MORTGAGE BROKER IN HULL – NO BROKER FEE

Moving Home - Mortgage Advice in Hull

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Your home may be repossessed if you do not keep up repayments on your mortgage

Need a decision in principle?

As a Mortgage Broker in Hull, we have helped lots of our customers in Hull to secure mortgages when moving homes, and more often than not our customers in Hull will want us to get them a decision in principle to give them peace of mind before starting to look at properties.

Our Hull Mortgage Broker Team can help you to get a decision in principle

Here is a bit of information that you might need to know…

The first thing that we should point out is that a decision in principle might be also called other things such as an agreement in principle (AIP), a mortgage certificate, a mortgage promise etc., but ultimately, they are all the same thing, but for the purpose of the information within this page, I’ll refer to it as a decision in principle.

As a Mortgage Broker in Hull, we have helped lots of Home Movers in Hull to secure mortgages.

A decision in principle is proof that you have passed a credit score with a particular lender. A lot of lenders (but not all) will issue you with some form of documentation to prove that they are prepared to consider lending you the monies needed. However, this does not mean that you have been offered a mortgage. It simply means that they will consider an application based on the information you have provided about yourself.

When should I obtain a decision in principle?

In our opinion it is probably best to obtain a decision in principle before putting in an offer on a property. The first things that an estate agent in Hull will usually ask you for is proof that you can afford to buy the property in Hull. You can prove this is by supplying them with a copy of your decision in principle and proof of your deposit. They can then verify that you can afford to buy the property in Hull, inform the seller of your position, and hopefully agree the offer that you put in on the property.

Speak to one of our qualified Mortgage Brokers in Hull today to get you a decision in principle

How long is a decision in principle valid for?

All lenders offer slightly different time scales which usually range from 28 days to 90 days (or 3 months). It is not panic stations if you do not find a property within that time scale, it simply means that you need to contact us to relook at the options for you and reissue you with another decision in principle. Certain lenders do not issue a physical decision in principle but will let us know that you have passed a credit score with them. In this scenario we will provide you with a signed letter on our company letter headed paper to satisfy the requirements of the estate agents.

Does a decision in principle mean that I will be offered a mortgage?

A decision in principle means that you have passed a credit score based on the information that you have supplied to the lender, but this does not mean that you will be offered a mortgage. You will need to supply the lender with a number of things to prove the information given to pass the credit sore for the decision in principle stacks up. For instance, they might want to see your payslips for proof of earnings, or bank statements to check account conduct and to ensure that all credit commitments have been declared. All of this information is assessed by an underwriter and when they are satisfied with yourself as a customer then they will look to instruct a valuation on the property that you are either looking to buy or remortgage. Once they are happy with yourself as a customer and they are happy that the property in Hull that you are either purchasing or remortgaging is suitable security then you will officially be offered the mortgage.

All of our Mortgage Brokers in Hull are either from Hull or the surrounding areas and are familiar with the local area. We deal with different types of mortgage scenarios all day, every day, and we supply the highest of quality advice and service.

Mortgage Advice in Hull that you can count on… Hull Mortgage Experts

The ‘I Am A Mortgage Broker’ Team are based in Hull and will go above and beyond to help all of our clients to ensure they get an excellent service.

We can accurately work out how much you can borrow and how much of a deposit you will need.

We will guide you through the whole process from the initial telephone call, right through to your mortgage offer and then finally moving into your new property.

Trusted Qualified Mortgage Advice in Hull

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

We are a local and professional Hull Mortgage Broker that provides mortgage advice in Hull and surrounding areas.

It is important to speak with a Mortgage Broker in Hull to ensure that you get the best advice.

Here is what our customers say...

Joshua Peacham
Joshua Peacham
January 26, 2022.
I cannot recommend Paul and his team enough, i needed a 5% mortgage after just starting a new job, i had previously had difficulty with other advisers but Paul turned this all around relatively quickly and my mortgage has now been offered. Brilliant service, very professional, no messing about.
Dave Balfour
Dave Balfour
December 17, 2021.
Brilliant service from start to finish.Our advisor Chris couldn't be more helpful and always there if we needed any advice .Sorted our remortgage out quickly and effortlessly. Highly recommend .
katie minns
katie minns
November 22, 2021.
Absolutely 5star company I have used these for the past 4 years each time I need to remortgage they are amazing and with you every step of the way taking the hassle and stress out of it. 100% recommended 👌 I recommend them to all my friends thanks again Paul & team!! Making dreams come true x
Matthew Wigglesworth
Matthew Wigglesworth
October 13, 2021.
Paul and Emma got me a better deal on solicitors than I did when I shopped around myself they also turned around my mortgage exceptionally quick. Zero hassle . I didn't pay them a penny. Very good WILL use again.
T C
T C
September 29, 2021.
5* all round service. After being messed about by our previous mortgage advisor, it's been a breath of fresh air dealing with Paul and Emma. We were on a very tight deadline to swap deals before going onto the SVR and they managed get us sorted in a turbulent housing market . Every question we asked was answered promptly and all advice was very transparent. Thank you again!
Leanne Cable
Leanne Cable
September 15, 2021.
Cannot recommend Paul & Chris enough, nothing was too much trouble, especially for a first time buyer with no clue what was happening, answered every question i had.
lindsey Taylor-Harrison
lindsey Taylor-Harrison
September 6, 2021.
Paul and Emma have been fantastic from day one, very helpful and efficient and managed to get us a brilliant mortgage deal no problem. They where recommended to us by multiple people and we will definitley continue to recommend them to others. Thank you for taking the lead and taking a part of the stress of moving from us. Couldnt have found anybody better.
Charlie Meacham
Charlie Meacham
August 20, 2021.
First time buyers- I Am A Mortgage (special thanks to our case worker Emma) were so welcoming and helpful in the way they supported us through the process of buying a house the first time. There were complications over the course of the purchase, and they were all incredibly patient, helpful, and very very responsive throughout. Couldn't recommend them more!
Beth Clark
Beth Clark
August 10, 2021.
As first time buyers, Paul and Emma from I Am A Mortgage Broker were an absolute godsend for us! They made the whole process so easy, were always quick to respond to questions and took a lot of the stress out of the process. Cannot recommend them enough especially if you are a first time buyer. We found their help and advice invaluable and we will be using this service again when we next move house.
Suzannah Brown
Suzannah Brown
August 6, 2021.
Excellent service from Paul. Efficient, friendly and explained everything really clearly. Paul has arranged 2 mortgages and life insurance for us and we wouldn't use anyone else. Highly recommended.

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Your home may be repossessed if you do not keep up repayments on your mortgage