How much can I buy my next home for?

You will need to find out how much you can borrow, how much you will be able to use as a deposit after the selling and purchasing costs, and the monthly payments to accurately assess your maximum purchasing power. It is best to have an expert give you the guidance you need and advice before putting your property on the market.

How much can I borrow?

You can get an indication of how much you can borrow by using our handy “how much can I borrow” calculator. The actual amount you can borrow will depend on your credit commitments, your regular monthly outgoings and how each lender assesses your income.

It may be possible to borrow more than our calculator shows you, that’s where the expertise of our personal advisers come in and our independent status benefits you.

Will I get the best deal?

Because we are independent mortgage brokers we will be able to secure you the best deal for your circumstance.

What costs are involved with selling and buying my new home?

There are costs associated with selling and buying your new home. When selling your current home, you will need to consider estate agency fees, legal fees to sell and any potential mortgage penalties if applicable. With your onward purchase potential costs include legal fees, a survey fee, stamp duty (which is a property land tax) and administration fees. Within selling and buying you may want to clear some debt from the sale proceeds to make your overall monthly outgoings more affordable. Our personal advisers can give you guidance and advice within a free consultation.

What is the benefit of having an agreement in principle?

An Agreement in Principle, also known as a ‘Decision in Principle’ will be provided by a lender after affordability and credit checks have been approved. An Agreement in Principle is extremely useful to increase your confidence before putting your property on the market also when viewing and offering on properties. Estate Agents will typically want to see an Agreement in Principle before presenting your offer to a seller. Our personal advisers can help you with this.

Will I be accepted for a mortgage to move home?

Being accepted for a mortgage does depend on your circumstances. We are experts with all types of mortgages… We specialise in obtaining mortgages for the self-employed, contractors, construction industry scheme (CIS) workers and those with historic adverse credit (as well as employed customers too of course). In all these situations we can frequently secure high street deals. Being independent and experts is a real benefit in these circumstances.