Fast & Friendly Mortgage Advice in Durham
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We love helping customers who really need Mortgage Advice in Durham - it's not just about finding a mortgage, we will hold your hand through the full process.
To speak with a mortgage advisor, book your FREE mortgage appointment online or give us a call on 0191 303 9786.
Book OnlineTo speak with a mortgage advisor, book your FREE mortgage appointment online or give us a call on 0191 303 9786.
We love helping customers who really need Mortgage Advice in Durham - it's not just about finding a mortgage, we will hold your hand through the full process.
Book Online5.00 Rating13 Reviews
Duncan
Professional all the way. Excellent advice from Wayne followed by excellent administration by Anna to complete the transaction. Would recommend.
2 months ago
Martin
Excellent Staff and Service, I would definitely use them again They were very helpful all through the process of my remortgage providing me with the best deal and assisting with any issues or concerns i had, very prompt on replies to my calls and...
1 year ago
Kayleigh
Joe and Chloe have been so helpful sorting out our remortgage. They did all the hard work. I would highly recommend Durham Money Man to anyone! Fab job guys!
1 year ago
Karen
Was very professional and very helpful.
1 year ago
Anonymous
We are very pleased with the service we received. Everything was very simple and the mortgage brokers done everything for us. The mortgage deal they found was significantly less than any we could find ourselves, so it's worth paying the broker fee...
2 years ago
Niall
Fantastic service! Amazing advice and guidance throughout my mortgage application. Would recommend Durhammoneyman to anyone!
2 years ago
Sarah
Durhammoneyman have been an absolute lifesaver in helping me to get a mortgage. Their support, advice and assistance throughout the process has been above and beyond what I could have expected. Without them I would not have been able to navigate...
2 years ago
Donna
I cannot fault the service I have received from Leo, Wendy and the team. They have made a potentially stressful process very easy, offering support and guidance throughout. I would recommend this team to anyone in need of mortgage advice. Thank...
3 years ago
Sandra
Matt was first of all hugely understanding and quite reassuring in what I knew would prove a difficult task! Under 2 years self employment history, trying to gain a second family home without selling the first and possessing a buy to let which also...
3 years ago
Louis
I had a complex situation and I was nervous about the whole thing. Chris worked his magic and got me a mortgage offer within 2 weeks. I was amazed. Working full time I found the evening appointments terrific.
4 years ago
Michelle
Thank you to Laura and Matt who worked seamlessly to get my remortgage offered. I’m really happy with my new deal, much better rate than what my bank were offering.
4 years ago
Mary
My mortgage broker was easy to get hold of and efficient. Overall my experience was good value for money. As a first time buyer I felt I had support throughout my purchase.
4 years ago
Daniel
We rang these guys when we had been promised a mortgage by our Bank who then changed their minds. To be honest we didn’t know whether or not we’d be able to get a mortgage but during the first call with Durham Moneyman we felt they understood...
4 years ago
- Mortgage Advice
- Why Us?
Mortgage Advice in Durham by an Expert Mortgage Broker in Durham
Welcome to Durhammoneyman, the online home for open and honest mortgage advice in Durham and surrounding areas, brought to you by a trusted, expert mortgage broker in Durham.
Our team here will always work hard to provide our customers with high levels of service when they enquire for mortgage advice in Durham, all throughout the week, from early until late.
No matter if you are a first time buyer in Durham taking on the mortgage process for the first time, an existing homeowner looking at moving home in Durham or taking out a remortgage in Durham, we believe that the service ou mortgage advisors in Durham provide will be of a benefit to you.
You may even be a current or budding landlord in the market for buy to let mortgage advice in Durham.
If this is your situation, we have dedicated mortgage advisors in Durham who are always ready, willing and able to help you make your way towards achieving property purchase and portfolio success!
Our Mortgage Advice Service in Durham
Our team of mortgage advisors in Durham always do their very best to help you overcome any mortgage hurdes that come your way, in order to make sure you have a clear path to achieving mortgage success!
Whilst mortgage success can unfortunately never be guaranteed, our dedicated mortgage advice team in Durham will work hard to advise on how to best approach the process and look at alternative routes for you if appropriate to do so.
It’s our job to take care of you during your mortgage advice process and home buying journey.
We’ll carry you through each step, on your way to mortgage completion and even beyond.
As an experienced mortgage broker in Durham, we have access to an array of mortgage deals, looking at your personal and financial situation in order to make sure we find the most suitable mortgage deal for you.
If you are ever unsure of anything during your mortgage process, do not hesitate to ask your mortgage advisor in Durham.
We believe in a transparent service and will keep you informed all throughout.
To take a closer look at why customers like you, chose the expert services of Durhammoneyman, feel free to take a look at our brilliant customer reviews.
They are a glowing reflection of why mortgage advice in Durham is so beneficial ahead of your mortgage journey.
Mortgage Advice for New Purchases & Remortgage Advice in Durham
If you are a first time buyer in Durham or you haven’t moved home in a while, we think that you would find our mortgage advice service in Durham extremely useful.
