Often, getting a mortgage is not always easy and can involve thinking “outside the box” a little. As an experienced mortgage broker in Sheffield, we know how to get by almost every complicated mortgage situation!
We work with a large number of mortgage companies that have lots of deals that cater to various mortgage situations.
Having a Specialist Mortgage Advisor in Sheffield on your side when you are looking to do something slightly unusual will most certainly prove to be highly beneficial to you.
It’s our job to work for you and to find you the most suitable mortgage deal for your individual situation.
We usually receive calls from customers in Sheffield who have been turned away at the last minute from a high street bank. Often, these customers can be weeks into the mortgage application process and then get turned away for one reason or another. Usually, the issue should have been picked up by the bank’s mortgage advisor at the outset.
Our customers can often lose money and/or their property as a result of the mistake, which causes stress and frustration. Without being 100% sure of lending criteria before your application you could be jeopardising your chances of getting a mortgage altogether. It’s not always easy!
Rest assured, we are very experienced dealing with clients in complex situations so we’d love to hear from you. Why not give our mortgage advisor in Sheffield a try?
Bad credit for a mortgage in Sheffield, typically refers to a situation where a potential borrower has a history of financial issues that could make it challenging to secure a standard mortgage from high-street lenders.
While having bad credit can make it more challenging to secure a mortgage, there are specialist lenders who may be willing to work with individuals with adverse credit histories.
You can't directly remove a CCJ from your credit file unless it was issued in error or if you've paid it off in full within 30 days of receiving the judgment. Otherwise, a CCJ remains on your credit file for six years from the date of issue, even if you subsequently pay it off.
While it's not strictly required to use a specialist mortgage advisor in Sheffield, it is highly recommended, especially if you have unique financial circumstances such as bad credit or if you're self employed. Specialist mortgage advice in Sheffield can help you find a suitable mortgage options for individuals who may not qualify for standard mortgages from high-street lenders.
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4.95 Rating193 Reviews
Jack
Jason and Stacey were great, informative, helped us save money and best of all super quick and responsive. Would recommend to anyone looking to buy their first or next house!!
1 week ago
Lucy
I have used Sheffield Moneyman three times, 2 new house purchases and one remortgage. Every time they have been very helpful, great at explaining the ins and outs of each option and are really good at keeping me up to date as the mortgage...
1 month ago
Mark
Went out of their way to get me the mortgage I needed ,both mar and Paula were fantastic
1 month ago
Derrick
Chris was a fantastic no-nonsense guy. We contacted him a year ago however we changed our minds then, he promised to contact us another year and we were surprised he did. He put us at ease and took him time to go through everything we needed. We...
1 month ago
Piotr
Really pleased and happy with the service I've received from moneyman mortgage experts and especially massive thanks to Matt Collinson to be so patient and helpfull throughout the whole mortgage application process. Much appreciated guys!
3 months ago
Hannah
Great service. Patiently explained the process and always quick to help and advise. Really recommend Wayne!
4 months ago
Jonathan
Really good to deal with highly recommended very professional and very friendly and helpful Tom Bowes was really good with us and helped us alot.
5 months ago
Morgan
We’re very impressed with our experience with UK MoneyMan! Me and my partner are first time buyers, from the first phone call with Dinah, to the case manager Stacey, everything has been so smooth, every question I had was answered quickly and had...
6 months ago
Kristian
I went to Malcolm for advice as my mortgage was up for renewal and I wanted to discuss other options. Both Malcolm and Lyndsey have been extremely helpful and informative throughout. I will definitely be using them again in the future.
6 months ago
Keeley
Massive thank you to Charlie and the rest of the team at UK Moneyman for helping us get our first mortgage. They went through everything in detail and explained things further when we needed them to. Couldn’t have done it without them
6 months ago
Millie
Very very good service. 5 Stars. Everybody was super helpful, from start to finish. Made a stressful situation so much easier!
6 months ago
Jordan
We have nothing but great things to say about Sheffield Money Man. Hugely helpful, personalised advice for our complex situation. Everybody we spoke to was incredibly helpful. We would 100% recommend them to our friends and family.
6 months ago
Martyn
This is the second time we’ve used Sheffield moneyman and couldn’t recommend them highly enough. They put their customer needs first, are kind, open and friendly and of course first class for finding mortgages:)
6 months ago
Rukhsaar
Super helpful and quick process! Leo was really clear and made sure to keep me updated
7 months ago
Guiseppe
Happy with the service received from Meghan and Tom. Helped my partner and I secure a mortgage offer during the most difficult economic time seen in decades. Took a lot of the worry and concern away from us and available to offer carefully guided...
