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Mortgage Advice in St Albans

At our mortgage broker firm, we provide a top-notch, efficient, and friendly service for clients in the St Albans area and beyond. Our team of experts can help you with simple mortgages like a straightforward purchase, as well as more complex cases such as multiple buy-to-let remortgages and onward purchases. Our clients have been extremely satisfied with the professional service we provide. Contact us today to discuss your mortgage needs and see how we can assist you!

Damian Youell

Damian Youell

Are you in need of Mortgage Advice in St Albans?

Throughout my years in the mortgage broker industry, I have established a diverse client base from various areas within St Albans, including but not limited to Park Street, Frogmore, London Colney, Bernards Heath, Oaklands, Tyttenhanger, and Sandridge.

St Albans is a historic city in Hertfordshire, located just 20 miles north of London. It has a rich history that dates back to the Roman era, and was once a major centre for the production of wool and textiles in the Middle Ages. Today, St Albans is a vibrant and thriving city, with a bustling high street, a wide range of shops and restaurants, and a lively arts and culture scene.

One of the most iconic landmarks in St Albans is the St Albans Cathedral, which dates back to the 8th century and is considered one of the most important examples of Norman architecture in England. The city also boasts a number of other historic buildings and sites, including the Verulamium Museum, which showcases the rich history of the Roman city of Verulamium, which once stood on the site of modern-day St Albans.

St Albans is also known for its excellent schools, with a number of prestigious private and state schools located in and around the city. This has made it a popular destination for families with young children, who are drawn to the high quality of education on offer.

Despite its historical roots, St Albans is a modern and thriving city with a strong economy and a diverse population. It is well-connected to London and other major cities in the UK, making it a popular choice for commuters and businesses alike.

If you are looking to buy a property in St Albans, you may want to consider using a mortgage broker to help you find the right mortgage deal. A mortgage broker can offer expert advice and guidance to help you navigate the complex world of mortgages and find the best deal to suit your individual circumstances. In this article, we will explore the benefits of using a mortgage broker in St Albans and how they can help you secure the perfect mortgage for your dream home.

A Few of our Reviews

Damian Youell

Feel Free To Start WhatsApp Chat With Us...

How We Work

1: We contact you and take down your details, income outgoings, name, address etc.

2: We will research the whole market and email you a detailed quote as well as a list of documents to proceed.

3: You upload the documents and information needed via our channel our online portal.

Feel Free to Contact Us

Efficient Easy to Understand Process..

The first step in the mortgage advice process is for us to have a brief initial chat. You can ring us on free phone 0800 612 3367. We can then have a few minutes of chat to work out whether what you are trying to do is possible. At this stage, only a brief outline of what you are trying to do is covered. If you are at work and cannot make a call you can contact us via email to have a discussion about what you are trying to achieve. At this stage, it may be that what you are trying to do is not possible for example if you have no deposit or not enough income. However, in most cases, we can help and then we will arrange a convenient time to call you to go through things in more detail.
Once we have determined that I can help you then I need to find out hard and soft facts about you so I can begin to formulate solutions. Areas I need will cover basic details like full names and addresses, date of birth, employment status and income. Other areas will include your credit commitments and outgoings. Lastly we will talk about the mortgages you want what deposit you have, what your budget is, what type of interest rate you would prefer. We will also look at what protection solutions you have in place and how whether or not these will be suitable for your new mortgage. We will discuss time scales and when you are looking to move with the solution and then agree a time when I will email the figures to you.
The detailed mortgage figures will enable you to know two things. Firstly that what you are looking to achieve is definitely doable. Secondly, you can look at the figures and work out whether the payments are affordable and thus the idea feasible. Included in the top of the email is a summary of what we discussed and a brief overview of the deposit, loan etc. The middle section details the mortgage figures such as the interest rate, term, monthly payment, fees and charges etc. This information is also attached in the form of a key fact illustration. The bottom of the email lists all the items that would be required in order to proceed with the application such as payslips, passports, and bank statements so you can prepare these for our home visit.
The final step is for me to pop out to see you scan any of the required documents that the lender requires. Typically payslips, bank statements, passports, and address ID will be required. Other information such as the address of the property you are buying, the name of the estate agents you are buying through, the name of a solicitor you want to use etc will need to be gathered. Once this is complete then I will fill in the application form on your behalf and deal with the lender throughout the whole process until the mortgage has been completed.

