Need help with the large moving home checklist?
We want to help. And so, as well as your mortgage arrangements, we’re here to help with solicitor referrals, sales progression and even removal firm referrals!
Where Should I Start?
Early planning is always the key.
Before you find that dream property, get your finances in order. Knowing how much you can borrow and having a full breakdown of moving costs gives you the confidence to negotiate the sale. It also helps to have your mortgage agreed in principle to show you are a strong and reliable buyer.
What Else Should I Consider?
Be prepared, and give yourself enough time.
Register with estate agents and get to know them, so they tell you when suitable property is coming to the market. Moving home often involves a chain of property sales so good communication is key between your adviser, solicitor and estate agents to progress the sale.
How Can We Help?
We can do ALL that for you!
Whether you have moved on often, or it’s been years since you were last on the property market, we have the expertise to support you all the way. From helping you to find your next mortgage, to guiding you through the process, we’re a reliable, friendly and experienced moving partner.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
Not all borrowing will fit within standard lending
Are you considering an auction property? Looking to build from scratch? Perhaps you’re not sure if you can get a mortgage? We can help.
Where Should I Start?
Start by talking to us!
We highly recommend forward planning – particularly if your project is unusual because of its location, design or funding requirements. We work regularly with specialist lenders, and have access to around 500 different lenders who can help.
What Else Should I Consider?
You should know as much about your projects as possible -
because lenders will want details. So make sure you have designs, planning permissions, surveyors’ reports – anything that can give the lender confidence in your project and in your ability to repay the loan.
How Can We Help?
Did you know some mortgage brokers only work with a selected panel of lenders?
This means they are restricted in the companies they can recommend. Asset Plus has access to specialist lenders not on high street, helping you to find the right fit.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
Knowledge / Understanding / Quality / Aspiration
These 4 key principles underpin all our dealing our philosophy and how we deal with all our customers. Asset + is committed to continual development to maintain and improve your client experience.
KNOWLEDGE Industry Experts
Did you know our team of advisers not only requires industry-regulated qualifications to provide advice, but must complete regular continual professional development to prove their industry knowledge is up to date?
We don’t stop there – we ensure that training is rolled to our administrators too, and encourage them to sit the regulatory exams to further their own development and bring on the next generation of qualified advisers!
UNDERSTANDING Understanding You
We need to know a lot about you.
That includes your financial history so we can see what is affordable and who would consider lending to you.
Then we’ll talk to you about the future so we can help you plan ahead. This means we get to know you really well and become part of your team to help you achieve your dreams.
QUALITY Service Moving with the Times
We use the latest technologies to help us deliver great customer service, and help you send us information and documents quickly, easily and securely.
But technology isn’t everything – it’s really important to us that you can speak to your mortgage adviser on the phone, on a video call or in person whenever you need to – no queues, no call centres. Just your own friendly adviser.
ASPIRATION Dreams into a Reality
We believe in dreams. We know they can come true! And our job is to help you find the way to finance your dream home and future lifestyle.
Whatever you are dreaming about, if it’s property-related, we can help. From your first home to becoming a landlord and even protecting your business, we’re here to be your partner along the way.
Whether, you are considering that next step on the property ladder or have moved multiple times before, the only you can be sure of in the mortgage market is that things change!
Even if you have a good knowledge of this market, don’t waste time with online mortgage calculators, as they will only give you a generic overview of the market. The amount you can borrow is very much dependant on your own individual circumstances. Talk to Asset Plus today for a clear picture of what you can afford.
With a property to sell as well as the search for that dream new home, moving house can be really stressful. So where do you start?
Talking to Asset Plus before you put your own home on the market will give you a clear idea of what you can afford and the cost involved in addition, with our ability to refer solicitors can get things moving fast!
Staying with you existing lender and “porting” your existing mortgage to a new property is certainly an option for most lenders. However given that lenders wish to entice new borrowers by offering competitive initial rates, it pays to consider new lenders when moving house. However, if you are still benefiting from a special rate, to pay off your loan on the sale of your property, could incur early redemption charges. In this instance it may be more cost effective to stay with your existing lender.
Given the large sums of money involved in taking out a mortgage, and in addition to be able to provide a minimum deposit of 5%, lenders will require proof that you can afford to pay the loan. By being able to provide all this information from the start can speed up the application process.
Unfortunately there is not an exact answer to this. Many factors such as buying a leasehold property, being part of a large buying chain or even your vendor not having found a suitable property to move on to, can all cause delays within the home buying process. By using Asset Plus, we will work with you, the solicitors and estate agents every step of the way to get you into your new home as soon as possible.
Having bought before you’re probably familiar with a few of the costs involved: solicitors fees, survey, mortgage arrangement fees, will all have been part of your last purchase. In addition, you will have Stamp Duty and home selling costs. Previously, you had to provide a deposit, but this may not be required this time if you have built up the equity in your existing property.
All these costs are calculated based on your own personal circumstances. Therefore rather than providing generic costs, pick up the phone and have a chat with our advisers to know accurate costs.
The question is not simply why you need a broker but in fact why you need Asset Plus!
As a mortgage broker we will of course review the market to find the most suitable mortgage for your circumstances, but Asset Plus doesn’t stop there. We work closely with your estate agents, and solicitors to ensure you not only get you that suitable mortgage but get you into you new home as smoothly as possible.
No – you can entitled to keep any profits from the sale of your main residence. However any new mortgage rate will be dependant on how much of a deposit you have, with better interest rates offered on new purchases with larger deposits. The maximum borrowing is still 95%.
Yes - your next purchase can be jointly with another party. They will be vetted using affordability checks and credit scoring in exactly the same way.
If the deposit if being funded solely on the sale of your existing property and you wished to protect it, it is advisable to discuss this with you solicitor.
Yes – for many reasons you may wish to borrow additional finds to buy a property or have help to pay fees. Monies received from family can be included with the gift fully declared and documented evidence of where the monies coming from.
As Independent Mortgage Brokers we can access the whole of the market, matching your individual needs with the loans on offer.
What our customers say…
I'm very impressed by the effectiveness of the team at Asset Plus!
"I had my mortgage offer come through exactly one week after signing [with] them. Quite the change from the previous broker who didn't manage to do anything in over 2 months.