8 months ago
Abigail
Wendy and Jason couldn’t have made this process any easier for us. Quick replies and chasing the lender and solicitor on our behalf. We got the best deal we could have hoped for which really will be life changing for us and our daughter. Thankyou...
9 months ago
Christine
Dan was extremely helpful and knowledgeable from start to finish. Would definitely recommend.
9 months ago
Gareth
From the very start, Charlie was an absolute god send. Took his time explaining every detail of the process and was very upfront about what timescales were going to look like. Even when he was away on holiday, still took time to drop me a quick...
9 months ago
Rachel
These are a fantastic mortgage brokers, they are very knowledgeable and break it down so you understand everything. They keep you up-to-date all the time with anything that happens. They have saved us quite abit of money too. They been...
11 months ago
Emily
Tom, Chloe and the team have all been very helpful in securing us a mortgage! They explained the process extremely well as we are first time buyers and so didn't know what to expect. They were always prompt with their responses and were happy to...
1 year ago
During your free mortgage appointment with a mortgage advisor in Sheffield, you will need to provide information about your income and expenses to determine your affordability.
Although certain circumstances may limit your options, we will search through 1000 deals to find the best possible solution for you.
Our next step is to obtain an agreement in principle, which can be used to support any purchase offers you make.
Once you accept a purchase offer, your mortgage advisor in Sheffield will proceed to submit your full mortgage application and relevant evidence documents.
Our service goes beyond merely obtaining the best deal. We will also advise you on relevant insurance policies to safeguard you and your family financially.
When a mortgage applicant is going through a particularly tough time with their mortgage and is finding it difficult to get accepted by a lender, we will always be ready and willing to help them with arms wide open.
As a trusted and experienced mortgage broker in Sheffield, we have had spoken with a large variety of different customers over the years, all with varying mortgage scenarios. Here is a more in-depth look at some of these mortgage scenarios:
If you’ve had a property survey carried out on the property and you then find out that the offer you put forward and had accepted is actually above the market value of the property, this is a Property Down Valuation.
Though not completely impossible, it’s incredibly likely that your lender will pull out of the deal. This can change if you are able to make up the difference between your offer and the properties true value.
If you happen to be going through a divorce or separation, it can be difficult enough to sort out what happens next. This is even more the case if you are tied into a mortgage together. It is crucial to sort this out sooner rather than later, as it can be very complicated if you leave it too long.
Further from the latter mortgage scenario, if you are going through a divorce or separation, you may wish to remove your own name or your ex-partner’s name from your mortgage. You will be limited with your options depending on both of your levels of financial stability, as well as your affordability based now on only one lot of income.
If you’re married and looking to obtain a mortgage on you and your partner’s home, a mortgage lender would definitely prefer for both applicants to be named on the mortgage, though if you would rather take out the mortgage in only one name, you may still be able to do this.
The Shared Ownership Scheme is a great tool that allows mortgage applicants to take out a mortgage on only a percentage of the property, as a share. This is typically between 25%-75%. Whoever owns the remaining share, likely a local authority, you will pay them back in rent alongside your own payment.
Professional mortgages are only accessible to very specific professions. This is a niche section of the mortgage market and as such we would highly recommend getting in touch with a specialist like ourselves for more information on this.
If you are planning to take out a mortgage on a additional property, you will need to provide evidence that you are financially stable enough to cover the costs of two mortgage payments. We are able to help you prepare for this.
Holiday lets work very similar to buy to let properties, however, you won’t have a tenant in there all the time, potentially even having an empty home altogether during off-seasons. As such, lenders need to have complete confidence that you’ll be able to afford your mortgage payments at all times, whether the property is occupied or not.
New builds can often be more expensive to invest in than properties from previous generations. If you’re struggling to save up for your initial deposit, you might find solace in using the government’s Help to Buy Equity Loan Scheme as a means of getting onto the property ladder.
A ‘non-standard’ property is a property that is not built from standard building materials like bricks or mortar. In order to take out a mortgage on something like this, you will need a very specialist mortgage product. We also highly suggest that you get a full structural property survey if you’re looking to buy a property that falls into this category.
HMO mortgages are essentially buy to lets with 4-6 tenants, such as the sort that you would see used for student housing. HMOs are often very difficult to work with. We would recommend that you obtain specialist buy to let mortgage advice in Sheffield if you’re looking at stepping into the world of HMOs.
You may have the option to release the equity that you’ve built up in your home and convert that into cash by way of taking out a lifetime mortgage. We would recommend that you get in touch for specialist help if this sounds like something you would like to do with your home.
Offset mortgages links up a savings account to your mortgage. Taking one out could possibly be a good way of helping you access competitive interest rates and mortgage products.
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Sheffieldmoneyman.com & Sheffieldmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Sheffieldmoneyman.com & Sheffieldmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
