Being an existing property owner you have already experienced the house buying process.
However it may have been many years since you last purchased a property and having to sell and buy a property at the same time is a completely different experience altogether from when you were a First Time Buyer.
At Manchester Mortgages we are able to discuss the options available to you with your existing lender and all the other lenders on the market.
We can advise you what costs are involved in buying and selling houses – i.e. stamp duty, solicitors’ costs ( buying & selling ) estate agent fees, valuation / survey fees etc – they all mount up !
We are able to help you establish how much you can borrow and, more importantly, what the monthly cost will be.
We are able to obtain an Agreement/Decision in Principle so when you find the right property you are in a position to proceed.
We will help you complete the mortgage application and will process all the paperwork required.
We will liaise with the estate agents, solicitors and builders on your behalf to update them on the progress of the application.
Selling your existing property and finding a new property to buy is a very stressful time even if everything runs smoothly. Often problems can occur where there are a lot of buyers and sellers involved (known as ‘a chain’) especially if somebody in the chain pulls out of their purchase or sale.If this happens we at Manchester Mortgages can draw on our years of experience to advise you what steps to take.
If the worst happens and the chain that you are in breaks we can liaise with solicitors, estate agents, valuers and lenders on your behalf if you wish to ensure that everything possible is done to secure the sale of your property and the purchase of your next home. We speak to you in your language – not jargon !
Moving Home? – Get our Free eBook – We know getting a mortgage can be a stressful and complicated business, so we’ve produced this handy 8 page guide to help you understand the mortgage borrowing process. Written in a simple and easy to understand manner, we explain:
- How to determine how much money you can borrow
- What criteria lenders use to assess your application
- Notes for self-employed, company directors, or people with poor credit histories
> To download our free guide, just click the icon to the right.
To discuss your personal mortgage requirements please ring 0161 706 0242 for an informal free chat or complete and send the Contact Us form..
Manchester Mortgages is a trading name of Mortgages 4U (North West ) Limited which is authorised and regulated by the Financial Conduct Authority (FCA register number 301076). Registered in England & Wales No. 4729252. Registered office: 7 Randale Drive, Bury, BL9 8HZ.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.