How do I pay you for your services?

We charge a fee on completion depending on your personal circumstances.  Our initial consultation is free of charge as we only charge when you get results.

What insurance do I need?

Mortgage providers insist on appropriate buildings insurance as a condition of taking out the mortgage

Is my home at risk if I can’t keep up repayments?

It could be, so speak to your mortgage provider as soon as possible if you aren’t able to make your mortgage repayments. They will be able to tell you the options available, such as a short repayment holiday or a new repayment plan that could help you get back on your feet.

Can I move house?

Some lenders allow you to take your mortgage with you if you were to move house, meaning you can take your mortgage deal and it’s remaining term with you and use it on your new property.

Do I have to pay fees upfront?

Mortgage Taylors Ltd don’t charge a fee upfront but some lenders charge an arrangement fee to cover the cost of setting up a mortgage, the lender may also charge a booking fee upon application and this is usually non-refundable, even if the mortgage doesn’t go ahead however you may also be able to source some…

How much deposit do I need?

This will depend on your personal circumstances and the lender. While mortgages for 100% of the property’s value are now extremely rare, there are many low-deposit mortgage options available from a variety of lenders and a 95% mortgage may be possible.

How much can I borrow?

In April 2014 the Financial Conduct Authority (FCA) introduced rules ensuring mortgage lenders carry out stringent affordability checks before approving mortgages. This means all your outgoings will be checked and how much you can borrow will depend on this. Most lenders will also take into account: Main salary Any income from a second job Any…

Going direct vs using Mortgage Taylors.

Be seen quicker and obtain a faster decision Access to bespoke products only offered by brokers. Be seen in the comfort of your own home Only pay upon results Having an adviser and an experienced administration team fighting your corner. Whole of market advice and recommendation Able to change lenders in event of a change…

Why do I need a broker, why can’t I do it myself?

The simply answer to this is you can but there are thousands of different mortgage products offered in the market place provided by different lenders, many you would of heard of, many you wouldn’t.  Some of these present their products on comparison sites, some do not.  They all have different criteria and your circumstances are…

Am I eligible for a mortgage?

This depends on personal circumstances and we will be happy to discuss any scenario and try and obtain a mortgage approval free of charge.

How do I get more information?

Simply use the contact us section on our website and one of our experienced advisers will be in touch

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