This is because a mortgage broker in Durham, like us, will sort out everything for you, making the home-buying process less stressful and much easier for you.
For current homeowners looking at their options for remortgaging in Durham, we are able to search through thousands of mortgage deals for you to find the most suitable one for your personal situation.
We often find that at remortgage time, our customers like to discuss their potential options for capital raising, with popular scenarios including; raising money for home improvements and paying off credit cards and loans.
It is always our goal to be open and honest, delivering a personalised, down to earth service that respects your needs and works hard to find a mortgage for your dream home.
Get in touch with a mortgage advisor in Durham today to take advantage of our free mortgage appointment.
Why use Durhammoneyman as your mortgage broker in Durham?
Here at Durhammoneyman, our team is here to answer any questions you may have during the whole process.
This means that your mortgage experience with us is more tailored to your individual situation and more personal, the best way to go!
Mortgage Advice in Durham for Complicated Situations
Having been in the mortgage business for years now, there is rarely a situation we haven’t come across before. So even if you feel like your situation is complicated, don’t hesitate to call your expert mortgage advisor in Durham.
You might be self employed in Durham, a company owner, a partner, a contractor or on a probation period with a new employer and are finding it hard to get a new mortgage arranged.
This is where an expert mortgage broker in Durham, like us, will become incredibly handy.
Getting Mortgage Advice in Durham From Your Bank
We normally find that our customers have already approached their bank before they come to us for mortgage advice in Durham.
Also, this will apply to you if you have had credit problems in the past.
You could’ve been bankrupt, have a CCJ and/or had a poor credit score.
We Will Always Do Our Best To Help
We will search through thousands of both residential and buy to let mortgage deals on your behalf, making sure we find you the most suitable mortgage for your situation.
We always recommend having a chat with your mortgage advisor in Durham, before viewing houses with estate agents.
This is because a mortgage advisor in Durham will give you an idea of your budget and get you a mortgage agreement in principle document ready so that you have support for any offers that you make.
A smart option with the mortgage process is to always get ahead of the game and get prepared.
Speaking to a mortgage advisor in Durham will take away all of the stress of last-minute mortgage preparations
You want to be in a great ‘mortgage ready’ position to get ahead of potential competitors and home movers, who haven’t been as organised as you.
Mortgage advice in Durham – Options:
We search 1000's of mortgage deals across a large number of lenders, including:
Common mortgage questions
Your free initial mortgage consultation will roughly last 30-60 minutes. During your consultation, you will get the opportunity to speak with a Mortgage Advisor in Durham. They will ask you some questions regarding your mortgage needs and personal and financial situation.
This will then allow them to go and search for the perfect mortgage deal for you. They will always try and pick out the deal that will benefit you most.
Typically, for a mortgage, you are going to need a minimum of 5% of the property’s purchase price. If you have had credit problems in the past, lenders may ask for a higher percentage. This could be anywhere between 10%-15%.
Firstly, we will get you to fill out our Fact Find to learn a little more about your mortgage situation. Then we will get you booked in for your free mortgage consultation to learn even more about your mortgage needs. After your consultation, we will arrange a mortgage Agreement in Principle for you within 24-hours.
Then it’s over to you to find your dream home and make an offer. Once you’re ready to proceed and you’re happy to take up the mortgage product that we’ve recommended, we can get your mortgage application prepared!
After your 30 minute free mortgage consultation, we will be able to search for mortgage products on your behalf. In the meantime we will also arrange an Agreement in Principle within 24-hours. When you are ready to make an offer on a property and want to take up our mortgage product, we will begin planning your mortgage application. Once your application is submitted, a formal offer will take about 3 weeks on average.
You will need to provide a variety of documents to support your mortgage application. You’ll be asked to hand in your photographic ID, bank statements, latest P60 and a couple more things.
If you’re Self Employed, you may need to provide 2 years of accounts’.
Just because you are Self Employed doesn’t mean that you can’t get a mortgage, although, it may be a little more difficult.
As a Self Employed mortgage applicant, you will have to submit at least one year’s accounts. Mostly, lenders will use your salary plus dividend to calculate the maximum mortgage amount that you’ll be able to borrow, whereas others will go off your net profit.
If you’ve suffered from bad credit in the past, you may be required to put down a higher deposit than usual. This could be somewhere between 10%-15% of the property’s purchase price.
We always recommend obtaining an AIP as soon as possible. Preferably, you want to have one in place prior to viewing houses in Durham. You may be allowed to negotiate prices if you have an AIP in place when you are viewing houses.
There a various reasons why someone may want a second mortgage. People may want to consolidate their debts into their mortgage, want to improve their home or journey into the world of Buy to Lets. Whatever your reason is for wanting a second a mortgage, you should get in touch with a Mortgage Broker in Durham like us.
Your Agreement in Principle should last around 30-90 days. This timeframe could change depending on the lender that you use. If your Agreement in Principle expires, you can easily refresh it by approaching a Mortgage Broker in Durham like ourselves.
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