FAQs

Life Assurance is an insurance policy that helps to protect your loved ones financially in the event of your death. You choose the amount of cover you need and the length of time you want to be insured for.

It could be used to repay the mortgage or help protect the family’s lifestyle and everyday living expenses. Life Assurance is also known as life insurance, mortgage protection or level term assurance.

We can get you a decision in principle and the result will depend on your credit history and the criteria of the lender, hence why it is important to go to the right lender, nobody wants several credit searches on their file as this can impact your credit score significantly. You just need to give us a call and arrange an appointment and we will complete a fact find and go from there.

You have to have a standard survey to ensure the property is satisfactory to lend on for mortgage purpose, a home buyers report is good for properties that need a more in-depth survey for peace of mind as they will check for structural issues, subsidence, damp and any other issues. They may suggest you have more inspections like an electrical check or a full structural check to protect you from further issues.

This will depend on your personal circumstance as they are individual to you together with any outstanding loans or finance you may have and children also come into the equation. This will be dependent on the mortgage lender chosen, which is why we are here for you.

This will depend on the lender, your circumstances and how quickly you get things to us. This can be as little as 4 weeks but we aim to get an offer out in 6 weeks, we have no control over lenders and valuers but we can assure you we are always chasing this to get the mortgage offers through for our clients as soon as possible.

There are different types of self employed people out there and yes we can find mortgages for self-employed people.

Yes, this is potentially something we maybe able to help with. 

A fixed rate will stay the same for a set period whilst a variable rate will increase or decrease in line with the bank of England base rate or the lenders own standard variable rate. 

It is best to use a mortgage broker for the following reasons:- they have access to a representation of the whole market and most often have exclusive broker only deals; this coupled with the fact that they can give you the best advice and they know how the affordability works with each different lender (it is important to note that all lenders have different criteria).  If you go direct to a bank they can only advise on their products. If you use the internet to search you are advising yourself and this can result in the case being declined due to affordability or the fact that it does not fit their criteria  By using a broker you’re protected by the FCA.

No you don’t! Despite what they may say there is actually a conflict of interest using their broker as they are actually also working for the seller and this can result in you having to pay more for the property.