Often those looking at purchasing a long-term Family home have spent a large amount of time searching for the perfect property, so the last thing you need is to then be held back and delayed by the mortgage arrangements.

If it is a high demand area, especially within the catchment area of a desirable school, then speed can often be of the essence.

As far as the mortgage is concerned, purchasing a property as expectant parents or with a young family has enough stresses and strains, so a smooth transaction is highly desirable.

Of course there are also the usual questions, such as the type of loan you should go for — fixed or tracker, for example — but in the current market lenders are far stricter with their lending criteria. Because of this, the knowledge and contacts of an independent mortgage broker such as Independent Mortgage Solutions can be the difference between a costly mortgage and a competitive one.

When applying for a joint residential mortgage, it’s vital to not only get a competitive interest rate but also to find a product that suits your lifestyle and needs.

Things To Consider

• How much can we borrow?
• How much deposit do we have?
• How are we going to pay the loan back?
• Do we want the security of fixed monthly payments or something more flexible?
• Can we keep our existing property and let it out?
• What happens if one of us takes time off work?
• How much will we need to pay in fees?
• Can the mortgage lender move quickly enough to secure the property?
• How do we protect our home and family?

Luckily, help is at hand. That is where obtaining independent advice and a hand to hold throughout the whole process can address all of these questions and more, as well as ensuring that that any deadlines to secure the property are met.

Further Information
As a genuinely, independent mortgage broker, Independent Mortgage Solutions have access to all of the mortgage schemes on the market, whether that be High Street, broker only lenders, Private Banks, small building societies or specialist loan providers. We even have access to exclusive products that are not available on the open market.

All our professional advisers are here to act for you, first and foremost, not only helping you to choose the most suitable mortgage, but guiding you through the process with ease from start to finish.