mortgage broker oldham

Mortgage Advice in Carmarthenshire

Damian Youell

Damian Youell

Are you in need of Mortgage Advice in Carmarthenshire?

We, at needingadvice.co.uk ltd, offer a highly efficient, friendly, yet professional mortgage broker service for clients in and around the Carmarthenshire area. Clients use us for simple mortgages such as a straightforward purchases or for much more complex cases such as multiple buy-to-let remortgages and onward purchases. We have helped many clients who have been more than happy with the service we offer.

Carmarthenshire is a county in South Wales that boasts a rich history and diverse landscape. Known for its breathtaking scenery, from rolling hills and lush valleys to stunning coastlines, Carmarthenshire is a popular destination for nature enthusiasts and history buffs alike. The county’s largest town, Carmarthen, is steeped in tradition and boasts an array of historical sites, including the ruins of a Roman amphitheatre and a Norman castle. With a thriving arts and culture scene, numerous outdoor activities, and an abundance of locally produced food and drink, Carmarthenshire has something to offer visitors and residents alike.

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

A Few of our Reviews

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

FAQs

What is a mortgage broker and how can they help me in Carmarthenshire?

A mortgage broker is a professional who helps individuals and businesses to find the right mortgage for their needs. They have access to a wide range of lenders, meaning that they can search the market and compare products to find the best deal for you. They are also able to provide advice on what type of mortgage product would be most suitable for your circumstances, as well as offer guidance on the application process.

How do I choose a reliable mortgage broker in Carmarthenshire?

Choosing a reliable mortgage broker in Carmarthenshire can be a difficult task. It is important to ensure that any broker you choose is regulated by the Financial Conduct Authority (FCA) . This will ensure they have met certain standards and are authorised to provide advice and services.

Before choosing a mortgage broker, it is also important to research the company’s reputation and read reviews and testimonials from past clients. This will give you an idea of their level of experience and customer service.

Can a mortgage broker help me find the best mortgage deals in Carmarthenshire?

Yes, you can get a mortgage broker who can help you to find the best mortgage deals.

How much does it cost to use the services of a mortgage broker in Carmarthenshire?

The cost of mortgage services can help you to find the best mortgage deals in Carmarthenshire but can vary depending on the size of your loan, the complexity of your situation and whether you require advice or just access to products. Generally, a fee is charged for arranging a mortgage or for advice, but this is often negotiable and may be waived if you meet certain criteria.

Do I have to pay a fee for mortgage advice from a broker in Carmarthenshire?

Yes, you may be charged a fee for mortgage advice from a broker in Carmarthenshire. The cost of the service will depend on the size of your loan and the complexity of your situation. Many brokers charge an initial fee for arranging a mortgage and this is often negotiable. However, there may also be additional fees for providing advice or accessing certain products. If you meet certain criteria, the fee may be waived.

How can a mortgage broker help me if I have a bad credit history?

A mortgage broker can help you if you have a bad credit history by finding lenders who are willing to offer mortgages to people with poor credit. They can also provide advice on how to improve your credit score and help you understand the types of mortgages available to you. A good mortgage broker will be able to explain the different options available, as well as any restrictions or fees that may apply. Additionally

Can a mortgage broker in Carmarthenshire help me with a buy-to-let mortgage?

Yes, a mortgage broker in Carmarthenshire can help you with a buy-to-let mortgage. They can provide advice on the types of buy-to-let mortgages available to you and help you compare products to find the right one for your needs. A broker will also be able to explain any restrictions or fees that may apply, as well as provide guidance on how to complete the application process.