Welcome to our website Lincolnmoneyman.com, the home of our Mortgage Broker in Lincoln with over 20+ years’ experience, providing open & honest Mortgage Advice in Lincoln & Countryside. We search 1000s of mortgage deals across a large number of lenders. We work solely for the customer, with no ties to banks, estate agents or builders. We have your best interests at heart.
Being a fast & friendly Mortgage Broker in Lincoln, we have a great deal of collected experience within our team. We will offer you a designated, experienced Mortgage Advisor in Lincoln. It means that we can provide Expert Mortgage Advice in Lincoln for almost any person who approaches us with a mortgage-related situation and is after a devoted Mortgage Advisor in Lincoln.
Many of our customers get back in touch to our Mortgage Broker in Lincoln, particularly when it to consider Remortgaging because we believe in providing understandable and upfront Mortgage Advice in Lincoln. Customer satisfaction helps motivate each Mortgage Advisor in Lincoln on our team to go even further, knowing that they can go the extra mile and continue our journeys with existing customers. Also, this allows us to guide new or exiting through the mortgage process, holding their hand every step of the way.
As a Trusted Mortgage Broker in Lincoln that also deals with Specialist cases regularly, we work with a large panel of lenders who offer excellent products that are available to you. With this in mind, your dedicated Mortgage Advisor in Lincoln will attempt their best to tailor the search to match your individual needs to provide you with the best possible mortgage deal that you can receive.
A Mortgage Advisor in Lincoln will be on hand and are available from 8 am – 10 pm throughout the entire week, including some bank holidays. To Ensure customers have got informed on where they are in their Mortgage process, which means that they are well cared for and one step closer to their mortgage dreams.
To arrange your Free Initial Mortgage Consultation, please feel free to contact us, and we’ll book you in with a Mortgage Advisor in Lincoln to the time that best suits you.
We have spoken to a multitude of customers. We frequently find with the majority we interact with; the bank has turned many of them away, occasionally without not thoroughly clarifying why which can be frustrating due to without knowing what to fix to go ahead and continue with the mortgage application at hand.
The team here at our Mortgage Broker in Lincoln have an in-depth knowledge of mortgage criteria and each of our Mortgage Advisors in Lincoln will be more than happy to assist you throughout your mortgage journey from start to finish.
Having been a Mortgage Broker in Lincoln for over 20 years, we have come across different mortgage situations. We will take into account all the applications. Do not hesitate to call even if you believe that your problem is too complicated as it’s more than likely that we have faced that hurdle before and know exactly how to help you.
We have encountered many Self Employed roles, a company owner, a partner, a contractor or on a probation period with a new employer struggling to get a new mortgage arranged. That’s why having an experienced Mortgage Advisor in Lincoln on your side will prove highly beneficial.
Additionally, this will apply if you have had credit problems in the past, been bankrupt, have a CCJ and/or a low credit score. We have an in-depth understanding of lending criteria and experience providing expert advice to clients with all types of individual situations.
Regularly, our customers approach their bank before coming into contact with us for Mortgage Advice in Lincoln. The most widespread reasons for the banks not being able to help are; not fitting criteria/tight affordability, can’t get an appointment, or can’t borrow enough.
If you are in one of these situations, then it is essential to speak to a Mortgage Broker in Lincoln, like us who would love to try and help you. The earlier you get expert Mortgage Advice from a broker in Lincoln, the better position you will be in when you decide it’s time to secure a mortgage deal.
As an expert Mortgage Advisor in Lincoln, we can search thousands of both residential and Buy to Let mortgage deals on your behalf. Ideally, it would be best if you spoke to a Mortgage Broker like us before viewing houses with estate agents. We can give you an idea of your budget and have a mortgage agreement in principle document ready to support any offers you make.
Being prepared by receiving Mortgage Advice in Lincoln early in the home buying process will ensure you are in an outstanding ‘mortgage ready’ position. Potentially putting you ahead of any other home movers, who haven’t been as organised when offering on your property.
Your free mortgage consultation in Lincoln will generally last around 60 minutes. An advisor will then recommend a mortgage for you, with no obligation for you to go forward. You are free to decide whether or not you wish to proceed with the mortgage in question.
As a dedicated and experienced mortgage broker in Lincoln, we work on your behalf. We will carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for your circumstances. A credit check will then be required for you to obtain an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued to you by the lender.
To avoid any kind of possible disappointment, we would definitely recommend that you obtain an Agreement in Principle before you begin viewing properties in Lincoln. At the very latest you should obtain one prior to making an offer, as it is free of charge and can put you in a much better bargaining position down the line.
An Agreement in Principle will usually lasts for anywhere between 30 and 90 days depending on the Lender that is used. If your Agreement in Principle expires it can always be refreshed with the help of your mortgage advisor.
It may be possible to get a second mortgage on your home if you’re looking to do Debt Consolidation or Home Improvements. You may also find that it’s possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
The minimum deposit that a high street lender will require for a property purchase in Lincoln is typically 5%. This can be higher if you have had any credit problems in the past.
If you have had any type of credit problems in the past, you can still get a mortgage but you may possibly be required to put down a higher deposit than expected, perhaps 15% of the properties purchase price.
Once you have submitted at least one year’s accounts, you are then eligible for a mortgage. Most Lenders will be using your salary plus dividend to calculate the maximum mortgage, whereas others have been known to go off your net profit.
It’s usually three payslips that a lender will need to see for an employee to prove income and the latest 2 years’ accounts for Self Employed. You will also need to produce proof of ID, address and the last 3 months’ bank statements.
The general amount of time that your free consultation with an advisor will last is around an hour or so. A mortgage advisor can turn round an agreement in principle within 24 hours of your consultation. A formal mortgage offer will take on average about three weeks.