Welcome to Sunderlandmoneyman utilising 20 years of industry knowledge; Malcolm and his team of mortgage advisors and administrators are here to provide clear and straightforward mortgage advice and support throughout your mortgage journey.
Our team are determined to provide a high level of mortgage advice for anyone who approaches us with a situation regarding their mortgage, and the entire process runs smoothly, no matter your circumstances. We recommend that everyone takes advantage of our free mortgage consultation!
Once you have contacted and spoken to one of our customer care team, they will take some information from you and look to get you booked in for a consultation with one of our reliable mortgage advisors in Sunderland.
Your assigned mortgage advisor will build up a financial profile of your current situation during your free mortgage consultation and what you are looking to achieve in your mortgage journey.
We operate 7 days a week to work with you when you feel most comfortable.
At any stage during your process, if you have any questions, don’t hesitate to ask. Your Mortgage Broker in Sunderland has over two decades of experience in the mortgage sector – to help try answer any questions!
Whether you are new to the mortgage process or have used us before, we always advise that you get help from an expert during the process. They will be able to gather information about your financial situation and recommend the most suitable deal for you.
We will always open and honest with you, having your best interests at heart at all times. Our job is to deliver the same exceptional service to every customer that reaches out to us for help. Please look at our reviews to find out what others have thought about their experience with us.
If you decide to approach your bank over a Mortgage Broker in Sunderland, you limit yourself to their in-house deals. Like us, a Mortgage Broker in Sunderland has access to many mortgage deals through various lenders. It’s your Mortgage Advisor in Sunderland who will search through our large panel to try and find you a great mortgage deal.
We work for you! As a Mortgage Broker in Sunderland that isn’t tied to any particular estate agent, bank or building society, we may be able to locate a deal that benefits you. We are always open and honest with you.
Have you come across a complicated issue during your mortgage application? If so, you should know that we have Mortgage Advisors in Sunderland here to help. We will designate you to a Mortgage Advisor in Sunderland that will likely have come across a similar situation before; this way, you know that you are in safe hands!
Current or budding landlord? Not a problem either; our Mortgage Broker in Sunderland also deals with Buy to Let Purchases and Remortgages.
For specialist Mortgage Advice in Sunderland, we recommend that you take up our free mortgage consultation. This could give you an estimation of how much you may be able to borrow for a mortgage and help you understand the process a little easier.
Remember that we are here to talk to your 7 days a week. We can’t wait to hear from you!
Your free initial mortgage consultation with a mortgage advisor in Sunderland will last round about one hour. They will then recommend a mortgage for you, wherein you have no obligation to proceed and you can decide whether or not that particular deal is something you’d like to go forward with.
As a trusted and well experienced mortgage broker in Sunderland, we will first carry out a Fact Find to establish your personal needs, before we begin searching and recommending the most suitable mortgage for you. A credit check will be required for an Agreement in Principle. A formal mortgage offer can be issued once you have provided all the relevant documentation and a valuation of the property has been undertaken.
To avoid any kind of disappointment with a property, we recommend you obtain an Agreement in Principle before you begin property viewings in Sunderland. We would say that at the very latest, you should obtain one before you start to make offers, in order to assist your bargaining position.
A standard Agreement in Principle typically lasts for around 30 to 90 days depending on the Lender. If your Agreement in Principle expires, you can get it easily refreshed.
You may have the option of getting a second mortgage on your home for things like debt consolidation or Home Improvements. This can also be possible if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
The minimum deposit for purchasing a home in Sunderland with a mortgage lender is typically 5%. This figure can possibly be higher if you have had previous credit problems.
If you have had credit problems previously in life, you may still have a chance at obtaining a mortgage, but you may be required to put down a higher deposit than usual. This could be be 15% of the property purchase price.
Once you have submitted at least one year’s accounts to the lender, you may be eligible for a mortgage. Most Lenders will calculate the maximum mortgage with salary plus dividend, whereas others sometimes go off your net profit.
A lender will usually need three payslips for an employee to prove income and the latest 2 years’ accounts for an applicant who is self-employed. You will also need to provide them with proof of ID, address and 3 months’ bank statements.
Your free consultation with a mortgage advisor in Sunderland will typically lasts up to an hour or so. We have the ability to turn round an agreement in principle within 24 hours. A formal mortgage offer has been known to take roughly about three weeks on average.