- MORTGAGES
- first time buyers
- home mover mortgage
- remortgages
- self certification
- buy to let mortgages
- adverse credit mortgages
- commercial mortgages
- mortgage application form
- MORTGAGE TYPES
- fixed rate mortgages
- variable rate mortgages
- capped mortgages
- discounted mortgages
- tracker mortgages
- cashback mortgages
- offset mortgages
- interest only mortgages
- LOANS
- secured loans
- secured loan form
Home Mover Mortgage
Good Advice - If you're moving house and are looking for a mortgage it is important you get good advice. For information you can trust, contact us now.
How Much Can I Afford? - Before you start looking for your new home, you should find out how much you can borrow, what your repayment will be and how much you can afford to pay each month.
Start House Hunting - Find the area you want to live in and register with a few estate agents. All reputable estate agents will take your details and get in touch as soon as suitable properties come on the market. When viewing a property, don't be afraid to ask essential questions, like "What are the neighbours like?" and "Is the damp proofing guaranteed?" Have a good look at things like double glazing, the boiler, the shower and the roofing. Take a checklist of things to look out for so that you don't forget anything.
Making an offer - If you are interseted in a property, make an offer to the sellers estate agent. If your offer is accepted, it will be on the basis of being 'Subject to contract'. This means that you and the seller have agreed in principle to go ahead with the transaction but neither parties are yet legally bound.
Mortgage Application - You can apply for a mortgage now. All you have to do is fill out our online application form. We are independent mortgage brokers, so we can give you the best advice from over 1000 mortgage schemesavailable. Our service is friendly and personel and is free.
Arrange Survey - Your mortgage provider will usually arrange for a survey on the house to be carried out for you. The survey will highlight any alterations that must be done to the house before you can get the mortgage and whether the offer you have made is realistic.
Conveyancing - You will need to employ a Conveyancer who will cover things like checking legal documents relating to ownership of the property and making local authority searches to find out if there are any plans in the pipeline that would adversely affect the property and its value. Your Conveyancer will also handle the actual purchase of the property and will be able to tell you all the costs involved.
Exchange of Contracts - Once your Conveyancer has completed all the legal checks and gives you the go ahead, you'll be able to sign the contract. The seller signs an identical contract and your respective Conveyancers swap these signed documents in what's known as 'exchange of contracts'. At this point, both you and the seller become legally bound.
You may have paid a deposit at this stage - through your Conveyancer. As you are now committed to the deal you could lose your deposit if you pull out after exchanging contracts, also you are liable for any mortgage you may have taken out.
Completion - When contracts are exchanged , a date is set for completion - the day the property becomes yours. On completion, the balance ofthe purchas is paid to the seller's Conveyancer in return for the title deeds of your new home.
Success - You've purchased your new home ... simply start planning your move and your house-warming party.
Latest Mortgage Offer
5.49% Fixed for 12 months, then 6.65% tracker for 12 months, then 6.66% tracker for 12 months with no further tie in. Redemption penalty applies for first 3 years. Maximum loan to value 75%, Arrangement fee £585 which can be added to the loan, APR 7.6%.
» Apply now
George and Diana Marley had sold their house and wished to move home. They purchased another property through an estate agent and were promptly introduced to their mortgage adviser who offered them a mortgage deal on their new property. Rather than accept it immediately they approached Model Mortgages and asked if they could do a better deal.
Because Model Mortgages chooses from the whole of the market, unlike the estate agent concerned who were tied to a panel, they not only arranged a deal with a considerably lower interest rate they also managed to get them a free survey. George and Diana were over the moon and since then have referred many of their friends to Model Mortgages.
Get a decision in principal on a mortgage - complete our simple application form.
Brian got a mortgage from the Model Mortgages web site.
Just a few words to say thanks for all your help with our mortgage. Without your help we would've lost our home. I would recommend your services to everyone needing a mortgage.
Get a decision in principal on a mortgage - complete our simple application form.