NEED A MOVING HOME MORTGAGE?
Time to upsize? Downsize? Whatever the reason for that new home, you need a mortgage option in place before moving forward. New Mortgage Solutions can find it for you. We have the knowledge and expertise to always help you find the most suitable mortgage rate. Enquire now for a free consultation or alternatively complete the form and we’ll arrange a call back.
Some forms of Buy to Let Mortgages/Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully about securing other debts against your home or property. Your home or property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
There may be a fee for mortgage advice. The exact amount may depend on your circumstances.
New Mortgage Solutions Ltd is is an appointed representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.
The Right Mortgage Ltd, Registered address: St Johns Court, 70 St Johns Close, Knowle, Solihull, B93 0NH. Registered in England & Wales. Company No. 08130498.
SO WHAT ARE THE STEPS TO BUYING A HOME?
It all starts with a consultation with our brokers. We ask all the right questions so we can go and find the right deal for your situation. At that same consultation, we’ll also book in a follow-up so we can discuss what we’ve found.
If you’re happy with what we’ve come up with, we’ll then go about securing what is known as a Decision in Principle, or DIP for short. This is just a promise from your chosen lender to give you the mortgage you need as long as the information is accurate and the property value is reasonable.
Now is when the fun part starts because you’re now in a position to make an offer. And you’re on solid ground too because you’ve got that DIP in place. Why is that good? Because it shows that you mean business.
Once you’ve found that perfect house and have made an offer, we’ll then have to send all the relevant details to the lender so they can run the rule over it. Don’t worry – we’ll make sure that application is on point, handle all the toing and froing and that all the relevant documents are kosher. If all is well then the mortgage offer will come through.
Now is when the legal considerations kick in. We can recommend a good conveyancing solicitor to draft up the contracts and sort out the purchase. It’s at this point that you’ll need to sort out buildings insurance too.
The culmination of all that work is this moment: when you exchange contracts, the deposit is paid and the property is yours. Be aware though that this is often the point of no return. If you exchange contracts and then decide to pull out afterwards, you will lose your deposit.
WHY CHOOSE US?
Trust us to take care of everything
You’ll get a mortgage deal that meets your needs, without the headaches or the hours and hours chasing lenders.
With a steady 5/5 rating on Facebook, Google and Yell, from over 150 reviews, you’re not working with a rookie.
Expert service and advice
You’ll have over 30 years of sector experience to call upon, a satisfaction guarantee and FCA accountability.
WHAT FEES MIGHT BE INVOLVED?
Early repayment charges
Lender's arrangement fee
Over the last year, Gregg has helped me go from a shared ownership scheme, to owning my flat and now onto a house! They have spotted things that have saved me a fortune and got me a great deal on my new mortgage. Been very responsive and helpful throughout the process. NMS have been worth every penny and will use them again and will recommend them to everyone I know who is looking to move house. Thanks New Mortgage Solutions!
Jamie Hellier (Google review)
My wife and I were delighted with Gregg and his team's service at New Mortgage Solutions. Gregg gave us a complete detailed explanation of what was available to us and was able to find the exact product we wanted. We never felt rushed and found Gregg to be knowledgeable and friendly. Gregg kept us updated regularly. The outstanding mortgage we now have is not one we could have found ourselves. We would recommend New Mortgage Solutions to friends and family.
DavidE-862238 (Yell.com review)
I have been working with New Mortgage Solutions Ltd for many years and over these years they have secured me new mortgages at the best rates with the best advice. They take care to manage the whole process for you. Their overall service is excellent and I personally would not use anyone else. I highly recommend New Mortgage Solutions Ltd.