looking for a mortgage.
secure your dream home with expert guidance
navigate your path to homeownership
When you are searching for a mortgage, it’s often a balancing act between your financial reality and the dream of owning a home. The process requires you to take a hard look at your current finances, including your income, savings, and debts. It also involves making informed decisions about how much you can borrow, understanding the implications of different mortgage deals, interest rates and loan terms, and planning for future expenses that come with homeownership.
This journey is unique and can vary significantly based on your profession. Certain careers, like those in healthcare, corporate leadership, or self-employment, introduce unique challenges in the mortgage application process. For instance, self-employed individuals must demonstrate stable income differently compared to salaried employees.
Seeking advice from a mortgage broker can be incredibly beneficial in navigating the complex process and ensuring that you make a well-informed decision that suits your homeownership plans.
expert advice
this is how we provide solutions to your problems
Our expertise lies in understanding your unique needs and providing tailored advice to help you navigate the often-complex world of mortgage options. We simplify the choices by comparing rates, terms and features from various lenders, ensuring you make informed decisions.
But it’s more than just securing a mortgage; it’s about equipping you with the knowledge and assurance to make smart, well-informed decisions for your future home.
Searching the whole of market
We are whole of market mortgage advisers, so we can search across the market to find the right deal and outline all the options available to you. Alongside this, you will also get an adviser (a real human) who will outline the process and answer any questions you may have.
Experience like no other
We’re experienced, qualified and brilliant at what we do, so you can have the confidence and reassurance that you are making the right decision and that your best interests are always at the heart of our work. Having done this for many years, we consider all costs involved in a mortgage, not just the interest rate.
Saving you time and stress
Believe us when we say that we will take care of everything from start to finish, saving you a significant amount of time. Not only does this give you more time to think about how to decorate your home and pack up your belongings, but it also removes a large amount of stress as you know there is a team looking after you in the background.
first-time buyers
Buying your first home is an exciting and memorable experience. Sure, it can be a little stressful with all the decisions and paperwork, but the joy of owning your home makes it all worth it.
As this is likely the first time you would have entered the world of mortgages, you will have questions for us to answer. We take great pride in explaining what a mortgage is, how Help to Buy schemes work, how much deposit you will need and what you need to be aware of when buying a home.
We will hold your hand and take extra care, as we understand this is your first time seeking a mortgage. As we’ve been in the mortgage business for a while, we know the lenders’ criteria and requirements, so we can match you to an appropriate lender. There’s also less risk of your transaction falling through due to the delays and a quicker transaction than if you were to do it yourself.
home movers
Buying a new home while moving from an old one marks the beginning of a new and exciting chapter. It’s often a coordination of timing the sale of your current property with the purchase of the new one, ensuring financial arrangements are in place, and navigating through the maze of paperwork and legalities.
A “home mover” mortgage is for those who already own a property and are looking to move to another. It’s a process where you must navigate selling your current home while simultaneously securing your next one. It might sound like a lot to think about, but when you’ve got a team like ours doing the hard work, it becomes a breeze.
We can provide guidance and advice on the most suitable options available based on your unique circumstances, ensuring a smooth transition from one home to another.
remortgages
Remortgaging is something almost all homeowners must deal with, and it involves replacing your existing mortgage with a new one, either with your current lender or a different one.
The remortgaging process is often undertaken for various reasons, such as securing a lower interest rate, securing a new fixed rate for when your current one expires, reducing monthly payments or consolidating debts.
It’s a decision that needs to be made with a clear understanding of the potential benefits and implications, so seeking professional mortgage advice is vital to ensure it aligns with your long-term financial goals.
frequently asked questions
What is a mortgage?
A mortgage is simply a loan that is secured against your property.
This means that if you are not keeping up with your monthly repayments, the lender can repossess your property.
How much deposit will I need?
You will need to save a minimum deposit of 5% of the property value when purchasing your home.
However, a number of lenders will require a higher deposit than 5%, with some lenders requiring a minimum deposit of between 10% and 25%.
It is always best to speak to a mortgage adviser to see what deposit you will need to save before looking for a home.
When considering the size of your deposit, remember that larger deposits attract better interest rates.
What does LTV mean?
LTV or Loan-to-Value is the value of the mortgage compared to the value of the property, shown as a percentage. An example would be if you had a 5% deposit you would need a 95% LTV mortgage.
I’m self-employed, can I get a mortgage?
Yes, we help self-employed clients to obtain a mortgage.
Lenders do, however, consider self-employed income differently to the income of an employee. This is because self-employed income can vary throughout the year and also over time, whereas an employee receives a known salary.
If you are self-employed, speak to one of our mortgage advisers, who will be able to tell you how lenders will consider your income. Our advisers can also establish how much you may be able to borrow.
Our mortgage advisers will need to see several years’ SA302’s, so it’s always good to have the last 3 to hand!
Does being on the Electoral Roll help me obtain a mortgage?
By law, you must register on the electoral roll if you wish to vote. But getting on the register can benefit you as well: by helping protect your identity, as well as increasing your chances of getting credit. So, it’s worthwhile registering as soon as you can.
Registering to vote improves your credit score too.
Your credit score shows lenders how you behave with money. Your credit score is based on information contained in your credit report, such as how many loans you have and how much you have borrowed.
When you register to vote, this shows in your credit report (although it does not show how you voted). This data helps lenders confirm your name and address, so your credit score will increase as a result.
In the UK, you can register to vote using the following link:
https://www.gov.uk/register-to-vote
Will my credit rating stop me getting a mortgage?
Lenders are cautious about who they lend to, so they will always check an applicant’s financial history carefully to see if potential customers have defaulted on debts previously. If you have defaulted on debts previously, it signals to the lender that you may default on debts in future.
However, if you have defaulted on debts previously, you may still be able to obtain a mortgage. Our advisers are well equipped to establish if you will be able to obtain a mortgage, even if you have a poor credit rating.
What is a Decision In Principle?
A Decision In Principle (DIP) is an indication of what a mortgage lender may be willing to let you borrow, subject to a full financial assessment. It may also be referred to as an Agreement In Principle, or an AIP. The majority of estate agents will require you to produce one of these before they are able to accept your offer on a property.
When can I start the remortgage process?
We can lock in a new mortgage deal six months before your current mortgage deal, such as a fixed rate, ends. So, this is the best time to start. We keep your new mortgage under review in the time leading up to your mortgage switchover. If a better deal comes on the market or your existing lender introduces better deals as the switchover date approaches, we can change the new mortgage up to your switchover date. This gives you peace of mind about the maximum you will be paying, with the flexibility of changing to a better mortgage if one becomes available.
Don’t just take our word for it.
Being first-time buyers, navigating through the world of mortgages felt daunting; however, after our initial chat with Joe, we were immediately put at ease, and it was clear we were in good hands. Joe worked tirelessly to ensure we got the outcome that suited our needs.
We chose Kind Wealth to assist us when looking for a mortgage, as they already advised us with our finances. The real value was in the weeks running up to exchange when our solicitor and mortgage adviser worked together to get responses from the lender in timescales that would have been challenging otherwise.
The service provided was brilliant and even when I needed advice urgently, Joe and Sarah dealt with this in an exceptional way. If you’re a first-time buyer looking for advice about life insurance or a fixed-rate mortgage, then I’d recommend Kind Wealth.
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Ready to take the next step?
We love meeting new people and learning about you. If you are interested in finding out more, please schedule an introductory meeting with us by clicking on the button below. We do not charge for an introductory meeting, and we can both use this meeting to assess whether we are the right fit for one another.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Some Buy-to-let mortgages are not regulated by the Financial Conduct Authority.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE
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