Mortgages

First-time buyers, Help to Buy, Remortgages, Buy to Let, Commercial Mortgages

A mortgage is likely to be the single largest financial commitment you ever make. There’s a wide range of mortgage products out there, with varying interest rates and repayment options available. 

 

The process of getting a mortgage can be a stressfull, frustrating and an exhausting experience. Especially if you are buying for the first time.

If you decide to use your own bank there is a chance that you can wait for weeks for an appoitment with a mortgage advisor and when you get a chance to meet him you will only be offered products from one lender.

Albion Financial Advice will try its best so that you will have a different experience.

Unlike banks and other lenders Albion Financial Advice has access to thousands of mortgage deals, both high street banks, building societies and specialist lenders that are not available on high street. In simple terms Albion Financial Advice has access to a wider range of products and that gives you more options and better choice.

As you probably know recent changes in mortgage regulation made the process of getting a mortgage harder and a positive outcome less likely. Albion Financial Advice knows lenders criteria, we have experience and knowledge how a lender will assess your situation, this will give you the best chance to get approved first time.

The whole process can be done over the phone. After you call us you will be speaking with a friendly consultant who really cares and who will guide you through the whole process until you collect keys to your new property.

Disclaimer

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

  • First Time Buyers – FTBPeople buying their first home often have specific needs when it comes to finding a mortgage. A range of mortgages exists specifically for this market sector.
  • Buying a homeBefore you choose a specific deal, you need to decide what type of mortgage is the most appropriate for your needs.
  • RemortgagesRemortgaging means switching your mortgage to another deal – often with another lender. Most people remortgage because their existing deal has ended.
  • Buy to Let MortgagesThese types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property.
  • Flexible MortgagesWith options for overpayment and payment ‘holidays’, a flexible mortgage can make the traditional 25-year British mortgage look rather old-fashioned.
  • Second Charge LoansSecond charge loans can be secured against residential or Buy to Let properties.

A Team
Of Professionals.

Our experienced and friendly staff will make sure that the process is smooth and jargon-free.

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Advice process explained

Initial enquiries and gathering information

At first, we will ask for information about you and your family. This includes things like payslips or tax returns to make sure that our clients are providing accurate data in order achieve the best possible outcome from your mortgage application process .

Mortgage sourcing

Having analyzed your credit report, financial situatio and you needs, we will present you with a mortgage solution that suits your needs and where you for lenders criteria. We will present you with a mortgage illustration and answer all your questions.

Getting a DIP/AIP - Decision in Principle / Agreement in Principle

After your approval we apply to the lender with an initial application (DIP/AIP). Once you are approved a house purchase with one becomes much easier!

Full mortgage application

When you find a property that’s right for your needs and have your offer accepted, we will submit an application to the lender and handle all of its process from start-to finish – including getting documents submitted and dealing with lender’s enquiries. At the same time you will appoint a conveyancer to start the legal process of buying a property.

Completion stage

When the conveyancer finished their work and a loan has been offered, they set an exchange date. On completion you will receive keys to your new house.

Book your free initial consultation

 


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