Mortgage Broker Yorkshire
Our mortgage brokers are independent of any lender and offer a full spectrum of straight talking, expert financial advice. Perfectly positioned to help you with your mortgage requirements.
Access to the Whole Market
FREE* consultations
for Yorkshire
for Yorkshire
Convenient
Remote Appointments
Remote Appointments
Impartial Mortgage Advice
FT Top 100 Mortgage
Advisors 2022
Advisors 2022
Why choose Mortgage Brokers with SAM Conveyancing?
Whether you are making a purchase or remortgaging a property, using an impartial mortgage advisor saves you from being pressured by any specific lender, so you can choose the best deal available from the whole market.
We can offer you a free* initial consultation with our independent mortgage brokers at Advies. They search across the whole market to provide the best mortgage rates that match your needs and circumstances, with access to exclusive rates that can beat the high street lenders.
We are delighted to announce that Advies have been recognised by the Financial Times as being one of the FT Adviser UK Top 100 Financial Advisers 2022.
Our mortgage advisors attain the strictest Financial Conduct Authority standards, to ensure honest, competitive and fair services, to you.
Bank of England Base Rate
5.25%
Increased from 5% on the 3rd August 2023.
How to get a mortgage in Yorkshire
Property prices in Yorkshire can vary to a great extent. The average price in Sheffield for detached houses is £392,606, whereas in Kingston Upon Hull it is £250,496.
Location | 10% Deposit | What would your salary need to be? (estimated based on 4.5 times salary) |
Sheffield | £39,260 | £78,521 or £39,260 per salary with a joint purchase |
Kingston Upon Hull | £25,049 | £50,099 or £25,049 per salary with a joint purchase |
Are you self-employed? 5 Tips for Getting a Self Employed Mortgage
The rate of your mortgage will affect your affordability assessment. Use our calculator to see how the current rate will affect your monthly payments.
Our Mortgage Broker Guide to getting a mortgage in Yorkshire
The mortgage application process has 4 stages regardless of which mortgage lender you use:
- 1Approval/Decision in Principal (AIP/DIP)
- 2Mortgage in Principal (MIP)
- 3Mortgage Valuation
- 4Mortgage Offer
#1 Top Tip
Difficulty getting a loan from a bank? Try a Credit Union instead
Credit unions are 'not for profit' and offer low-interest loans, normally to people living or working in a particular area. APRs offered are generally lower than those of banks, saving you money on interest and therefore your repayments will be cheaper.
You need to become a member of a credit union first and some require you to build up savings with them before they'll let you apply for a loan.
#2 Top Tip
Remortgage
When you already have a mortgage in place, there are various reasons why you might want to renew your mortgage or change providers. This is called getting a remortgage. You might have come to the end of a fixed interest term period, for example, and be seeking a new fixed interest term rather than going on to your lender's standard variable rate, or you might want to get a lump sum to carry out a loft conversion.
To find out more, click on Remortgages
Selling? Consider ordering your own local authority search
- One of the conditions that a lender imposes on a buyer buying a property with a mortgage is that the buyer must purchase a local authority search. Additionally, cash buyers often buy this search for their own peace of mind.
- The local authority search takes the longest to be returned; anything from 1 week/10 days to 6 weeks and beyond sometimes.
- A seller can therefore pre-empt this by buying their own local authority search, which they can then sell onto a prospective buyer.
- They also benefit by being notified of any planning orders etc.
Frequently Asked Questions: Mortgage Brokers Yorkshire
The role of a mortgage broker is to take your information and compare multiple deals from different lenders, based on your specific details, to find you the best option.
The benefit of using a mortgage broker is having one expert doing the research and comparison for you, rather than dealing with multiple lenders who all want to sell you their own product. Our independent Yorkshire mortgage brokers have access to better deals than the general public and can negotiate on your behalf.
Unless you have already found a mortgage products and aren't really interested in finding a better deal, it is always worth using a mortgage broker and when your initial consultation is free with SAM Conveyancing, what have you got to lose?
Some homeowners want the convenience of borrowing with the same lender than they currently bank with. Even then it is often worth going through a broker anyway, as they may be able to get you an exclusive offer from that very same bank, that you wont have access to.
Most mortgage brokers make their money in a flat fee or a commission which is paid to them by the lender. Some brokers charge a fee to the borrower which is normally payable as a flat fee, or it can be financed with the mortgage.
You'll need a mortgage approval in principle in order to budget, so you should get a mortgage broker before you start looking for houses and certainly before you make an offer on one. In fact, some people speak to a mortgage broker as soon as they decide to get serious about buying a home.
There's no need to meet a mortgage broker face to face. Our hand selected mortgage experts offer convenient remote meetings by phone, for award-winning, national coverage.
A mortgage broker will be quicker purely based on their greater experience. They will be able to check your application to make sure it's not rejected for commonplace mistakes and they can steer you away from wasting your time applying for mortgage products or to lenders who are likely to turn you down.
* How does the Free Mortgage Consultation work?
SAM Conveyancing has negotiated a FREE Mortgage Consultation with our panel mortgage broker. This allows you a free mortgage consultation to discuss your specific requirements and provide mortgage opportunities for the Service being requested. If you want to proceed with a formal mortgage application through your mortgage broker, then a mortgage application fee maybe payable. If there is a fee to pay for your mortgage application, it will be explained to you at the point of discussing your mortgage options.
You can disengage the services of your Mortgage Broker prior to making a formal application and no fee will be levied.
Read our - Terms and Conditions.
SAM Conveyancing is an approved partner of Advies Private Client, and this page is an advertisement for them. SAM Conveyancing does not provide or arrange mortgage advice, but we may receive a commission for any product you take with Advies Private Client after we introduce you to them.
SAM Conveyancing is not regulated by the FCA and does not provide any insurance or mortgage products products nor can we provide any advice on different insurance or mortgage products. Please liaise with your chosen Advies Private Client for any insurance advice.
**Subject to availability. If we are fully booked ask and we will see if we can fit you in sooner.
Mortgage Broker Yorkshire - Recently Completed
- Springhill Road, York, Yorkshire YO12 4AE
- 62 Lulworth Avenue, Leeds, Yorkshire LS15 8LN
- Malham Drive, Harrogate, Yorkshire HG3 2YQ
- Park Spring Close, Sheffield, Yorkshire S2 3QT
- Freesia Close, Harrogate, Yorkshire HG3 1FL
Watch our video to find out how to organise your mortgage and funding for your purchase.
Click to access our online mortgage payment/repayment calculator (UK).
