This means that you have OFFICIALLY been offered the mortgage by a lender.
Let us explain a little bit about what it takes to get you up to this point and also a few extra things that might be of interest to you.
All the hard work that we put in as mortgage brokers in Hull is leading up to you getting the mortgage offer from the lender. This requires us to gather all of the information from you before approaching the lender to ensure that we have a complete understanding of your financial situation, your plans and goals, and your preferences for a type of mortgage. Once that we understand your needs then this will allow us to make a Mortgage Recommendation to you.
If you are happy to proceed with the Mortgage that we are recommending, then we will submit your application to the lender. This is when things really start to progress. You will then have an underwriter (or a team of underwriters) from the lender who will be assessing the information you have given about your circumstances to ensure that they are happy with you as a customer. The lender will then usually instruct a surveyor to value the property in Hull to ensure that they are happy to lend against it and to make sure it is good security, and also worth the price that you are paying for it. Once they are happy with yourself as a customer and also the property in Hull as security then they will OFFICIALLY offer you the mortgage!
I am glad that you asked…
Once you have been offered the mortgage, then a copy of the mortgage offer is supplied to the applicants (that’s you!), the Hull mortgage brokers (that’s us), and also to your solicitor (you’re going to need one of those too)… and then it is over to your solicitor to deal with the important legal matters and work towards a completion date (That’s when you get the keys and it’s officially your new home in Hull).
We are going to be with you for each part of your mortgage journey and we will stay in regular contact. We will let you know once that your mortgage application is submitted, we will keep track of when the valuation dates are getting booked in and also when we get you your mortgage offer.
We have helped customers in Hull with all types of situations and secured mortgage offers on lots of different property types.
We offer Free Mortgage Appointments to all of our customers in Hull.
If you would like to talk to a mortgage broker you can rely on in Hull, then contact us today by either calling, sending a message or book an appointment online through our website