If you are dealing with a complex mortgage situation or having some difficulty getting over a mortgage hurdle, you may find the help of an experienced mortgage broker in Bristol very beneficial. We aim to help our customers to overcome everything that gets in their way of achieving their mortgage goals.
Having worked in the mortgage industry for over 20 years. We have encountered so many different mortgage scenarios. Including those who suffered with a bad credit history, it doesn't mean it’s entirely impossible for you to obtain a mortgage!
Our Mortgage Advisors in Bristol will consider all mortgage scenarios. To speak with one of our qualified mortgage advisors, book your free mortgage appointment today to see how we can help.
Here at Bristolmoneyman, our devoted team of mortgage advisors in Bristol are able to search their vast panel of specialist lenders, each with their own unique lending criteria. This is one of the benefits of why we always recommend that you get in touch and speak to a mortgage broker in Bristol like ourselves.
We will do our best to match you with the most suitable lender for your financial and current circumstances. If your mortgage application has been constantly rejected this will show up on your credit file, and might end up damaging your credit score.
Our aim is to get our recommendation right the first time, there is rarely a mortgage situation that we haven’t come across before. All our mortgage advisors in Bristol have a great deal of knowledge of specific lender criteria. Once we have gathered some key information, this will give them a good indication of how they can help and proceed to the next step.
Missing outgoing payments for financial commitments can negatively impact your credit score, particularly if it is a recurring issue. The severity of the impact on your credit score will depend on the types and number of payments missed. In Bristol, having a bad credit score can make it difficult to take out loans/borrow money in the future.
A CCJ, or County Court Judgement, can be removed from your credit file if paid within the 30-day window given by the court. If the debt is not paid within this time frame, it will remain on your credit file for 6 years. It is important to repay the amount owed within the 30-day window to avoid having a permanent record on your credit file.
If you pay off the CCJ out of this 30-day window, the CCJ will appear as "settled" on your file but will remain there for 6 years.
Homeowners in Bristol may choose to remortgage their property to access the equity built up in their home. This can provide them with capital for various purposes such as home renovations or helping a family member purchase a home. If your other options have been exhausted, debt consolidation through remortgaging in Bristol may be a solution for those struggling financially. This involves using the equity in your home to combine multiple debts into one more manageable monthly payment. However, it is important to note that this can be a risky decision and should be carefully considered before proceeding. You should think carefully before securing other debts against your home. By adding your unsecured debt to your mortgage, which is secured on your home, you may endanger your home if you can't make the necessary repayments. Although the total monthly cost of servicing your debt may have been reduced, the total repayment cost may still have increased because the duration of your mortgage is longer than it may have taken to repay the original debts.
At Bristolmoneyman, our team of expert mortgage advisors in Bristol have access to a wide range of specialised deals from various lenders. Each lender has its own lending criteria, and our advisors can help match you with the best deal for your personal and financial situation.
If you have concerns about your credit score, we recommend obtaining an updated credit report before your free initial mortgage appointment. This will enable us to better understand your situation and assist you in achieving your mortgage goals.
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Very responsive even in late evenings! Answered all of the questions that I had, explained the whole process through out and made the house buying process so much easier!
8 months ago
Helen was lovely to chat with, she booked me in for an appointment with a broker within minutes of me sending an email enquiry on a Sunday and explained everything about the process really well.
10 months ago
Spoke to several Mortgage Brokers about my situation and having talked to Malcolm, he fully understood my views and gave me his honest opinion. A very professional, friendly, and efficient service that enabled us to the best mortgage on the market.
2 years ago
Every customer is able to book a free mortgage appointment online with one of our advisors by simply answering a few questions.
During your free consultation, your assigned mortgage advisor in Bristol will ask for information about your income and expenses to determine your maximum budget.
Following your free mortgage appointment, your mortgage advisor in Bristol will try and find you a suitable mortgage product that fits your personal and financial situation.
If you want to continue with this mortgage product, it is time to begin preparing your mortgage application.
Once you are ready to submit your mortgage application and you have provided your evidential documents to support your income, affordability, etc., all we have to do is send it off!
Throughout your process, you will work with a case manager who will keep you updated every step of the way.
