At Goadsby, we recommend clients discuss their financial affordability with a mortgage broker before commencing their search for a property. This will provide a known budget and ensure you are in an excellent position to proceed once a property has been found. We can refer you to an independent mortgage broker if you require this.
The benefits of using a mortgage broker
- Brokers provide expert advice on a range of mortgage products to secure the best deal for your financial circumstances
- They will work with you from the initial enquiry, through the application to the completion of your purchase, answering any questions, and providing advice throughout the process
- Some lenders offer exclusive deals only available to mortgage brokers
- Mortgage rates and products are ever changing; a mortgage broker works on your behalf keeping you up to date on market changes
- Online calculators may not consider all relevant factors; therefore, affordability may vary from what you expected when applying for a mortgage yourself
Some information required to apply for a mortgage:
- Proof of deposit
- Proof of income and details of debt / commitments
- Bank Statements
- Proof of identification and address (passport/driving licence/utility bill)
Mortgage application process:
- Introductory call with broker to discuss your objectives
- In person/virtual appointment with broker to establish your requirements along with affordability assessment at your convenience
- Your broker will source available mortgage options once you have provided all required supporting documentation
- Once a suitable mortgage & house have been found, proceed to final application
Additional services provided by a broker
- Personal Insurance
- Home Insurance
- Pensions
- Inheritance tax
- Investments
- Wills
Disclaimer: This leaflet is designed to assist you in the preparation of the sale of your property. However, it does not give any financial advice and Goadsby & Harding (Residential) Limited t/as Goadsby accept no responsibility for it’s contents. It must be stated that we are not financial advisors and we of course are unable to give you any financial advice. Any clarification you need in respect of financial matters related to your house move should be checked with a financial advisor. With your consent, we may refer you (potential buyers and/or sellers) to a mortgage broker and should you decide to use their services we may earn a referral fee of up to 25% of the broker fee and procuration fee payable to them for referring you to them.