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Mortgage Adviser Burton-on-Trent

Mortgage Adviser

Burton
on
Trent

Whether you are looking to purchase your first home, next home, or remortgage your existing home Equity Select are here to help. Based in the heart of Burton-on-Trent, Equity Select provides fully independent mortgage advice to First Time Buyers, Home Owners and Landlords across Staffordshire and the East Midlands.

Why choose Equity Select for your mortgage advice?

Pension Advice Burton on Trent PEnsion Adviser Burton on Trent

  • Independent advice — Equity Select is not tied to any particular bank. We offer mortgages from a wide range of lenders.

  • Cost – Transparent fees with no hidden charges.

  • Personalised, ongoing service — Equity Select doesn’t just advise; they stay with you for the long term.

  • Local – Equity Select has been helping clients in Burton on Trent since 2018

  • FCA regulated – Equity Select are authorised and regulated by the Financial Conduct Authority.

Frequently Asked Questions

  • Q: How much does a mortgage adviser in Burton-on-Trent cost?
    A: Our fees are transparent and tailored to your requirements. We provide a clear quote during the free initial consultation. Our typical fee is £395.00.

  • Q: Do you offer indepedent or restricted mortgage advice?
    A: Equity Select provides independent mortgage advice to all clients.

  • Q: Is my first mortgage consultation free?
    A: Absolutely. We offer a no-obligation initial meeting to understand your needs and find out how we can help.

  • Q: Do you offer face to face appointments?
    A: Yes, all of our meetings will be held at your home address or a location that works best for you.

  • Q: I’m thinking of becoming a Landlord do you have any advice?
    A: Yes, we chave a dedicated page for Landlords which covers the basics you need to know – Landlord this way!

  • Q: Do you have more information for First Time Buyers?
    A: Visit our First Time Buyer Page to find out the answers to some of the most common questions

Burton on Trent Mortgage Advice

Your 5 Step Mortgage Journey

1:

Working out what you can afford

When it comes to buying a property, lenders need to know that you’ll be able to afford to repay the borrowed money. To work this out, they’ll conduct what’s known as an “affordability assessment”. To do this, they’ll assess your current income and outgoings and also look at your credit history to decide how much you can borrow in the form of a mortgage.

As part of our services, we’ll gather all the relevant information from you and work out how much each lender will allow you to borrow. As there are so many lenders available, this can take a few days, so it’s crucial that we get all your relevant information and documentation together as soon as possible.

2:

Checking what price bracket you can look in

You’re probably asking, “What price bracket can I look in?” Once we’ve confirmed how much you can borrow, we’ll add that figure to your deposit to know what price bracket you can start looking at for your new home.

In terms of your deposit, you’ll need at least 5% of the purchase price as a minimum. The bigger the deposit you have, the less money you’ll need to borrow in the form of a mortgage, and therefore the cheaper the rate of interest the lenders will offer you.

There are government schemes that can help boost your deposit savings, Lifetime ISA’s are fairly popular, as the government will top up your savings by way of a 25% bonus.

3:

Getting you the right deal

Now you know how much you can borrow and you’ve got your deposit saved, the next step is to find a property that you like and then submit an offer. From here, we’ll speak to the most suitable lender that meets your affordability and ask them to provide us with a Decision in Principle. This is an outline document confirming that the lender is happy to take you on as a customer.

4:

Sending the paperwork

Next, a copy of the Decision in Principle, along with proof of your deposit, is normally required to be sent to the estate agent selling the property; we can help you with this.

We’ll then submit your full mortgage application and send the lender a copy of the documents that we gathered during our initial meeting.

5:

Receiving the official offer

The lender will then instruct an independent valuation surveyor to carry out a mortgage valuation survey on the property. If the survey comes back positive, then the lender will issue the official mortgage offer to you and us. We will then work with you to complete all the relevant legal work with your solicitor ensuring everything remains on track and your mortgage successfully completes!

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Please note that some mortgages such as commercial BTLs are not regulated by the FCA.

What our clients say
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Gemzikles 2 weeks ago
We cannot recommend Allan highly enough. He has helped us immensely with both our mortgages and our pensions, and the support he’s given us has been absolutely invaluable.

Allan explains everything clearly, takes the time to understand our circumstances, and always makes us feel confident that we’re making the right decisions for our future. Nothing is ever too much trouble, and he’s always approachable, responsive, and genuinely invested in helping his clients.

Thanks to Allan, we feel far more secure and informed about our finances than we ever have before. If you’re looking for a financial advisor who is knowledgeable, trustworthy, and truly cares, Allan is the one.
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Barry Middleton 3 weeks ago
Allan was very pleasant welcoming and knowledgable gave us excellent advice and arranged everything. He dealt with all the paperwork and made it very easy for us. He was always available if we needed advice and explained everything step by step and we are very happy with the service he provided.
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hope shenton 2 months ago
had the most stress free time getting our mortgage with allan,everything was seamless from start to finish! we’ve already recommended him to our friends because his services are amazing. highly recommend.
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Rianna Williams 3 months ago
Allan takes the time to explain everything to me in laymans terms, so I can make an informed decision about mortgages, savings and investments. He takes on board my attitude to risk and ethical concerns, which puts me in the driving seat, so I can manage my finances with reliable advice. I would recommend working with Allan and hope to continue working with him myself for many years to come.
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