Specialist Mortgage Advice Lincoln | Lincolnmoneyman

Specialist Mortgage Advice in Lincoln

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Declined by the Bank? We Might 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.

Self Employed Mortgage Advice in Lincoln

We work with a large pane of lenders that offer specialist deals that cater to various mortgage situations.


Having a Specialist Mortgage Advisor in Lincoln on your side throughout the entire process will be highly beneficial. Our job is to work for you and find you the most suitable mortgage deal for your situation.

Complex Mortgage Situation in Lincoln?

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 Advisors 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.


How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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An In-Depth Look at Specialist Mortgage Scenarios

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 trusted and experienced mortgage broker in Lincoln, we have spoken with many different customers over the years, all with varying scenarios. Here are some frequent topics we have encountered before:

Property Down Valuation

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.

Divorce & Separation Mortgage Advice

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.


Removing a Person from a Mortgage

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.

Single Name Mortgages for Married Applicants

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

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

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.

Second Home Mortgages

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 Home/Let Mortgages

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 Build Mortgages

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 Property Mortgages

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.

Multiple Applicant/House of Multiple Occupation Mortgages

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.

Mortgages Past Retirement Date/Lifetime Mortgages

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.

Offset Mortgages

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.

Do you require a specialist mortgage advisor in Lincoln?

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.


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.


We Work For You

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.


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.

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Common mortgage

Your free mortgage consultation in Lincoln will generally last around 60 minutes. An advisor will then recommend a mortgage for you, with no obligation for you to go forward. You are free to decide whether or not you wish to proceed with the mortgage in question.

As a dedicated and experienced mortgage broker in Lincoln, we work on your behalf. We will carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for your circumstances. A credit check will then be required for you to obtain an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued to you by the lender.

To avoid any kind of possible disappointment, we would definitely recommend that you obtain an Agreement in Principle before you begin viewing properties in Lincoln. At the very latest you should obtain one prior to making an offer, as it is free of charge and can put you in a much better bargaining position down the line.

An Agreement in Principle will usually lasts for anywhere between 30 and 90 days depending on the Lender that is used. If your Agreement in Principle expires it can always be refreshed with the help of your mortgage advisor.

It may be possible to get a second mortgage on your home if you’re looking to do Debt Consolidation or Home Improvements. You may also find that it’s possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

The minimum deposit that a high street lender will require for a property purchase in Lincoln is typically 5%. This can be higher if you have had any credit problems in the past.

If you have had any type of credit problems in the past, you can still get a mortgage but you may possibly be required to put down a higher deposit than expected, perhaps 15% of the properties purchase price.

Once you have submitted at least one year’s accounts, you are then eligible for a mortgage. Most Lenders will be using your salary plus dividend to calculate the maximum mortgage, whereas others have been known to go off your net profit.

It’s usually three payslips that a lender will need to see for an employee to prove income and the latest 2 years’ accounts for Self Employed. You will also need to produce proof of ID, address and the last 3 months’ bank statements.

The general amount of time that your free consultation with an advisor will last is around 30 mins. A mortgage advisor can turn round an agreement in principle within 24 hours of your consultation. A formal mortgage offer will take on average about three weeks.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property in Lincoln!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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