Welcome to Durhammoneyman, your home of trusted, expert mortgage advice in Durham.
Our team is committed to making the home buying and remortgaging process stress-free and straightforward.
To speak with a mortgage advisor in Durham, book your FREE mortgage appointment online.
Welcome to Durhammoneyman, your home of trusted, expert mortgage advice in Durham.
Our team is committed to making the home buying and remortgaging process stress-free and straightforward.
Whether you're a first time buyer in Durham embarking on the mortgage journey for the first time, an existing homeowner considering a move within Durham, or exploring a remortgage in the area, we are confident that the services offered by our mortgage advisors in Durham will prove beneficial to you.
For those interested in buy to let opportunities in Durham, our dedicated team is well-versed in the intricacies of the buy to let mortgage market. Whether you're a professional landlord or a budding investor, we can provide tailored advice to help you make informed decisions and build a successful property portfolio.
No matter your situation, our mortgage advisors in Durham are ready, willing, and able to assist you on your journey toward achieving property purchase and portfolio success. Book a free mortgage appointment today to explore the possibilities and take the next steps toward securing your financial future.
Our team of dedicated mortgage advisors in Durham is committed to guiding you through any hurdles that may arise on your path to securing a mortgage.
While we can't guarantee mortgage success, our experienced team will work tirelessly to provide trialored mortgage advice in Durham, exploring alternative routes when necessary. Your mortgage journey is our priority, and we're here to support you at every step, from advice to completion and beyond.
Being established as a trusted mortgage brokers in Durham, we have access to a diverse range of mortgage deals. By carefully assessing your personal and financial situation, we strive to search 1000's of products, to find the most suitable mortgage deal tailored for you.
If you ever find yourself unsure during the mortgage process, don't hesitate to reach out to your dedicated mortgage advisor in Durham. We believe in transparency and will keep you informed throughout the entire journey.
Curious about why customers like you choose Durhammoneyman? Explore our glowing customer reviews to see firsthand how our expert services have made a difference in the mortgage journeys of others. Discover why mortgage advice in Durham is so beneficial as you embark on your own mortgage adventure.
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.
Often, our customers approach their own bank before contacting us for mortgage advice in Durham. The most common reasons for being turned away from the bank are not fitting criteria/tight affordability, can’t get an appointment, or you simply aren’t able to borrow enough.
If you are in one of these situations then it is important to speak to a mortgage broker in Durham, like us who would love to try and help you! The earlier you get advice from a broker, the better position you will be in when you decide it’s time to secure a mortgage deal.
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.
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, or if you've been bankrupt, have a CCJ and/or had a poor credit score.
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.
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!
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.
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.
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.
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.
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%.
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.
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.
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’.
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.
Regulatory Information
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 9 Gallows Lane, Beverley, United Kingdom HU17 7FJ.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows
The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk
Speak to an Advisor – It’s free!
7 Days a Week, 8am – 10pm