They say that moving home can be one of the most stressful experiences in life. However, with a mortgage broker in Newcastle on your side, we aim to take as much of the stress away as possible.
One of the main reasons why moving home can be a stressful ordeal, is that you have both a purchase and sale to complete at the same time. Although the paperwork and simultaneous completions will ultimately fall with your conveyancing solicitor. You will still have to secure your onward purchase as well as a buyer for your existing property within a time window.
If you are looking to move home in Newcastle, our experienced team can help ensure that your home buying process runs as smoothly as possible. Our mortgage advisors in Newcastle will be here to support you throughout the whole journey, answering any questions that you may have.
We can search through 1000’s of mortgage products to find you the best deal for your circumstances. If you are looking to move home in Newcastle, then please don’t hesitate to contact us. We offer all of our customers a free no-obligation mortgage consultation, our team are ready to help start your home moving journey.
In Newcastle, the majority of mortgages are "portable," which means that you can transfer your current mortgage to a new property if you meet the eligibility criteria. However, if your circumstances have changed and you need to reapply, you may no longer qualify and will be subject to a re-evaluation.
Relocating in Newcastle can be expensive, and there are several costs to consider, such as estate agent fees, property survey fees, mortgage arrangement fees, solicitor's fees, removal costs, and fees from a mortgage broker in Newcastle. When you move, your legal representative will repay your existing mortgage in full using the proceeds from the sale of your property.
If you're purchasing a new property and your lender permits it, you can either start a new mortgage or transfer your current mortgage to the new property. You can pay off your mortgage in full at any time, but you'll be required to pay any early repayment fees that apply.
If you're in your introductory, fixed, or discount period, most mortgage providers will allow you to make annual overpayments of up to 10% of your mortgage balance per year. However, if you're on a standard variable rate, you can typically make as many overpayments as you'd like.
Our Customers Love Us
5.00 Rating15 Reviews
Matt has been amazing. He not only found me the cheapest mortgage but also made sure that the offer is secured quickly. He remained in close contact advising me at every step of the process. He also helped me in negotiations with the vendor’s...
2 months ago
Helped us to find a reasonable deal but also requested a better one when the lender reduced their rates
3 months ago
Fantastic service and had our mortgage approved within a week of our first call! Chris and Jo were a pleasure to deal with and available to chat at a moment's notice, even at weekends. The process was incredibly smooth and any recommended parties...
4 months ago
Matt gave us really good advise, which helped to give us the confidence to proceed with purchasing our first home. Once we had an offer in we were quickly shown the best mortgages to apply for, life insurance/critical illness insurance, and we were...
1 year ago
Brilliant service as always. Thank you guys 🙏 🏡
1 year ago
Both Jason and Chole were very helpful in helping me and my partner secure a mortgage despite having trouble getting one in the past.
1 year ago
Great response and very friendly service. Very helpful.
1 year ago
My experience with this company has been great and I highly recommend them. From the initial stages through to getting the offer, everyone I spoke with was informative, professional and friendly. Tom and Jonathan really helped with the initial...
2 years ago
I have spoke to Arron today, I have received excellent customer service. He listened me carefully and answered all my questions promptly!! Good adviser.
2 years ago
Amazing! UK moneyman were there every step of the way. Making sure I understood everything and taking the stress out of buying your first house. They were very responsive to emails, calls and gave excellent customer service. 10/10 could not fault...
2 years ago
All staff, very efficient,communication excellent and found us a great deal on our mortgage as my credit rating wasn’t great.Thankyou very much Leo and Newcastle moneyman.
3 years ago
Being self employed it was hard to get a mortgage!but thanks to Newcastle money man I’ve got one !!!thanks again would definitely recommend them!👍
3 years ago
Professional service from start to finish. Very helpful with all of the questions I was throwing at them also. Would recommend 100% and we feel we for the prefect product mortgage for us. Thank you guys!
