The ideal time to start looking for a new mortgage deal is about 3-4 months before your current mortgage deal expires. This allows time for the mortgage application and legal process to be complete ready for when your deal finishes.
At the meeting
You will be provided with all of our latest and up to date initial documentation and information.
The first step is to go over your information and check that everything is still correct and relevant.
We will re-assess your situation, needs and objectives moving forward.
Your advisor will then present to you their recommendation based on your circumstances, needs and goals. (This may be done as another meeting after analysis)
Your advisor will then collect the relevant information and documentation to process your application. This usually includes the following in most cases (for mortgages);
• Photo ID
• Proof of address
• Latest 3 months pay slips
• Latest 3 months bank statements (salary and bill accounts)
• Latest P60
• Company accounts for self employed & directors
• SA302 & Tax year overviews for self employed & directors (ask your accountant)
• Benefit statements (for things such as Tax Credits, Disability allowances etc.)
They will also explain the process from application onwards and give you an idea of timescales for a typical application.
You will be given the opportunity to ask any questions you may have at that point so that they can be discussed in full.
If you have any other questions or want to make any changes to your application, please contact your advisor or the admin team in the office immediately.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS