Mortgages for Moving Home
AL Mortgages is a local Liverpool based and fully regulated Mortgage Broker firm. We have full access to the whole market with deals from all the major lenders. The market may have changed a lot since you last bought your home so it is important to get professional help when applying for a new mortgage or transferring an existing one.
Book a Free Consultation with one of our Expert Mortgage Brokers
A Guide to Mortgages for those Moving Home
People often get confused about what they should do first when it comes to selling and buying on. This page should clear up some of the questions you may have. In theory, there is no “right or wrong” way to do things but we’ve found, in our years of experience, that the steps we’ve put together here are usually the most fool proof.
There are lots of other things you will need to consider as well but they will usually be unique to you and your circumstances. We are here to help and only a phone call away if you get stuck or want a question answered. We don’t only help with your mortgages but we will help with everything else too.
The best way to start is by calling us on 0151 459 9826 or by leaving your details in the callback form so an expert can call you and talk you through it for FREE.
Let’s start right now with 8 simple steps.
Step 1 - Get a Valuation
Most local estate agents will offer a free no obligation valuation
Book a local estate agent to come out and give you an up to date valuation along with their selling fees.
Step 2 - Investigate your options
Speak with a Mortgage Expert to find out:
What are the costs of moving or buying?
How much you can borrow?
How much you can buy for?
How much your monthly repayments will be?
Get an Agreement In Principle from your AL Mortgage Solutions expert
Step 3 – Instruct an Estate Agent
You had it valued, now it’s time to put the property on the market. The Estate Agents will:
Take photos of your property
Run through your contract
Get your property online
Find you a buyer.
Step 4 - Find Your Dream Home
This is the fun part. Get yourself out there and view as many properties as you can…
Arrange viewings with Estate Agents
Negotiate on the property (don’t forget to start low. You can always go up but you can’t come down)
Agree a deal with the seller
Step 5 - Time to Apply
We will give you advice and submit all the applications on your behalf.
Apply for your mortgage and protection
Instruct your solicitors – we can help put you in touch with a local solicitor we work closely with to ensure everything runs smoothly
Your Mortgage expert will send off all your documents to the lender for them to review
Step 6 – Mortgage Offer
The importance of dotting the i’s and crossing the t’s. Make sure there isn’t a stone left unturned. Once your survey has come back and documents accepted form the lender, a full mortgage offer will be produced
We will review your mortgage and protection arrangements with you to make sure you’re happy with everything.
Step 7 - Exchange Contracts
This is a vital part of the process and it’s all legally binding. We will help you get to this period as quickly as possible.
Before you exchange you’ll need to sign a mortgage deed, a contract and a transfer of equity form
This is when your deposit is lodged with the solicitors and it becomes legally binding… Time to relax!
Step 8 - Completion
This is the most existing part of the process… Time to take the first walk in your lovely new home!
This will usually happen a week or so after exchange however, it might be longer depending on others in the chain or if it’s a new build
Time to pick up the keys, put the kettle on and have a cuppa in your new home!
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Our Mortgage Products
Read more about the different Mortgage products we can offer.
First Time Buyers
Buying your first home? Look no further, AL Mortgage Solutions are here to help to make this exciting time as enjoyable as possible for you.
If you are approaching the end of your fixed term or simply just want to switch your mortgage for the best rate, we can help you.
A Personal, hassle free aprocess.
“We know the stress and hassle surrounding buying a new home, retmortgaging your existing home or making your first step onto the property ladder. Our team do everything we can to take that stress away to help you enjoy your new home.
With a personal approach for each of our customers with your own dedicated mortgage broker to answer any of your questions and provide you with the support to ensure a seamless Mortgage application and funding process. “
What our Customers Say
Don’t just take our word for it, read what our fantastic customers have to say about their experience with AL Mortgage Solutions.