Service

Mortgage

Secure your dream home with our expert mortgage services. Whether you're a first-time homebuyer or looking to refinance, our team will guide you through the mortgage process, ensuring you find the best terms and rates tailored to your financial goals.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

100% independent and whole of market mortgage advice in Milton Keynes.

We guarantee that your mortgage journey is not only positive but also free from stress. From the initial appointment right through to completion, we're there to guide you every step of the way. We take into account a wide array of lenders on the market, including banks, building societies, and exclusive non-high street lenders that aren't directly accessible to the public. All to ensure you get the best deal possible.

Independent

Searching the whole market for you.

No Advice Fees

No fees on most mortgages over £150.000 - see fees page for more.

Highly Recommended

You can feel confident your mortgage is in the right hands.

Milton Keynes Brokers

Face to face advice in Milton Keynes.

FAQs

At what point in the process should I consult a mortgage broker?  When is the ideal time to do so?

Ideally, you should consult a mortgage broker before you even start the process of buying or selling.
This allows you to establish your affordability and borrowing capacity, enabling you to confidently view properties within your range.

Over the years, we’ve seen many who’ve made offers on homes without knowing their borrowing limit.
Therefore, it’s crucial to understand the services a broker can offer early in the process.

Can you help me get an Agreement in Principle?

An Agreement in Principle, a common term in the mortgage world, ensures you are ready to purchase your home.
It’s recommended prior to property viewings as it assures estate agents of your credit approval and mortgage availability, preventing wasted time and potential disappointment for sellers.
It’s a necessity for both First Time Buyers and home movers when dealing with most estate agents.

I am Self-Employed.  How can I get a mortgage?

Most mortgage lenders will offer mortgage to self-employed borrowers at the same rates and criteria as employed clients.

What can be tougher is providing the correct documents for the application to prove your income.
Most lenders will require a minimum of 2 year’s accounts but it is possible to obtain self-employed mortgage after just one year’s trading.

How does my credit history affect my chances of securing a mortgage?

Mortgage lenders will review your credit score, annual salary, and personal details to assess the risk of lending to you.

A strong credit score improves your chances of mortgage approval and widens your choice of lenders.
Consider potential oversights like not being on the electoral roll or not closing unused credit card accounts, as these can negatively impact your credit score.
Always review your credit score before applying for mortgages to identify any potential reasons for rejection.

What documents will I require to apply for a mortgage?

Each lender will have their own criteria to underwrite your application but most will require ID and proof of address, your last 3 payslips or recent business accounts.
If self-employed, your last 3 months bank statements and proof of any deposit.

Get in touch

Partner with experts
for a better tomorrow.

We’re here to help! If you have any questions or need assistance with your financial planning, don’t hesitate to contact us. Your journey towards financial success starts here!

info@mkfa.co.uk
01908 764030
Lovat Bank. 37 Silver Street
Milton Keynes. MK16 0EJ
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