It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
We get calls regularly from customers whom the bank has turned away very last minute. This becomes problematic when applicants are already several weeks into their process, only to be turned away suddenly. As experienced mortgage advisors, the banks should notice issues at the start of the process to prevent this from happening.
The mistakes caused by the bank’s mortgage advisor can leave the customer out of pocket, causing avoidable stress and frustration. If you are unsure of mortgage criteria before jumping into the process, it could be causing you more harm than good. Applying for the wrong mortgage could prevent you from getting a mortgage completely.
Our mortgage advisor in Lincoln have experience when dealing with complex situations. So, why not give us a call to see how we may be able to help.
Sometimes getting a mortgage is a straightforward process as long as you have a good credit history, have the correct documentation and have evidence to prove you can afford your mortgage payments.
But for some homebuyers, something might crop up that requires the help of a specialist mortgage broker in Lincoln. Our team of Mortgage Advisors in Lincoln will take the time needed to understand what you are trying to achieve and try to find you the most suitable mortgage deal available for your circumstances.
We work with a large pane of lenders that offer specialist deals that cater to various mortgage situations.
We aim to provide you with expert mortgage advice in Lincoln, to find you the most suitable mortgage deal for your current circumstances. We ensure to do everything we can to achieve this.
Bad credit for a mortgage in Lincoln refers to a situation where an individual has a less-than-ideal credit history, making it challenging to secure a mortgage from traditional lenders. This could include a history of missed payments, defaults, County Court Judgments (CCJs), or bankruptcies. Mortgage lenders in Lincoln typically assess an applicant’s creditworthiness to determine the risk associated with lending them money. Having bad credit may result in higher interest rates or difficulty in obtaining a mortgage.
Removing a County Court Judgment (CCJ) from your credit file is a complex process. Generally, a CCJ stays on your credit file for six years, even if you settle the debt in full. However, if you believe the CCJ was issued unfairly or there are errors, you can apply to have it set aside or marked as satisfied. It’s advisable to seek legal advice or consult with a credit repair specialist to explore your options for addressing a CCJ on your credit file.
While it’s not mandatory to use a specialist mortgage advisor in Lincoln, it can be highly beneficial, especially if you have specific financial situations, such as bad credit or unique income sources. A specialist mortgage advisor in Lincoln has expertise in dealing with various mortgage challenges and can provide tailored advice to help you navigate the complexities of the mortgage market. Whether you’re a first time buyer, self employed, or have a less-than-perfect credit history, a mortgage advisor in Lincoln can offer guidance and help you find mortgage options that suit your needs.
Our Customers Love Us
4.99 Rating107 Reviews
Samantha
Excellent service, always available when required and made the process hassle free.
2 days ago
Thomas
All of the members of the team I spoke to including Jason and Stacey were fantastic. They answered all my questions and provide support where needed. I would definitely recommend
1 month ago
Anonymous
We reached out to just see where we stood in regards to our borrowing limit and we’ve come out the other end with a mortgage offer and we are going down the route of getting out own home! This never would have been possible without the help of...
9 months ago
Mr Jamie
Daniel was very friendly, knowledgeable and explained everything to us in enough detail without being overwhelming. He gave gentle reminders for things that we had forgotten to do and got us a very good deal for our remortgage. Would highly...
9 months ago
Anonymous
We had a great experience arranging a remortgage with Dinah and Paula. Our situation was a little complicated, but we received very practical advice and they assisted us right through the process. It was all very straightforward in the end. Thank...
11 months ago
Anonymous
Excellent service. Jason has been very helpful and encouraging every step of the way, especially considering our complex circumstances. Easy to set up video calls to discuss matters and email communication has been very quick, detailed and achieved...
11 months ago
Charlotte
Charlie has been nothing but helpful, answers all questions thrown at him, takes the time to explain what everything means which has been hugely helpful as a first time buyer! It’s been a really quick and smooth process from the rest of the team...
1 year ago
Anonymous
Jason and Megan were absolutely brilliant! Both helping me through the entire process.
1 year ago
Hope
Matt & Paula have been so great and efficient in supporting us as first time buyers. Not once did we feel overwhelmed during the process which is great given that we came into this not knowing what to expect. Everything has been quick and efficient,...
1 year ago
Thomas
Matt was incredibly honest and helpful throughout the process even though he was aware I was speaking to a variety of advisors at my point of contact. His knowledge, responsiveness, and willingness to discuss options available to me, made him the...
1 year ago
Hannah
Matt and Stacey were really helpful in sorting our remortgage out. Matt was quick to get back to us when we had questions and Stacey was always on hand as support
1 year ago
Alexander
Dinah has always been available and communicated any changes or good advice we needed. We really appreciate your support
1 year ago
Emma
Quick, efficient, informative service
1 year ago
Milly
Charlie Bryson has been fantastic, supporting me as a first-time buyer from getting an agreement in principle to viewing houses and then through to a mortgage offer in just two weeks! It was a pleasant surprise to find a broker who could explain...
