Opening hours:
Mon - Sat 8.30am - 7.30pm
Evening and home appointments available
Useful Information for a Speedy Mortgage
We will initially send you a short questionnaire which we would ask you to complete in as much detail as possible, as this provides us with an excellent overview of you and your requirements from the outset.
As part of the mortgage application process there are a number of important documents, we require from you and obtaining these as early as possible is vitally important for two key reasons. Firstly, it will help us have a full understanding of your situation meaning that we can provide you with the best possible advice. Secondly, it will ensure that once your mortgage application meets all the regulated compliance and FCA money laundering requirements, it will progress as smoothly as possible. Please note in most cases we can accept scans of documents unless specified below. Scans in PDF format are preferable to photographed documents.
Please click the link to view or download our Useful Information for a Speedy Mortgage guide.
Helping Loved Ones Get Onto The Property Ladder
Sky high house prices, slow wage growth, student loans and rising rent costs mean that getting on the property ladder is challenging. But the desire to own a home remains strong for many young adults. Now, the affectionately known ‘bank of mum and dad’ (or bank of other family members) may wish to lend or give money for deposits and other house purchase costs.
Please click the link to view or download our
Helping Loved Ones onto the Property Ladder
Useful information about using your HTB ISA or LISA towards your deposit
You can use the Help to Buy: ISA or Lifetime ISA with other government schemes, towards your first-time buyer deposit.
There are guidlenes you must follow to use your government bonus. Please see our guide for more information.
Please view or download our guide about using your Help to Buy ISA and LISA towards your deposit
Stamp Duty information from 23 September 2022
You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land over a certain price in England and Northern Ireland.
You pay the tax when you:
• buy a freehold property
• buy a new or existing leasehold
• buy a property through a shared ownership sche me
• are transferred land or property in exchange for payment, for example you take on a mortgage or buy a share in a house
The threshold is where SDLT starts to apply. If you buy a property for less than the threshold, there’s no SDLT to pay. The current SDLT threshold for residential properties is £250,000. The threshold for non-residential land and properties is £150,000.
You’ll get a discount (relief) that means you’ll pay less or no tax if both the following apply:
• you, and anyone else you’re buying with, are first-time buyers
• the purchase price is £625,000 or less
Please download our guide for further information about Stamp Duty from 23 September 2022
Let Us Help You to Arrange Your Conveyancing
We are able to offer our clients a choice of local solicitors at comparatively discounted costs. They are local and approachable, giving you the reassurance when buying or remortgaging. We have worked with these professional conveyancing experts and can recommend their services. Please contact us to provide you with a quote so you can see the saving.
Please click the link to view or download our
Let Us Help You to Arrange Your Conveyancing guide
Let us help you to arrange a mortgage if you are Self-Employed
At Bristol, Weston, Bath and Exeter Mortgages Online we deal with a great many clients who have their own businesses and will gladly discuss all the options available to you if you are self-employed, even if you only have one year’s accounts.
Please click the link to view or download our Let Us Help You get a mortgage if you are Self-Employed guide
Let us help you if you have an Adverse or Poor Credit History
A poor credit rating can be a major barrier to getting a mortgage, but the good news is, there are lenders who are prepared to help those whose applications may be refused elsewhere. It might not seem fair but even having a big deposit in place and a decent salary isn’t enough to guarantee you a mortgage, if you have a poor credit history.
Banks and building societies are cautious about who they lend to, so they always check credit reports carefully to see if potential mortgage customers have defaulted on any debt payments in the past. They will also look for any County Court Judgments (CCJs) against you, or if you have ever filed for bankruptcy. In any of these scenarios apply, the chances are you won’t be eligible for some mortgage deals that are on offer – even if your financial problems occurred in the past few years.
Please click the link to view or download our Let Us Help You if you have Adverse Credit guide
Let Us Help You Understand More About HMOs
Lenders consider HMOs as specialist properties, which means getting a mortgage on one can be more complicated and expensive than if you were letting a standard home. Previously, a property was only classified as an HMO if it was at least three storeys high, but this rule was removed in England and Wales, pushing thousands of rented homes into the HMO category. The usual deposit required is 25%.
Please click the link to view or download our Let Us Help You Understand More About HMOs guide
Bristol Mortgages Online
Henleaze House
13 Harbury Road
Henleaze
Bristol
BS9 4PN
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Bristol Mortgages Online
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