Types of Mortgages Offered

First Time Buyers

I offer expert advice and house buying guidance for those first time buyers looking to get on the housing ladder. The mortgage process can seem confusing for first time buyers and having someone to explain the complex jargon in easy to understand language can simplify the process. Many first time buyers only have small deposits and therefore shopping around to get the best deal from the whole mortgage market is important. As well as the mortgage itself helping first time buyers take advantage of the various protection policies that are available and helping them choose the right solution for their own situation is important. Ensuring that the lender offered to the first time buyer is the right one and that the applicant fits all the lenders criteria is taken care of by myself.
Meet Our Specialist Mortgage Broker

Equity Release Lifetime Mortgages

Equity Release is a product which allows you to unlock cash from the value of your loan. One of the popular Equity Release Product is a Lifetime Mortgage. Lifetime mortgages are designed for people who want to release equity in their property and use the money to pay off other debts or simply enjoy life without worrying about repaying the mortgage. The main benefit of this type of mortgage is that it can be used as an alternative to paying off debt, such as credit cards or personal loans. The interest on these types of products will typically be lower than standard variable rate mortgages. We now have a dedicated adviser who specialises in equity-release mortgages. If you are age over 55 and need equity release for home improvements, paying off an interest-only mortgage, a gift to family or another reason for equity release then feel free to contact us.
Meet Our Equity Release Broker

Buy to Let Mortgages

Many clients that I see these days either already have buy to lets or are quite keen to get their own first time buy to let mortgages. The high street doesn’t really offer much choice when it comes to buy to let mortgages. Many of the high street lenders have their own specialist lender for buy to lets such as The Mortgage Works or Birmingham Midshires. These lenders are often only available through intermediaries such as mortgage brokers. Many of the buy to let lenders have criteria that is hard for clients to match and thus comparing lots of lenders and knowing each lenders criteria is sometimes the only way a client can get a mortgage agreed.
Meet Our Specialist Mortgage Broker

Remortgages

Many clients I see often just want to remortgage to get a better interest rate. Others want to move the mortgage from interest only to a capital and interest repayment mortgage. Others want to release equity from their homes to do home improvements, give family a deposit, raise funds to buy another property, divorce settlements and a host of other reasons. Again comparing the whole mortgage market’s rates and lending criteria helps my clients get the right mortgage for their unique circumstances.
Meet Our Specialist Mortgage Broker
Damian Youell

Feel Free To Start WhatsApp Chat With Us...

How We Work

1: We contact you and take down your details, income outgoings, name, address etc.

2: We will research the whole market and email you a detailed quote as well as a list of documents to proceed.

3: You upload the documents and information needed via our channel our online portal.

Feel Free to Contact Us

Check Our Equity Release Mortgages Section

FAQs

What is a mortgage broker and why do I need one in St Albans?

A mortgage broker is a professional who can help you find the right mortgage deal for your individual circumstances. They have access to a wide range of lenders and mortgage products, and can offer expert advice and guidance to help you navigate the complex world of mortgages. By using a mortgage broker in St Albans, you can save time, money, and hassle, and ensure that you get the best possible deal for your dream home.

How much does a mortgage broker in St Albans charge for their services?

The fees charged by mortgage brokers in St Albans can vary depending on a number of factors, including the complexity of your case and the size of your mortgage. However, most mortgage brokers will charge a fee of around 1% of the total mortgage amount, although this can vary depending on the broker and the specific services they provide. Some brokers may also receive commission from lenders, which can be factored into their overall fees.

How do I choose the right mortgage broker in St Albans?

When choosing a mortgage broker in St Albans, it’s important to do your research and choose a broker who has experience in your specific circumstances. Look for a broker who is regulated by the Financial Conduct Authority (FCA), and who has a good reputation in the local area. You should also ask for references from previous clients and read online reviews to get an idea of their track record.

Can a mortgage broker in St Albans help me if I have bad credit?

Yes, a mortgage broker in St Albans can still help you find a mortgage deal even if you have bad credit. They will be able to advise you on the best lenders to approach, and may be able to negotiate on your behalf to secure a better deal. However, it’s worth noting that having bad credit may limit your options and could result in higher interest rates or fees.

What documents do I need to provide to a mortgage broker in St Albans?

When working with a mortgage broker in St Albans, you will need to provide a range of documents to support your application, including proof of income, bank statements, and identification documents. Your broker will be able to advise you on exactly what documents you need to provide based on your individual circumstances.