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Moving Home

Moving Home Free Residential Mortgage Advice

Choosing the right mortgage can sometimes be confusing. With a variety of different options available on the market it is hard to find a deal that exactly matches your circumstances and budget.

This is the same process as when you bought your first home, with additional costs to cover the estate agents and solicitors fees. You will also still have stamp duty, survey fees and removals costs.

You can take the deposit from the equity in your current property or from savings if you sold your home some time ago.

If you are looking for free residential mortgage advice, contact Warren & Co today.

Moving Home Free Mortgage Advice

Your Local Mortgage Advisors

Deposit

There is no set amount required for a deposit, but options such as shared ownership or gifted deposits from family can be considered. Remember to budget for additional costs like solicitor’s fees, stamp duty, surveys, and home furnishings.

Income and Affordability

If your income falls short, consider Guarantor Mortgages or Joint Mortgages with family members. These can enhance your borrowing capacity.

Agreement in Principle

An Agreement in Principle is essential when house hunting. It involves a credit check, so seek advice to avoid unnecessary hard credit footprints. Contact us or complete our online form to arrange one.

Mortgage Application

After your offer is accepted, proceed with the full mortgage application. We offer electronic application forms and appointments with our expert advisors.

Property Valuation

Lenders will carry out a valuation to ensure the property is suitable security for the mortgage. Types of valuations include:

Basic Mortgage Valuation: Basic sale price and major issues.
HomeBuyers Report: Common survey detailing defects and maintenance.
Building Survey: Comprehensive report for older or heavily altered properties.

Exchange and Completion

Solicitors manage the process from offer to exchange and completion. Contracts are legally binding after exchange, and completion involves transferring funds and obtaining keys.