Not only do we secure the best deals for our customers, but we also provide personalised recommendations for insurance products to safeguard you and your family's future.
Additionally, we will reach out to you prior to the renewal of your mortgage to ensure you're still getting the best deal available to you.
During your mortgage process, we look after your customers and make sure they receive the best advice. We will take care of you, always having your best interests at heart.
Our team of hard-working mortgage advisors in Bristol always aim to provide you with a high-quality service, ensuring you remain informed throughout the entire journey. We will always do our best to give a responsive service, tailored to your circumstances and needs.
We hope that in receiving our service, you end up with mortgage success, a fantastic deal on a home, and a smile on your face.
As a company that prides itself on providing fast & friendly Mortgage Advice in Bristol, we will be with you every step of the way. Book your free mortgage appointment to speak with an expert Mortgage Broker in Bristol today.
We have both high street and specialist lenders on panel that we can search in order to find you the perfect mortgage product for your situation. We want to make sure that you are receiving the best deal possible.
Don’t be too concerned with your credit score, just make sure to obtain an up-to-date copy of your credit report. You will be able to benefit from doing so when you contact us and book yourself in with our free initial mortgage appointment. Your up-to-date credit report will help give our mortgage advisors in Bristol a much better understanding of what you’re looking to achieve and what deals are going to be most suitable for you and your circumstances.
If you have had someone go out and perform a property survey, only to find out that the accepted offer you put down is actually way above the market value of the property, this is what’s known as a Property Down Valuation.
We tend to find, towards the end of the line, it is more than likely that your lender will pull out of your mortgage deal. If you are in the position to make up the difference between your offer and the true value of the property, the lender may still allow you to proceed.
If you are going through a divorce or separation, it can be a challenge making newer arrangements, especially if you both are tied into a mortgage together. You will need to sort this out as soon as possible, otherwise, it can lead to more complications further down the line.
Similar to the mortgage scenario just mentioned, if you are going through a divorce or separation, you may be looking to remove your own name or your ex-partner’s name from the mortgage. Depending on your financial stability, as well as your affordability, will affect the outcome as now you’ll only have one income instead of two.
If you’re married and want to know your options for taking out a mortgage on a property you and your partner are going to be living in, the lender would prefer both of you to be listed on the mortgage. However, there are still options out there if you would rather be the only one named on the mortgage.
The Shared Ownership Scheme can help mortgage applicants take out a mortgage as a percentage share of the property, rather than the full asking price. We tend to find, the share can vary between 25%-75%, but some lenders may be as little as 10%. The owner of the remaining share, likely a local authority, will be paid back as rent alongside your mortgage payments to the lender.
Professional mortgages can only be accessed by very specific professions. This is an incredibly niche area of the mortgage market which is why we would highly recommend booking a mortgage appointment with a specialist mortgage advice in Bristol team to learn more.
If you are looking to take out a mortgage on a further property, make sure to show the lender proof that you are financially stable of covering the costs of both mortgage payments. This is something we are able to help you with, to make sure you are fully prepared.
Holiday lets are similar property types to buy to let properties. The main difference being, you won’t have a permanent tenant, with it possibly generating no income during off-seasons. This is why lenders need to have absolute faith that you can afford your mortgage payments every month, regardless if you have any tenants or not.
New builds can tend to be more expensive to invest in than older properties. If you’re a first time buyer who is struggling to save up for your initial deposit, you may be eligible to use the government’s Help to Buy Equity Loan Scheme as a way to get onto the property ladder.
A ‘non-standard’ property is a property that is not put together using regular building materials like mortar or bricks. In order to take out a mortgage on this property type, you will need a very specialist mortgage product. We would also recommend you take out a full property survey.
HMO mortgages are basically large buy to lets with 4-6 tenants, similar to what you would see with student housing. We tend to find HMOs are often complex to deal with. This is why we always recommend seeking a specialist buy to let Mortgage Advice in Bristol if you are interested in taking out an HMO mortgage.
This is a very specialist mortgage type and requires speaking to a specialist to make sure everything is correct. Because you are releasing the equity that you have gradually built up in your home, turning it into cash by using a lifetime mortgage.
People use offset mortgages to help them access competitive interest rates and mortgage products.