We are often asked why do I need a mortgage broker? Surely arranging a mortgage is easy?
Innovate Mortgages and Loans offers an end to end service, looking to make the whole process as painless as possible. A recent survey about the home buying process discovered that on the whole the experience is positive and exciting, but the mortgage element was a huge negative. Whilst we can’t promise to make the mortgage process exciting (we’re not magicians!), we will work on your behalf to effectively manage your mortgage application, including:-
-Working with you to establish a budget for your purchase at an early stage.
-Consider any issues with your credit file and anything else which some lenders’ consider to be none standard.
-Carry out comprehensive research using our expert knowledge of lenders’ requirements to match you with the most effective mortgage option.
-Work across the whole market to give you independent advice we are not tied to any individual lender.
-Deal with as much of the paperwork as possible and submit the application on your behalf.
-Chase up the lender and keep you advised of progress throughout.
-With your permission, liase with third parties such as estate agents, surveyors, accountants and solicitors to save you time and hassle.
On average a straight forward application (yes they do exist apparently) requires at least 10 hours of work, and often more. We would estimate that the layman could take double this time even if nothing goes wrong. For more complex applications, e.g., the self employed, buy to let applications, complex incomes etc, the whole process would take much longer – does our service now sound like a useful addition?
Finally, 18 months ago, we decided to start asking clients to post Google reviews so that we had independent evidence of why our service is needed. In that time we have secured 84 reviews and you can see what our clients have to say at www.innovate.co.uk/reviews. Suffice to say (unsurprisingly) we are very proud of the comments!
Local, face-to-face, independent mortgage advice can smooth the process – we are ready to take your call and offer assistance at a time and place to suit you!
Paul Hardingham and Tony Ibson are Mortgage and Protection Advisers at Innovate Mortgages and Loans. Both have over 20 years of experience advising individuals and businesses across the North East of England. They can be contacted for bespoke advice at paul@innovateml.co.uk or tony@innovateml.co.uk or call 0191 223 3514.
