Have your mortgage sorted before you start your property search

The key to your property search is making sure you have a mortgage offer in place so you know exactly what you can afford, taking into account your deposit and any equity in your current home. As the average interest rates for 2- and 5-year fixed mortgages start to reduce, and lower rates for 60-85% loan to value mortgages are filtering through, we’re seeing more buyers are looking to move this spring.

If you have a mortgage in principle ready, it makes you a more credible buyer and once you have your own property under offer (if you have something to sell) then you are best placed to make a sound forwarding offer and you will be taken seriously by the vendor. The same is true for vendors, as most people go on to buy another home, and knowing what you can afford to move on with will also help you judge accepting any offers on your property.

We have partnered with Pilgrim Mortgages & Protection who provide professional advice and offer a comprehensive range of mortgage products from across the market. They are aware of which lenders are active in any given market and each lender’s criteria and may even have deals that are exclusively available to them.

Pilgrim Mortgages offer finance for primary or second homes, buy-to-let mortgages, property portfolio finance, property development and new build finance. They specialise in first time buyers, buy-to-let, large mortgage loans, mortgages for people with complex circumstances such as the self-employed, those with foreign earned income, professional sportspeople, contractors, and NHS staff. Pilgrim Mortgages & Protection, a trading style of Kellye Pilgrim, is an Appointed Representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. In Compliance with the Consumer Protection from Unfair Trading Regulations 2008 Humphrey & Brand must disclose to clients (both sellers and buyers) the receipt of fees we receive, including referral fees, within the Estate Agency sector.

As well as a vendor’s obligation to pay our commission or fees we may also receive a commission, payment, fee, or other reward or other benefit (known as a Referral Fee) from ancillary service providers for recommending their services to our clients. A full disclosure is detailed below.

Financial Services
We recommend sellers and/or potential buyers use the services of Pilgrim Mortgages. Should you decide to use their services you should be aware that we would expect to receive a referral fee of up to 35% of the lender’s fee for recommending them to you.

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