mortgage broker oldham
Damian Youell

Damian Youell

Are you in need of Mortgage Advice in Chester?

Over the years I have built up clients from lots of areas within Chester. Areas include Great Boughton, Christleton, Upton, Saltney, Huntington, Moston and Blacon.

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.
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

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.
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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- Mortgage Broker Chester

Can I get a mortgage broker in Chester?

Yes, you can get a mortgage broker in Chester. However, it is important to find one that has experience in your area as this will help them understand what type of loan you are looking for. They should also be able to provide you with all the information you require about mortgages.

How long does it take to get a mortgage approved in Chester?

It depends on how much deposit amount you have and whether or not you have any other debts. The longer you have been living at your current address, the more likely you are to qualify for a home loan. If you have no credit history then it may take longer than if you have had previous loans. It is always best to speak to a lender to see exactly how long it takes to get a mortgage approved. We would suggest checking your credit score before starting your mortgage application in Chester.

How do I choose a good mortgage broker in Chester?

You want someone who is experienced in dealing with mortgage lenders. You also want someone who understands the market and is familiar with the products available. A good mortgage broker will be able to advise you on which product suits your needs.

How much should you expect to pay a mortgage broker?

The cost of getting a mortgage varies depending on where you live. In some cases, you could save money by using a mortgage broker. Some brokers charge a fee but others don’t. This is something you will need to discuss with your broker when they start working on your application.

What happens after I apply for my first mortgage in Chester?

Once you have applied for your first mortgage, you will receive an offer letter. This will outline everything you need to know about the loan including the interest rate, repayment period and fees. You will then need to decide whether or not you accept the offer. If you do, you will sign the contract and make a payment towards your mortgage. If you don’t, you won’t lose anything. You just have to wait until another day to try again.

Do I need a guarantor for a mortgage in Chester?

If you have a partner or family member willing to act as a guarantor, you can use their name instead of yours. Your guarantor will need to meet certain criteria before being accepted. For example, they must be over 18 years old and have a stable income. They will also need to show proof of their identity and address. You can read more about Guarantor Mortgage on our website.

How do I repay my mortgage in Chester?

If you are paying off a mortgage in Chester, you will usually make monthly payments. These payments will be made directly into your account. There are different types of accounts such as fixed term, variable rate and tracker. Each of these accounts has its own set of rules. Make sure you read through the terms and conditions so you know what you are signing up for.

Can I buy a property without a deposit in Chester?

This is possible but it depends on your circumstances. If you have saved enough money, you might be able to purchase a house outright. However, there are many factors involved in making this decision. For example, you will need to check out the local housing market and assess whether or not you can afford the price. You will also need to consider the size of the property and whether or not you can fit all your belongings inside it.