Moving house is an exciting time and Compass will help to take the stress out of moving house by searching the whole mortgage market for you. Our best advice would to be look at how much you can borrow before putting your house on the market, which means you will know exactly what your budget is when you start viewing houses and how much the mortgage payments will be. We can quickly and easily provide you with a mortgage certificate known as an agreement in principle. Please let us know what you plans are and we will be there to assist every step of the way, including speaking to estate agents and corresponding with solicitors where required.
Compass really is a one stop for all your mortgage advice needs, so why not contact us for a chat today?
Questions we're asked by house movers
In general terms lenders may lend up to 4.5 times your joint annual income.
We can look at a range of different terms for example 25, 30 or 35 years to help keep your mortgage payments affordable.
There will be valuation fees, solicitors fees, mortgage product fees & estate agents fees and with that each cost varies on the purchase & sale price of the properties.
We would recommend checking how much you can borrow before putting your house on the market. Else you may put your house on the market then realise you can’t obtain enough of a mortgage to move to your dream house.
We can provide you with an agreement in principle to confirm you are approved for the funds up to a maximum loan, customer’s find this helpful because they know how much purchase price they can definitely go up to when looking at houses.
From the day of application we expect you to have a mortgage in hand within 14 days.
Generally borrowers will have home insurance and life insurance. We can check the market for you and obtain the best policies for your circumstances.
Ready to take the next step?
It’s simple really – the best way we can help is to have a quick conversation, and understand your situation and what you want to achieve. We’re not pushy or sales-y, so get in touch for a no-obligation chat. Who knows? We might be able to get you a great deal.