Mortgages

HOW WE HELP WITH MORTGAGES

Black Country Homes have access to thousands of mortgage products which, coupled with expert advice, ensures a product tailored to match your requirements

We are not tied to any High street Bank or Building Society, so we offer all our clients whole of market service, which means we are unbiased and look at almost every single lender to find the most suitable and best value mortgage for you.

The services we provide can help with all types of mortgages including Re-mortgages, First Time Buyers, Moving House, Self Certification, Adverse Credit, Shared Equity, Commercial and many more.

Mortgages are likely to be the largest single transaction in most people’s lives. Buying a property can be a stressful and time consuming experience, although nowadays the financing of a mortgage is a case of finding and selecting the most suitable deal, rather than simply accepting a lender’s offer.

Hundreds of banks, building societies, and smaller niche lenders compete for your business, all offering a variety of interest rate deals, associated fees and other enhancements to attract borrowers.

Mortgage Calculator

Remortgages

There are many reasons why you may want to re-mortgage, you may want to do:

Capital Raising
Home Improvements
Debt Consolidation
School Fees
Holidays / Cars
Buy Other Property
Business Purposes
Divorce Settlement

Whatever your reason, as a ‘Whole of Market’ broker, black country homes can find the right mortgage based on your individual requirements for you.

Adverse Credit

One in four people, or roughly 5 million households in the UK, experience problems when trying to get a mortgage or remortgage because they have some form of bad credit (or adverse credit).

Those people with poor credit history, for example – mortgage arrears, defaults, IVA’s, Bankruptcy, County Court Judgements (CCJ’s) and other problem debts should, with our help, be able to get an adverse credit mortgage.

When you apply with the high street lender they will run a credit check with a credit reference agency. If there are any problems with your history you will be a given a low rating, and will probably struggle to get a mortgage. However, there is an ever increasing number of lenders that do provide mortgages for people caught in this predicament.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up payments on a mortgage or debts secured on it.

Self Certification

Are you having trouble finding a mortgage or remortgaging because you’re self-employed or have an irregular income?
Then a self-certification mortgage may be the mortgage option for you. But do you qualify for this type of mortgage?
To find out more contact us and we’ll advise you on the self-cert mortgage process and if this is the option for you.
But in the meantime we’ve outlined below some background information on self-cert mortgages that we hope you’ll find useful.

What exactly is a self cert mortgage?

In a nutshell a self-cert mortgage allows you the borrower to certify your own earnings without having to supply proof of income documentation, such as pay slips or fully audited accounts.
With around 15% of the UK population now being self employed, self-cert mortgages are becoming increasingly popular.
As the market becomes increasingly competitive, the deals available are just getting better and better.
Is self cert the mortgage solution for you?

Self-cert mortgages are ideally suited to those who are self-employed, or employed but have an irregular income, due for example to bonuses and commission. They are also ideal for those who have several jobs, are seasonal wage earners or those who regularly undertake contract work.

What can we offer you?

As we have access to thousands of mortgages and excellent deals with a huge range of lenders, we can offer a wide range of self-cert mortgages with some special features:

Loans with no income checks up to 85% of the purchase price or valuation of the property
Available for the employed and self employed
Available to those with more than one job or pension based income
True self-certification mortgages available up to 85% of the purchase price or valuation of the property
Those that have just started trading can be accepted.

Whatever your employment situation, we’re certain we can find the mortgage for you.
So if you’re having trouble finding a mortgage because you’re self-employed or have an irregular income, then talk to us today!

First Time Buyer

Getting on the property ladder without specialist help can be a daunting frightening experience. This is why many first time buyers find black country homes expertise and explanations in plain English invaluable.

We understand that buying a property can be a very stressful and difficult to understand process. We aim to make sure that you understand 100% of the step you are about to take with regards to your finances.
We will discuss a length your preferences, specific needs and future plans to ensure we give the most suitable advice and recommend the most suitable product for your situation.
We can also offer insurance services so that you, your family and home are adequately protected with the correct products for your situation.

We are there to help at any time you feel you need to discuss the situation.

B4uy to Let

If you are considering buying an additional property as an investment which you intend to rent out one of our dedicated advisors can help you.
There are a range of lenders in the market place that specialise in this type of transaction and we can happily recommend which one we feel is most suited to your circumstances.

If you do not keep up your mortgage payments, your house may be repossessed!