Eddison Wells mortgage brokers in Manchester provide advice to customers looking to get a great deal on their mortgage. As mortgage advisors, we use our industry experience and knowledge to find the best possible deal by comparing over 60 lenders plus we have dedicated account managers with the banks so if you have a situation that needs personal help to explain & not just a computer. If you are searching for a mortgage deal in Manchester, book a free, no-obligation appointment with one of our mortgage brokers today.
Covering both personal and commercial mortgages in Manchester, our professional brokers provide a range of services, including remortgaging and buy-to-let support, in addition to expert advice for first-time buyers in Manchester.
To request a call back at a suitable time for you, or to book an appointment with one of our Manchester based mortgage brokers, simply fill in the contact form below.
First Time Buyer – Manchester
With so many factors to consider, it can be difficult to know where to begin when looking for your first mortgage. Speak to one of our Manchester based mortgage advisors to discuss the various available options for your first property purchase
There are a wide range of providers and mortgages across the market providing a vast selection of mortgages to choose from, and useful though it may be to have plenty of choice, it can leave you feeling completely daunted and confused.
You are not limited to just mortgages designed for first time buyers. Depending on your circumstance, our mortgage advisors will recommend the best mortgage for you from the wide array of mortgages on the market. This can include fixed rate mortgages or base rate tracker mortgages, we use our expertise and industry knowledge to find the best deal for you.
Remortgage Advice Manchester
Your mortgage may have been the best deal for your circumstances at the time but is it still performing as well as it could?
Remortgaging is a good way to escape high variable or fixed interest rates and more and more UK homeowners are moving their mortgages to save money. Even if you have just come out of a special deal and are obliged to pay a penalty if you change mortgage, do not be deterred, re-mortgaging often reduces your monthly mortgage payment enough to still save you money in the long term. Depending on your current situation, one of our Manchester based mortgage brokers will be able to offer advice and can search for a remortgaging deal that saves you money.
As well as reducing your monthly payments, our mortgage brokers can search for options that release the equity that has built-up in your property over time. If you have owned your property for several years, it could be worth more than your outstanding debt therefore taking out a larger mortgage could release some extra cash. This could be spent on home improvements, a new car or a luxury holiday if you like.
When you re-mortgage, you are essentially replacing your existing mortgage loan with a new one, shifting your debt from one mortgage lender to another. There are thousands of remortgages available across the UK mortgage market and our Manchester based mortgage brokers will take into account what different mortgage lenders are offering at present and find the best remortgage deal for your new circumstances.
Buy to Let Mortgage Broker Manchester
A buy-to-let mortgage (also known as an investment mortgage) is designed for borrowers who want to let their property out to a third party (i.e. tenants).
More and more people are investing in property as a long-term opportunity to make profitable returns, and as a way of securing finance for their retirement. There are now plenty of competitive buy to let mortgage deals around that are specifically aimed at the buy-to-let market. If you are unsure how to proceed in the buy-to-let market, receive mortgage advice from one of our brokers. Eddison Wells are here to find the best available deal tailored to your circumstances.
You will be required to put down a deposit for buy-to-let mortgages and this will be typically larger than for a standard residential mortgage – it will likely be 15-25% of the property’s value.
In addition, mortgage lenders will often assess buy-to-let mortgages on the earning potential of the property (i.e. the rental income) as well as normal income. The rental income of the property will usually need to be 125-130% of the monthly mortgage repayments. For more information, book a no-obligation appointment with a mortgage broker today.
Moving Home In Manchester
If you are already paying your mortgage on your current home and you are moving home you can often move (port) your existing mortgage to your new home, which is possible with many lenders, or you can begin a new policy and repay your current mortgage (as well as any early repayment fees).
Speak to one of our mortgage brokers in Manchester for advice on porting your mortgage to a new home.
No matter how much you are able to save there will be options available to you but these will all depend on your individual circumstances. To discuss the available choices with a professional mortgage advisor in Manchester, you can speak to Eddison Wells by calling us on 0800 808 9981 – or request a call back.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Consultation is absolutely free and no-obligation. We charge a brokerage fee of up to 1% upon acceptance of your mortgage application, however, a typical fee is 0.3%.
Request a Call Back
Would you like to speak to one of our mortgage brokers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.
Why Eddison Wells?
Here at Eddison Wells, our core ideals of value, and transparency permeate everything we do. As mortgage advisors we aim to establish long-term relationships with our customers. With the mortgage market changing daily, and many offers only available directly through mortgage brokers, or for limited times, we aim to find the best deals available to you.