Mortgage Broker Middlesbrough – A local touch
CS Mortgage Solutions is a leading Mortgage Broker in Middlesbrough and the north East. As experienced mortgage brokers, we have a strong track record of providing our clients with mortgage solutions to match their circumstances. We have built strong relationships with a wide range of lenders, ensuring that you are able to make the right choice for you.
What does a mortgage broker do?
Many people, when they decide to buy a home, assume that they should contact their bank for a mortgage. This is not always the best option for your particular financial services or situation.
A mortgage broker is a professional who specialises in arranging mortgages between lenders and buyers. They act as middlemen (and women) who handle all of the paperwork and negotiation with lenders on your behalf.
What are the benefits of using a mortgage broker?
Access to a wider range of lenders – It’s not just the main high street banks that provide mortgages, there is a wider range of lenders out there. Some lenders will work exclusively with mortgage brokers, giving them preferential rates they can pass on to you.
They can increase your chances of being accepted – Lending criteria for mortgages is complex. There are many financial and affordability checks to go through before you are accepted by a lender. We can work with you to assess your finances and credit score and offer advice on how to get your finances in the best shape before you apply to lenders. Careful planning at this stage can make it more likely to be accepted by lenders and receive the most appropriate rates.
They can reduce your costs – Arranging a mortgage involves a number of different fees. These can add to your home buying costs substantially. Using a mortgage broker can help you manage your fees through reduced rates.
They save your time – If you are determined to get a good rate on a mortgage, then you need to contact a number of lenders. This requires you to spend a lot of time filling in paperwork, phone calls and emails. A mortgage broker can do all of this for you.
What services are offered by a mortgage broker?
Here at CS Mortgages, we provide a range of services to homebuyers, including:
First Time Buyer
It can be daunting taking that first step on the housing ladder. There are many mortgage products out there targeted at first time buyers. Navigating this market can be difficult, especially when you have no prior experience of the property market. We can help you find the right product to take that first step.
If you are coming to the end of your current fixed-rate mortgage period or have built up equity in your property, we can take you through your options for remortgaging or releasing the equity in your property.
Mortgage Protection Insurance
No one likes to think about the bad things that can happen. Should the primary mortgage payer die, mortgage protection insurance ensures that your mortgage is paid off.
If you are planning on purchasing a property to rent out to tenants, then you need a buy-to-let mortgage. The rules around buy-to-let mortgages are different from those of standard residential mortgages. We can take you through the range of products available for buy-to-let borrowers.
If your employment is not a typical PAYE contract, you may need to look for a specialist mortgage. This could apply to you if you are self-employed, a company director or over a particular age.
Traditional lenders will not always cater for your particular set of circumstances. A mortgage broker will help you to arrange the necessary paperwork and approach specialist lenders to help you find a mortgage product to suit your circumstances.
What are the benefits of using a local broker?
CS Mortgages helps buyers across Middlesbrough find the most appropriate mortgage deals for their circumstances. Our brokers are all highly experienced.
You are our priority – as our client, we have a legal duty of care to work in your best interests and give you access to the most appropriate deal for you. We are not beholden to a particular lender.
Unrivalled local knowledge – our mortgage brokers live and work in the Middlesbrough area. Their expert knowledge of the local housing market and lenders is something that cannot be replicated by an outside broker. Knowledge like this is a huge benefit when looking to buy in the Middlesbrough area as you will benefit from not only our local knowledge but our experience and local contacts (Estate Agents and Solicitors) too.
We care passionately about making financial advice accessible to all, in an easy to understand and friendly manner. We aspire to raise standards in all areas of financial advice and hope to challenge any negative industry perception by offering a genuine and trustworthy service.