4 years ago
Great advice from start to finish. I had only dealt with a Broker via Estate Agents before so it was a little different to do everything over the phone but much better really because I was able to speak to someone late into the evening after I had...
4 years ago
we just used this mortgage brokers for a mortgage on our new house. right from the initial phone call, the service received was very swift and carried out by professional yet very caring people. they made sure that every detail was done to the...
4 years ago
By consulting with an experienced mortgage advisor in Newcastle, you can discuss your current situation and future goals.
During the free consultation, your mortgage advisor in Newcastle will gather information about your income and expenses to determine your maximum affordability.
A mortgage advisor in Newcastle will sift through thousands of mortgage products to find the one that suits you best.
We will help you obtain a mortgage agreement in principle, which can serve as useful support for any offers you intend to make.
After your offer has been accepted, your mortgage advisor in Newcastle will send your full mortgage application and evidential documents to the mortgage lender.
Throughout this process, a dedicated case manager will keep you updated until you receive your formal mortgage offer and complete your purchase or sale.
Our services extend beyond finding you the most suitable mortgage deal; we will also offer relevant insurance recommendations to ensure the safety of you and your loved ones.
We will contact you when it's time to renew your mortgage to ensure you always have the best deal.
All customers will receive a free no-obligation home movers review. As part of this review, we will look at what you are trying to achieve and make sure that this fits within your affordability. Looking at both your monthly payments and the maximum you could borrow.
Once we have taken some initial details and what you are looking to achieve during your free home movers review. Your mortgage advisor in Newcastle will then go away and search through 1000’s of products to find you the best deal.
If you are happy with our recommendation, we will then look to obtain your mortgage agreement in principle. This will will help you back up any offers that you would like to make.
When you have found your new home in Newcastle and have had your offer accepted, the team will then process your full mortgage application, taking care of everything right through until completion.
If you are looking to move home, then our team of experienced Mortgage Advisors in Newcastle will be able to help look at your mortgage options. Working with you from your initial enquiry right through to getting the keys to your new home.
The team here at Newcastlemoneyman are very experienced with helping customers take that next step on the property ladder and there is rarely a situation that they haven’t come across.
It’s not just about finding you the best mortgage; we will be able to help with the various surveys available to you and help obtain conveyancing solicitor quotes. Further to your mortgage recommendation, your mortgage advisor in Newcastle will also recommend appropriate insurances to help cover your mortgage in any unforeseen circumstances.
Our team are ready to help you achieve your moving home goal, we look forward to hearing from you.
Many customers contact us early in the process for Mortgage Advice in Newcastle. Usually, these customers are wanting to get an indication of how much they would be able to borrow, at what interest rates, and what their monthly repayments would be.
Once you have had your Free Mortgage Consultation, your advisor will then search 1000’s of products to find you the best deal. If you are happy with our recommendation, we can then proceed to get your mortgage agreed in principle. With your mortgage agreement in principle (AIP) in hand, you are then armed and ready to back up any offers that you would like to put forward on your ongoing purchase in Newcastle.
If you have had your offer accepted on your new home in Newcastle, it is now back to your mortgage advisor in Newcastle to start your full mortgage application process. We can also help with the types of property surveys and recommend a conveyancing solicitor.
There are various reasons why your Bank or Building Society may decline your mortgage application. This could be because you didn’t meet the credit scoring criteria, or they simply will not lend you enough. Whatever the reason for your application being declined, it is still worth contacting a mortgage broker like ourselves, to explore specialist lenders.
We work with a range of lenders who offer specialist products which are tailored to clients that may have had credit issues in the past. Again, this will always come down to your individual circumstances and your credit file. Our mortgage advisors in Newcastle have extensive knowledge of these products and their criteria.
Above are the most popular reasons our customers reach out to us for mortgage advice when looking to move home. If you do not fall into any of these categories, then please don’t hesitate to contact us. There is rarely a situation that we haven’t come across, and our team will be happy to assist you.