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Mortgage Advice in Westminster

Damian Youell

Damian Youell

Are you in need of Mortgage Advice in Westminster?

I offer a highly efficient, friendly, yet professional mortgage broker service for clients in and around the Westminster area. Clients use me for simple mortgages, such as straightforward purchases or for much more complex cases, such as multiple buy-to-let remortgages and onward purchases. I have helped many clients who have been more than happy with the service I offer.

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

Mortgage Broker in Westminster

Westminster, located in central London, is one of the city’s most historic and iconic districts. Home to famous landmarks such as the Houses of Parliament, Buckingham Palace, and Westminster Abbey, the area attracts visitors from around the world. But Westminster is more than just a tourist destination. It’s also a vibrant residential and commercial district with a thriving property market.

If you’re looking to buy a property in Westminster, you may want to consider working with a mortgage broker. A mortgage broker can help you navigate the complex and competitive property market in the area, and find the best mortgage product to suit your needs and budget.

At our Mortgage Broker in Westminster, we offer a range of mortgage products and services designed to help you buy your dream home in this iconic London borough. Whether you’re a first-time buyer or a seasoned property investor, our team of experienced mortgage brokers can provide you with the support and guidance you need to make informed decisions about your property purchase.

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

FAQs

What is a mortgage broker?

A mortgage broker is a professional who acts as an intermediary between borrowers and lenders, helping clients find the best mortgage products to suit their needs and budget. Mortgage brokers can provide advice and guidance on a range of mortgage-related matters, including interest rates, fees, and eligibility criteria.

Why should I work with a mortgage broker in Westminster?

Working with a mortgage broker in Westminster can be beneficial for a number of reasons. Brokers have a deep understanding of the local property market and can provide you with valuable insights and advice on buying property in the area. They can also help you navigate the complex and competitive mortgage market, saving you time and money in the process.

What types of mortgage products are available through a mortgage broker in Westminster?

Mortgage brokers in Westminster can offer a range of mortgage products, including fixed-rate mortgages, variable rate mortgages, buy-to-let mortgages, and more. They can also help you access exclusive deals and discounts that may not be available to the general public.

How do I work with a mortgage broker in Westminster?

To work with a mortgage broker in Westminster, you’ll typically start by scheduling an initial consultation to discuss your needs and goals. From there, your broker can help you find the best mortgage products to suit your needs, submit your application, and manage the process through to completion.

How much does it cost to work with a mortgage broker in Westminster?

The cost of working with a mortgage broker in Westminster can vary depending on the broker and the services they provide. Some brokers may charge a flat fee, while others may work on a commission basis. It’s important to discuss fees and costs upfront with your broker so you have a clear understanding of what to expect.

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

Yes, a mortgage broker in Westminster can help you find mortgage products even if you have bad credit. They can work with lenders who specialize in offering mortgages to those with less-than-perfect credit, and help you improve your credit score over time.

Check Our Equity Release Mortgages Section