1 year ago
Tori
My mortgage broker was Leo! He’s always been amazing and Iv been dipping in and out for a few years. He really helped me and found the best deals and explain everything I didn’t understand. He was always there on hand and if he had any...
1 year ago
Matthew
Very quick and helpful service.
1 year ago
Andrew
Very helpful and efficient
1 year ago
Michael
Had the good fortune of having Louise H handling our mortgage/sale and she was fantastic throughout. Often filling gaps in communication from our solicitor and regularly engaged from start to finish.
1 year ago
Gordon
I used Lincolnmoneyman when the Nationwide seriously let me down with their offer of a mortgage. Dan Osman was immediately helpful and explained the system and facilitated the set up of our equity release mortgage. With the help of his assistant...
1 year ago
Jordan
‘Great service as usual’
1 year ago
During your free mortgage appointment, after giving our with a mortgage advisor in Lincoln, some information about your income and expenses, they can them determine your maximum affordability.
Although certain circumstances may limit your options, we will search through 1000 deals to find the best possible solution for you. Our next step is to obtain an agreement in principle, which can be used to support any purchase offers you make.
Once you accept a purchase offer, your mortgage advisor in Lincoln will proceed to submit your full mortgage application and relevant evidence documents.
Our service goes beyond merely obtaining the best deal. We will also advise you on relevant insurance policies to safeguard you and your family financially.
Get in touch with us and get yourself booked in for your free initial mortgage appointment with an experienced and amiable mortgage advisor in Lincoln today. When a mortgage applicant is going through a tough time with their mortgage and finds it challenging to get accepted by a lender, we will always be ready and willing to help them with open arms.
As a Mortgage Broker in Lincoln, we have access to a large panel of specialist deals, each lender has its own unique mortgage lending criteria for customers, and we may be able to find you the most suitable deal. Our team of Mortgage Advisors in Lincoln can utilise their knowledge and expertise to recommend to our customers the most appropriate mortgage deal for their personal and financial situation.
You are our responsibility during your mortgage process, and we will always have your best interests at heart. Our mortgage advice team will always aim to give you open and honest Mortgage Advice in Lincoln and remain by your side through every step of your mortgage process.
If you are worried about your credit score, you should look to obtain an up-to-date copy of your credit report. You will receive the benefits from this when it comes to your free initial mortgage appointment, where we can get a better picture of your situation and see if we can help you achieve your mortgage goals.
If you had a property survey carried out on the property only to find out that the offer you put forward is above the property’s market value, this is a property down valuation.
Your lender will likely pull out of the deal. However, this can change if you can make up the difference between your offer and the properties actual value.
If you happen to be going through a divorce or separation, it can be not easy, especially if you have a joint mortgage together. You will need to sort this out sooner rather than later.
This can tie in with divorce and separation if you look to remove your name or your ex-partner’s name from your mortgage. You will be limited with your options depending on financial stability and your affordability based on one of income.
If you’re married and getting a mortgage on a property that you and your partner will live in, some lenders will prefer both applicants to be named on the mortgage; but it’s possible to get a mortgage in one applicants name.
Shared ownership is a type of mortgage that gives First Time Buyers in Lincoln the chance to buy a share in a new build property. Usually, you take out a mortgage for the share you own (usually between 25% and 75%) while paying rent on the rest to a housing association.
Professional mortgages are only accessible to particular lenders. As this is a niche section of the mortgage market, we would highly recommend speaking to a specialist Mortgage Advisor in Lincoln for more information on this topic.
There are many reasons why someone will be looking to take out a second mortgage on another property, but you will need to prove that you are financially stable enough to cover the costs of two mortgage payments.
Holiday lets are similar to buy to let properties. However, you might not have a tenant in there all the time. So, you will need to prove to the lender that you can cover the monthly costs of your mortgage payments regardless of whether the property is occupied or not.
New builds prices can vary depending on the area. If you are struggling to save up for your initial deposit, if eligible, you may be able to utilise the government Help to Buy Equity Loan Scheme to help get you onto the property ladder.
Non-standard construction means any building not made of materials like brick and mortar. To take out a mortgage on something like this, you will need help from a Mortgage Advisor in Lincoln to find you a suitable specialist product. Make sure to get a full structural property survey if you are looking to buy a property that falls into this category.
HMO mortgages are taken out on properties occupied usually by five or more people. They are popular amongst landlords who own student accommodation.
We recommend speaking to a specialist Mortgage Advisor in Lincoln as these buy to let products can be challenging to find because not every lender will offer HMO deals.
You may have the opportunity to release the equity you have built up in your home and convert that into cash by taking out a lifetime mortgage. It’s better to speak to a specialist Mortgage Advisor in Lincoln on this topic before going ahead with the process.
Taking one out could be a good way of helping you access competitive interest rates and mortgage products as an Offset mortgage links up a savings account to your mortgage.
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Lincolnmoneyman.com & Lincolnmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Lincolnmoneyman.com & Lincolnmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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