Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Buy to let and commercial mortgages are not regulated by the Financial Conduct Authority.

Mortgages

Sifting through the maze of mortgages can be a daunting task for most people. Our large mortgage panel, will first understand your specific requirements and your financial situation, then come up with the options for you. 

At Allerton Mortgages we respect your privacy and the confidentiality of your personal information. Please find full details by clicking on the link below:

CUSTOMER PRIVACY

 

Mortgage types vary depending on your situation. We can provide a mortgage for:

  • First-time-buyer
  • Home mover
  • Second home
  • Re-mortgage
  • Buy-to-let
  • Let-to-buy
  • Right-to-buy
  • Further advance
  • Interest only
  • Capital repayment
  • Part interest & part repayment
  • Auction property funding
  • Commercial funding (via referral to a master broker)
  • Development funding
  • And more funding types are available

There are numerous  interest rates & different tie in terms available.

  • Fixed Rate
  • Tracker Rate
  • Flexible Rate
  • Variable Rate
  • Capped Rate
  • 2 year deal
  • 3 year deal 
  • 5 year deal

 

Depending on your personal circumstances such as your attitude to risk, budgeting preferences, family situations, future plans and more. A mortgage adviser can identify and make the most appropiate recommendation.

 

  • Free valuation and legal fees are available on many of our re-mortgage products subject to your financial status.
  • Exclusive mortgage products can offer you cash back towards legal expenses and valuation fees.

 

More ways we can help.

  • Employed for 3 months or less.
  • Small deposits such as 5%.
  • Self employed.
  • Adverse credit such as CCJ’s, defaults, missed payments.
  • Retired looking for a new mortgage. Mortgages upto ages 85 are available subject to affordability requirements.
  • Income stretches to buy your dream home.
  • Current and new landlords.
  • Portfolio landlords.
  • Raising capital for a home extension.
  • Debt consolidation.
  • Buying  a second property or maybe a holiday home.
  • Maybe you just want to know your options and are looking to buy in the future.

We want to help you & provide you with a mortgage that fits these circumstances and many other.

 

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Product fees & redemption fees.

Mortgage products can have high & low product fees as well as high & low redemption penalties. Depending on the lender, discount period, rate type, term, credit history and many other financial factors. A mortgage adviser at Allerton Mortgages will make sure you do not pay excessive fees upfront or on mortgage redemption.

 

First-time-buyer mortgages.

First-time buyers need to get a suitable first-time- buyer mortgage that suits their requirements. You can take advantage of our services and professional tie-ups with lenders for the exclusive rates and ongoing support.

  • A deposit as small as 5% will enable you to buy your first home.
  • A free property valuation may be available to first-time-buyer’s subject to your financial status.

 

Remortgaging

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

If you already own a property whose term is coming to the end, or if your financial situation has changed or about to change, it may be prudent to consider shifting the existing mortgage to a new lender, on better terms.

 

Do you have the right to buy?

Our right-to-buy mortgage products will allow you to use your discounted sum from your housing association towards your mortgage deposit. In many cases right to buy clients’s do not need to provide any cash towards their deposit. Mortgage application fees may apply and subject to a property valuation by an approved surveyor.

 

Booking your appointment.

The first step to buying your dream property, remortgaging or becoming a landlord is booking a mortgage appointment. Mortgage consultantions are free and a simple process. Give us a call or email us and we will be happy to assist you. Telephone: 0151 222 5706, email: admin@allertonmortgages.co.uk

 

Getting your mortgage approved.

A decision in principle will be required by any vendor (seller) in order to accept an agreed purchase price of a property. Getting your mortgage approved by a mortgage broker prior to looking for a property should be considered. This allows home buyers to know their budget limits and exactly what they can afford. Mortgage brokers have access to many lenders that can assist in higher property purchase prices if required and assist in many other scenarios. Getting the most appropriate mortgage advice from a mortgage adviser makes sure the correct mortgage product is selected. It is prudent to consider all aspects of a mortgage and should be priority to all home buyers.

 

What documents are required to support your application?

 

Proof of your identity and address

We support the Proceeds of Crime Act and all efforts to eliminate Money Laundering. As Part of this, we need to verify the identity of all our clients. We ask that you provide some original documents containing your name and You must provide at least:

• One proof of identity document – e.g. Passport or Driving Licence
• One proof of address document – e.g. utility bill from last 3 months

 

To support your mortgage application

• Last 3 months consecutive bank statements
• 3 months wage slips or 12 weeks,
•1, 2 or 3 years accounts if self employed depending what lender is used.

 

Souce of deposit

We will have to identify the source of your deposit. (E.g. if from your own savings then your last 12 months bank statements). It maybe equity in your current property in this case no proof is required. You may also need to provide some of the documents below if relevant to you

• A Copy of your credit file
• Self-employed- last 2 years SA302’s
• Current mortgage statement
• State benefits – evidence of any state benefits (letter dated within the last 12 months for each benefit).

• Pension income – if lending into retirement.
• Gift of deposit
• Your current assurance/insurance provisions. If you have home insurance or a life policy a copy of the policy documents showing what cover you currently have.

 

Credit file.

With the increase in identity theft we strongly recommend you obtain a copy of your own credit report. This is to ensure your application is not delayed by uncovering surprises later in the process. It also means that any issues uncovered can be addressed, as it does not mean your application is automatically declined – indeed many lenders have provisions for this type of business. Check the initial and ongoing fees that agencies charge as they can vary. The main agencies to approach are Experian, Equifax, Callcredit, Checkmyfile.

 

You don’t have all supporting documents.

If you do not have access to all supporting documents in time for your appointment, there is no need to worry. This can be discussed with the advisor who can assist you in gathering the remaining details required.  We can still assist you and provide guidance some advice without some of the documentation but it will be required prior to submitting your full mortgage application.