• Access to the best deals and rates from across the market
• Unbiased independent mortgage advice
• Experienced mortgage advisers
• Established company providing mortgage advice for over 25 years
• Convenient location in Millhouses, Sheffield

Firstly you will have an initial chat with our team to see if we can help. You will need to arrange a face to face appointment at a convenient time which will enable the adviser to provide you with tailored advice to suit your circumstances. Once you provide all the necessary documents and the adviser has identified a mortgage product for you, the adviser will then be able to provide you with your Agreement in principle certificate. This is usually valid for 3 months with most lenders and is a tool to help provide evidence that you can proceed when offering against properties on the market.

This depends on the complexity of your situation, for example someone with impaired credit may take longer to obtain a mortgage agreement. It also depends on the lenders service standards and turnaround times. On average it can take around 2 weeks from application submission to receiving an offer.

To help us determine your budget and affordability it would help is you are able to provide the following information before or at your meeting:

• Copies of passports and/or driving licences
• Copies of latest years council tax bill and/or utility bill dated within 3 months
• Copy of Marriage certificate (if applicable)
• Copies of Latest 3 months payslips
• Copies of Latest 3 months corresponding bank statements
• Copy of Latest years mortgage statement if applicable
• Copy of buildings and contents policy schedule
• Details of existing protection policies.
• Details of any pensions and investments including provider, policy number and latest valuation

If you are self employed we will need the following additional information:

• Your last 2 years tax calculations and corresponding tax year overviews.
• Your latest two years accounts.

Just because you have an impaired credit history doesn’t mean you cant get a mortgage. Ultimately it depends on what type of impaired credit you have, how long ago it was registered and whether or not its still outstanding. Some lenders are more lenient than others and will be more relaxed but generally you may only be able to approach specialist lenders rather than the high street ones meaning your interest rate may be slightly higher or they may reduce the level of borrowing. You will need to provide the adviser with a copy of your most up to date credit history report such as Experian in order to provide you with the most accurate advice.

The amount you can borrow is dependent on a few factors but the main one is affordability which can vary between lenders. The lender will need to know your income which you will need to prove in the form of payslips or self-employed accounts. Most lenders will also include state benefits as income such as child benefit, working tax credits and child tax credits which can help with affordability. If you have any existing commitments such as debts like credit cards or loans for example these will need to be taken into account along with how many dependents you have.