers that are looking to move home. Therefore, please don’t hesitate to contact us even if any of these categories don’t apply to you. Again it’s common for us to be faced with situations we have dealt with in the past. Our team are more than happy to support you.

Looking to move home in Leeds? We can help

Our knowledgeable mortgage advisors in Leeds will be able to help if you are planning to move home by looking into your mortgage options. From your initial query all the way to obtaining the keys to your new home.

 

Our team at Leedsmoneyman can provide an open and honest service to support customers who are wanting to proceed with their home moving journey. Through our experience over the years, we find there is rarely a situation that our team hasn’t come across.

 

If you decide to enquire with us, you will be offered a free no-obligation home mover’s review. Within this review, we will look at what your home moving goals are keeping in mind if they fit within your affordability. As well as this, we will look over your monthly payments as well as the maximum you could borrow.

 

As soon as you are happy with our recommendation, we will then proceed to obtain your mortgage agreement in principle. With this, you are ready to for backing up any offer that you would like to make.

 

If you have found your new home in Leeds and your offer has been accepted, the team will proceed in completing your full mortgage application. From here, we will manage everything all the way through completion.

 

As well as looking to find you the best mortgage, we will then be able to look into various surveys available to you and help with seeking solicitor quotes. To help cover your mortgage in any unexpected circumstances, your mortgage advisors in Leeds will recommend insurances that are appropriate for you.

 

Because we are not partnered with any estate agent, bank or builder, we work with you. If you are wanting help in achieving your moving home goal, we are happy to help.

What our customers say

Common mortgage
questions

Our free initial mortgage consultation can roughly last up to one hour. As a skilled Mortgage Broker in Leeds, we can get you an Agreement in Principle within 24 hours after we have all the correct information. On average, a formal mortgage offer takes about three weeks. 

If you’re an employee, you will usually have to supply three pay slips to prove your income. If you are Self Employed in Leeds, it is typically the latest two years’ accounts. You will also need to provide proof of ID, address and three months’ bank statements. 

If you can show evidence of at least one year’s accounts, you may be able to get a mortgage. Most lenders in Leeds will use your salary plus dividend to work out your maximum mortgage. However, some can go off your net profit. 

Despite having shown any credit problems in the past, the good news is you may be able to get a mortgage, but it means you may be required to put down a higher deposit, e.g. 10 – 15% of the property purchase price.

Suppose you are looking to put down a deposit for a property in Leeds. In that case, most High Street lenders will ask for a minimum deposit of 5%, and others might ask for a higher amount depending on your circumstances, e.g. If you have had any previous credit problems.

You can have two mortgages running simultaneously, as long as you can afford to repay the monthly instalments on each of them. If you’re looking to accomplish something like debt consolidation or home improvements, you may be able to place a second mortgage on your home. 

An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires, it can easily get renewed by speaking to a Mortgage Advisor in Leeds. 

As a committed Mortgage Broker in Leeds, we will carry out a Fact Find to establish your personal needs before we go ahead with advising the most suitable mortgage for your circumstances. 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. 

Your free mortgage consultation with a Mortgage Advisor in Leeds will last around one hour. Once they have evaluated your circumstances, they will advise a mortgage with no obligation for you to proceed. Based on the deal, you can determine whether or not you want to continue the process. 

To help demonstrate that you are creditworthy and assess your affordability for a mortgage, we recommend getting an Agreement in Principle ready before viewing properties in Leeds. At the very latest, you should obtain one before making an offer to assist your bargaining position and show any seller that you are ready to proceed should they accept your offer. We are typically able to obtain an agreement in principle within 24 hours.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Leedsmoneyman.com & Leedsmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Leedsmoneyman - Mortgage Broker

Leedsmoneyman, Wizu Workspace, 32 Park Cross Street, Leeds, LS1 2QH.

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