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Mortgage Advice in Chelmsford

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

Damian Youell

Damian Youell

Are you in need of Mortgage Advice in Chelmsford?

Over the years, we have built up a clientele from various areas within Chelmsford. These areas include Chelmer Village, Great Baddow, Writtle, Broomfield, Newney Green, Howe Green, and Margaretting.

Getting a mortgage broker in Chelmsford is a complicated process because of the different types of lenders available. With so many options, it can be difficult to find the right lender for your needs. However, a mortgage broker in Chelmsford is an invaluable asset when it comes to finding the perfect mortgage option for you.

A reputable mortgage broker will assess your financial situation and recommend appropriate lenders that best suit your requirements. This could include banks, building societies or private lenders. The broker will negotiate on your behalf with any potential lenders to secure the best mortgage deal for you.

Chelmsford is located in the East of England and is home to a variety of lenders. The city has some of the lowest mortgage rates in the region, so choosing a mortgage broker in Chelmsford will ensure you get the best deal available.

Your mortgage broker should be able to advise on other aspects of your loan too, such as any additional fees or charges that you may need to pay, and any applicable rules and regulations. They can also provide insight into the current market conditions and where you might find the best deal.

Using a mortgage broker in Chelmsford will give you access to a range of lenders, ensuring that you get the best deal for your needs. It is important to choose a reputable broker with experience in helping clients secure the right mortgages for their situation.

Can I get a mortgage broker in Chelmsford?

Yes, you can get a mortgage broker in Chelmsford. Many brokers have extensive experience in the local market and are well-versed in the different types of mortgages available. The best way to find a good broker in Chelmsford is by asking friends and family for recommendations or doing some research online.

When looking for a broker, it’s important to check their qualifications, any professional memberships and their reviews. Additionally, you should ask for a quote before signing up to any agreement.

Is it worth paying for a mortgage broker in Chelmsford?

It is definitely worth paying for a mortgage broker in Chelmsford. As they are experts in the field, they can offer invaluable advice and guidance when it comes to finding the right lender and securing the best deal. Additionally, they have access to a wide range of lenders and can negotiate on your behalf to get you the most advantageous terms. By using a broker, you also save yourself time and effort when it comes to researching lenders and comparing rates.

Does it cost anything to talk to a mortgage broker?

No, it does not cost anything to talk to a mortgage broker in Chelmsford. Most brokers will offer a free initial consultation or quote so you can discuss your requirements and find out which lenders are suitable for you. However, some brokers may charge a fee after the initial consultation, depending on the scope of work they need to do. This fee is usually taken out of the commission they receive when they secure the best mortgage deal for you.

Is it difficult for first-time buyers to get a mortgage in Chelmsford?

It is not particularly difficult for first-time buyers to secure a mortgage in Chelmsford. Many lenders are willing to offer attractive rates and terms to those who are new to home ownership. The key is to compare offers and find the best deal available. A qualified mortgage broker in Chelmsford can help you do this by assessing your financial situation, researching lenders, and negotiating the best terms for you.

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

Check Our Equity Release Mortgages Section

About The Author

mortgage broker damian youell

See some of Damian’s client reviews below

Damian is an experienced mortgage broker, founder of NeedingAdvice.co.uk Ltd and company director. With over a decade working as a mortgage broker he has a strong understanding of hard to place mortgage cases. With hundreds of 5 star client reviews. hundreds of repeat clients his work speaks for himself.

He started NeedingAdvice.co.uk as a one man band with the philosophy of putting clients needs ahead of his own. This ethos of offering excellent customer service has helped the business grow over the years. He gets satisfaction on getting cases pushed through to offer stage where other mortgage broker and companies have failed.

Throughout his time as an adviser he has carved out a niche area of advice helping clients with their business protection requirements too. Having helped hundreds of client with Relevant Life Policies, Shareholder Protection Insurance, Keyperson Policies and other important protection requirements of large to small businesses.

At home he is a family man and likes to spend his time with his four children and wife Lisa. He enjoys going on holidays spending time with friends and going for walks.