Mortgage Advice with Select Mortgages
Whether you are buying, selling, re-mortgaging or considering a buy-to-let investment property, our recommended mortgage advisors will guide you through the mortgage options to ensure that you get the best deal to suit your needs.
The team at Select Mortgages, will give you an expert view on how much money you’re able to borrow - this will be invaluable when you’re searching for your new home. Select Mortgages have helped hundreds of buyers like you. They will be happy to answer any of your mortgage related questions.
All their mortgage advisers are professionally qualified in their industry and they are also fully regulated by the Financial Conduct Authority. Even if you have any special requirements or if your circumstances are slightly out of the ordinary, Select Mortgages advisers have the training and experience to help you to find the right mortgage product.
Getting an Agreement in Principle
It is always good advice to get an agreement in principle (AIP) when looking for a new property. In order to obtain an AIP there will be a credit search on your name and address. This search will identify whether the mortgage lender will, in principle, agree to lend you the money to buy your new home.
Once an agreement in principle has been reached you will be provided with a certificate of confirmation. This certificate will enable us to prove to the vendor that can afford and are likely to be offered a mortgage. This will go some way to evidencing your position as a strong buyer.
A word of warning though ….. Too many credit searches can adversely affect your credit rating. Be careful not to make multiple applications for different deals. Select Mortgages will assess your circumstances and use their market knowledge to ensure that they source the deal that is best suited to your circumstances. They will protect your credit rating by only applying for that deal.
If you are successful with your application, then no further credit check will be required. In the unfortunate event that the application is declined, then Select Mortgages will find out why, before you have another check done. You can always apply for your free credit report to see if there is anything on there that you are not aware of, and correct any errors. The mortgage adviser should be able to help you on this.
Peace of mind comes in the knowledge that your broker is regulated by the Financial Conduct Authority. Select Mortgages have access to a huge range of mortgages from across the market.