Mortgage Advice Helpline
Independent Mortgage Advice
Mortgage Protection and Financial Services

Buying Guide  
 

Step 1
• Speak with one of our ‘Independent Mortgage Advisers’ who will advise on how much you can borrow and to work through all the costs.
• On your instruction he/she will research the whole of the mortgage market to help find the most suitable mortgage for you.
• Have a mortgage ‘Agreed In Principle’ (AIP) to secure your mortgage and to help speed up the whole process

Our complete mortgage service means that you will always have;

- An Independent Mortgage Adviser working on your behalf.

- Our dedicated ‘Mortgage Administration Centre’ managing the progress from application to completion.

Find your home and move in! We will help with everything in between
 
 

Step 2
• Find a property!
• Register with local estate agents, look for property on the internet and check the Property Pages in the local press.
 

Step 3
• When you have found your ideal property, make a formal offer - ‘subject to contract’.
• Our advisor can help to negotiate on your behalf.
  Step 4
• When your offer is accepted, it’s time to complete the necessary mortgage and insurance application forms. Your Mortgage Adviser can complete and submit all these forms on your behalf.
• You should now instruct your Solicitors. If you do not have your own solicitor, we can arrange for you.
  Step 5
• Once your application is approved, your mortgage lender will arrange for a surveyor to carry out a “valuation report” on the property, and request any references or further information.
• We will liaise weekly with your lender to help manage your application and to help ensure the whole process runs as smoothly as possible.
  Step 6
• Once the valuation report and all other information have been received, and are satisfactory, your lender will issue a formal mortgage offer.
• Your solicitor now does the searches, checks who actually owns the property, and draws up the contract.
• We will liaise regularly with your solicitor and keep you informed of progress.
  Step 7
• Exchange contracts and pay your deposit.
• You are legally committed to buying the property when you have signed the contract.
• Ensure your insurance and protection policies are started at this point.
Step 8
• Completion date. Collect your keys – it’s time to move in!

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
IF A FEE IS CHARGED THIS WILL BE DEPENDENT ON YOUR CIRCUMSTANCES. OUR TYPICAL FEE IS £199

 

 

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BJB Financial Services Ltd. is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Services Authority. Registered in England and Wales number 5503352.

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