Filling in this form will instantly give you a set of contact details for people who can help you with advice on mortgages. You will be provided with their contact details, all within less than a second and you will then be able to contact them directly to discuss your situation in more detail.
If you decide to buy a property, the mortgage is likely to be the biggest expenditure that you will ever have. There are many aspects to consider before taking the decision to buy a house, but owning your own home has many advantages over renting.
Most mortgages are provided by a Bank or a Building Society. It is worth taking the time to shop around and speak to as many providers as possible. Most local High Street Banks and Building Societies will have a mortgage advisor in the branch and you can approach them directly and find out what each one is offering. You will need to find out about the repayment methods, the interest rates and the term of the mortgage.
The other possibility to consider is using the services of a Mortgage Broker. They will assess your situation and match you to a provider with a deal that is likely to be the best option for your circumstances. Keep in mind that Mortgage Brokers usually operate on a commission basis and if a mortgage is completed by them then they will claim a fee towards the cost of running their business. This fee is usually paid by the mortgage provider. It should be straight forward but different mortgages will attract different Broker fees.The Broker should give you good all round advice but do be aware that the Broker could offer one particular product instead of another, based on the fee he or she will get in return. You should ask the Broker to tell you what fees they claim in addition to asking what fees you will be expected to pay and what rate of interest.
It may seem daunting at first to work the real cost of a mortgage over its full term but it is possible to work it out and you will be much better able to make judgments about the suitability of the different options. Do read everything you are given and do not allow yourself to be rushed. You may wish to consider asking a relative or a very close friend to help. It is worth bearing in mind that people in the finance industry (Mortgage Brokers, Independent Financial Advisers, anyone working in a Bank or a Building Society) will provide you with choices but you should not totally rely on their advice. Consider your options carefully, work out the costs involved with each one, and then decide which is the best option for you.
How does Local Surveyors Direct make money out of all this? This website provides an advertising service to help its customers find suppliers. Customers do not pay anything to Local Surveyors Direct. The suppliers listed on this site make a payment to us for leads (a lead is when your details are passed to the supplier). These payments are usually in the region of a few pounds per lead. This website does not have any other income. We do not charge commission on any orders that may result from a contact obtained via this website. We list contact details for people who may be able to provide the service you need. We do not make any recommendations and any orders that you place are directly between you and the supplier.
Before purchasing a property you may consider arranging for a Building Surveyor to have a look at it. If it is an older property they will probably recommend a full Building Survey but if it is a more modern property and relatively straight forward they may just recommend a Homebuyer Report. By selecting the appropriate service from the menu above you will be able to obtain a set of estimates directly from Building Surveyors in your area.
This website can also provide sets of estimates for Conveyancing.
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