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Mortgage Advice in Torfaen

Nestled in the heart of South Wales, Torfaen is a vibrant and diverse region known for its rich industrial history, breathtaking natural beauty, and a strong sense of community. From the bustling town of Cwmbran to the historic mining village of Blaenavon, the area offers something for everyone, whether you are looking for urban convenience or rural tranquillity.

For those seeking to make Torfaen their home, the process of securing a mortgage can be a daunting one. With so many options available, it can be difficult to know where to start. That’s where the services of a qualified mortgage broker can be invaluable. With their expertise and guidance, you can navigate the complexities of the mortgage market and find the right solution for your needs and budget.

In this article, we will explore the world of mortgage brokers in Torfaen, examining the services they offer, the benefits of working with a broker, and how to choose the right broker for your needs. Whether you are a first-time buyer or a seasoned investor, this guide will provide you with the information you need to make informed decisions and achieve your property goals in Torfaen.

Damian Youell

Damian Youell

Are you in need of Mortgage Advice in Torfaen?

For several years, we have been providing our services to clients in the Torfaen region, covering a wide range of areas including Cwmbran, Sebastopol, Pontypool, Pontnewynydd, Blaenavon, New Inn, and Ponthir.

A Few of our Reviews

Damian Youell

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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

Check Our Equity Release Mortgages Section

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

FAQs

What is a mortgage broker?

A mortgage broker is a professional who acts as an intermediary between borrowers and lenders. They work with clients to find the most suitable mortgage products for their needs and help them navigate the application process.

What services do mortgage brokers in Torfaen offer?

Mortgage brokers in Torfaen offer a range of services, including advice on mortgage products, help with the application process, and assistance with securing the best possible mortgage rates and terms. They can also provide guidance on related services such as property surveys, conveyancing, and insurance.

Why should I use a mortgage broker in Torfaen?

Using a mortgage broker can offer several benefits, including access to a wider range of mortgage products, expert advice and guidance, and potentially better rates and terms than you would be able to secure on your own. A mortgage broker can also save you time and effort by handling much of the administrative work involved in the mortgage application process.

How much does it cost to use a mortgage broker in Torfaen?

The cost of using a mortgage broker in Torfaen can vary depending on the services provided and the broker’s fee structure. Some brokers charge a flat fee, while others receive a commission from lenders. It’s important to clarify any fees and charges with your broker upfront.

How do I choose a mortgage broker in Torfaen?

When choosing a mortgage broker in Torfaen, it’s important to consider factors such as their experience and qualifications, their track record of success, and their communication style and approach to customer service. You may also wish to seek recommendations from friends and family or check online reviews before making a decision.