October 18, 2020
Mortgage Heroes Find The Best Mortgage Deal Fast.
Speak to a CeMAP qualified mortgage adviser today.
How Can We help you?
Do you need to ask an adviser a mortgage related question?..
Our Newcastle based mortgage advisers are experts in particular fields. This means you get advice from a local broker who deals with clients in similar situations every day.
By adopting this method we have managed to improve the client outcomes and overall mortgage experience.
Meet your Mortgage Hero and book a free initial mortgage consultation.
Can you get a mortgage?
Use our 7 Question free mortgage eligibility checker to estimate your chances
How much can I borrow?
Finding this out allows you to identify properties in your price range.
How quickly can I find out?
We can arrange a decision in principle on the same day in most cases.
Expert Independent Mortgage Advice on your doorstep
The Mortgage Hero Process
How we work to ensure you get a mortgage adviser with the right level of experience for your circumstances.
A client relationship manager may contact you to clarify your situation.
Meet your Mortgage Hero, we will assign you a broker who will arrange a face to face or telephone appointment
First time buyer mortgages are specific mortgages for someone looking to buy their first home or someone who has not owned a property for a set amount of time. Some mortgage brokers specialise completely in this large market and can introduce you to award winning lenders who offer exclusive interest rates.
Are you currently renting from one of the local authorities? If you live in the Newcastle Upon Tyne are and would like to buy your council house we can help. Local authorities offer generous discount which when combined with a special mortgage deal can form part or all of a deposit to buy your council house. We have access to special mortgage products from lenders who know and understand this type of transaction.
Switching mortgages has never been easier, we can help you access expert advice and assess the best deal from your current lender and compared to the open market.
If you are looking to remortgage and consolidate debt which is currently unsecured you should think carefully as your home may be repossessed if you fail to make your monthly mortgage payments. My colleague who is also a mortgage broker in Newcastle can help you with a debt consolidation mortgage.
This type of mortgage comes with extra compliance and is regulated by the Financial Conduct Authority. It is important that you understand the effect of restructuring existing debts over a longer period and the adviser will provide calculations to explain the effects.
My speciality.. as a buy to let landlord I understand the process inside out. I own several properties in the Newcastle Upon Tyne are and can help explain the pros and cons of various types of properties such as Tyneside flats. I'm also experienced with the minefield that is portfolio buy to let and ltd company buy to let for the savvy landlords that have switched to company ownership. Not all buy to let mortgages are regulated by the financial conduct authority so it is important you receive advice you can trust.
Newcastle Mortgage Broker Services...
First Time Buyer Mortgages
If you are looking to buy your first home and take that all important first step on to the property ladder you will no doubt have lots of questions.
- How much can I borrow?
- How much deposit will I need?
- How important is the interest rate?
- How long does it take to arrange a mortgage?
- How does help to buy work?
We are happy to answer all of these questions and provide you with a free initial consultation to explain the process. The answer to some of these questions depends on your personal circumstances which we will need to discuss openly before your appointment with a local Newcastle mortgage broker.
Right to Buy Mortgage Help, Buy your council house from the local authority.
If you are an eligible council or housing association tenant you can buy your home and take advantage of a discount of up to £108,000
This government backed mortgage scheme means lenders have specific mortgage products and interest rates to help you own your home. Book a free initial consultation with a Newcastle mortgage broker so they can answer any questions you may have.
To find out if you are eligible for right to buy please visit https://righttobuy.gov.uk/
Remortgage Help, Release Equity, Consolidate Debts.
Do you want a better deal or you would like to fund a home improvement such as new kitchen. When remortgaging there are a lot of factors to consider. It is important you take specialist advise particular to your current circumstances and future aspirations. I can help:
- Explain the process
- Explain equity release options
- Find the best mortgage deals in the market
- Arrange additional borrowing for debt consolidation and incorporate loan repayments
- Arrange the necessary legal paperwork
Porting Your Current Mortgage to a New Home
Are you planning to move up the property ladder?
Not all lenders permit a mortgage to be ported. It is also important to consider that lenders will refer to their current criteria when deciding on allowing a mortgage to be ported to a new property.
It is best to discuss your circumstances along with the details of your current mortgage arrangement with a qualified mortgage broker.
I can help you and offer advice specific to you as part of a free initial consultation.
Buy To Let Mortgages and Investment Financial Services
As a portfolio landlord myself I understand what you are looking for in a mortgage broker. I work fast to provide necessary documents to agents and vendors that will help secure your investment. I also know Newcastle Upon Tyne and the surrounding areas very well and therefore I can accurately advise on the financial details of your deal. It is important you understand that the FCA (Financial Conduct Authority) does not regulate some buy to let mortgages and commercial mortgages. Advisers may not have access to the regulated mortgages or vice versa the unregulated mortgage products.
If you are planning on becoming a landlord for the first time and investing in property please get in touch for a free initial consultation.
What exactly does a mortgage adviser do?
Mortgage advisors save you time by searching multiple lenders to quickly establish how much each bank and building society may be prepared to lend. They then cross reference this with the interest rates from mortgage sourcing software and lending criteria to make a personal recommendation.
I work out how much you are likely to be able to borrow from a mortgage lender, this will allow you to budget for your new property.
By searching a panel of lenders from across the country while considering your criteria and needs.
An administrator collects data and documents for the adviser to complete the lenders forms. Making sure the bank or building society has everything they need to assess your case
They make sure everyone has what they need including solicitors and estate agents. The goal is to keep your purchase on track.
Feedback from previous mortgage and insurance clients.
"Couldn't recommend Michael enough. He has been worth his weight in gold to us with all the specialist advice he has given"
"Would recommend using him to anyone thinking of buying a house"
Find us here: The Mortgage Hero
Tyne & Wear
Phone: 0191 607 0706