Mortgage Advisor Blackpool
When looking to purchase a property, there are a wide variety of options available for mortgages. This means sometimes it can be hard to know where to look to find the best deal for your needs.
Often speaking to a mortgage broker local to your area can be very beneficial. As experts in the Blackpool property market, we can advise and support buyers in this area in finding their perfect mortgage deal.
A local mortgage expert will have a better understanding of area specific factors that may affect your mortgage application.
About essential MORTGAGES
We are a team of Blackpool mortgage experts, with years of experience in helping buyers find great mortgages with rates to suit any budget.
We have expertise in all available mortgage types including buy to let mortgages, first time buyer mortgages and many more.
Our team is dedicated to supporting buyers through their entire application process, meaning buyers get a great mortgage with expert advice every step of the way.
We have a wide range of lenders on our specially selected panel. We have access to deals through over 50 of the UK’s top mortgage providers. This means we can find a mortgage deal to suit any circumstance or budget.
- Accord Mortgages
- BM Solutions
- Chorley Building Society
- Clydesdale Bank
- And many more…
We can find the most competitive rates currently available on the market. This means our buyers have access to great deals at reasonable rates.
Why choose a mortgage broker in Blackpool?
It is important to be comfortable and confident with your choice of mortgage advisor. A skilled and knowledgeable mortgage specialist can help simplify the mortgage process and find a great mortgage deal.
Speaking to a team of local Blackpool mortgage experts such as us can be extremely helpful when buying a property. As we have a great knowledge of the area we can advise on anything that may affect your mortgage.
Reasons to speak to our local Blackpool advisors include:
- Understanding of the local housing market
- Experienced in dealing with local agents
- Knowledge about local solicitors
- Surveying and valuations expertise
There are many things that can affect your mortgage so speaking to someone who understands the process inside out can make a big difference.
Cheapest mortgage deals in Blackpool
When looking for a mortgage, buyers want a quality deal at a price that is reasonable and repayments that are affordable for years to come.
A key step in finding a mortgage at a price to suit you is to speak to a specialist who understands the mortgage and housing markets well. As experts in your local area, we can assess which lenders will be the best choice and have the best rates for Blackpool mortgages.
We work with local lenders, as well as high street lenders, to ensure we are offering Blackpool buyers a range of the most competitive rates possible.
Lowest Blackpool remortgage rates
There are a lot of reasons a remortgage can be helpful for property owners. There are many great benefits to remortgages including but not limited to:
- Debt consolidation
- Switching to a fixed interest rate
- To fund home improvements or renovations
- Changing to a longer term to reduce monthly repayments
Lenders will offer remortgages for any of the above reasons plus more. If needing additional funds, releasing equity from a property you own can be a great way of accessing this. It is also good practice to regularly review your mortgage deal. You may be able to secure a better price through a new lender or even through your current lender in some cases.
Check out this page to learn more about remortgaging your property.
Best mortgages for buying a home in Blackpool
When buying a property, buyers want to be sure they are getting the best possible deal for their mortgage. It can be difficult to know which lenders will be the right choice.
When applying for a mortgage, there are various factors a lender will assess including:
- Credit profile
- Income vs expenses
- Deposit amount (LTV)
- Credit score/rating
We can help you to assess if any of these areas could cause a potential issue with lenders, to make sure you are only applying to the lenders most likely to approve your application.
Our experts can compare deals across lenders to ensure you are getting the best deal currently on the market – without the additional hassle of multiple applications.
Buy to let mortgages in Blackpool
Blackpool has a great deal of potential for property investors and portfolio landlords as well as those looking to buy a home. Rental income can be a great additional source of revenue for landlords in Blackpool.
For those wishing to take out a buy to let mortgage, our brokers have years of experience in this type of mortgage. We can offer expert advice as well as warning about any risk factors that might currently affect the Blackpool property market.
We can also advise on the best choice of local solicitors and agencies for your property purchase. This advice could be extremely useful both for those who are new to the area and those who already own properties in Blackpool. We are able to offer help with both commercial and residential mortgages for those wanting to buy to let.
Learn more about how we can help find the best buy to let mortgages.
Protecting your mortgage
When taking out a mortgage, it is sensible to put protection in place to ensure your payments will be covered long term. Having a safety net in place will mean your mortgage can always be paid by your loved ones (or even fully paid off) if anything were to happen to you.
Great options for mortgage protection are:
- Mortgage life insurance (Decreasing term)
- Family life insurance (Level term)
- Critical illness cover
- Income protection
- Mortgage payment protection
- Buildings & contents insurance
Speak to a protection specialist for advice on how to safeguard your mortgage.