We know many people find the thought of getting a mortgage is a long and complex process. We here at Mason Mortgages & Financial Services aim to take the stress and hassle out of this. Whether you are a First Time Buyer, switching a mortgage provider or trading up, we will provide the necessary expertise to simplify the process for you to ensure that things run as smoothly as possible.
- Initial Meeting & Pre-Application Queries
This gives us an opportunity to find out about your current financial position and your specific requirements. We will explain the steps that dictate mortgage suitability and make sense of the complicated jargon. We should then be able to provide you with a good indication of your suitability for mortgage approval, the amount you are likely to obtain and from which lenders.
- Application Stage
Once you are happy to proceed with the application, we will gather up all the required information and submit this to the prospective lenders on your behalf.
- Application Management
This involves liaising with the lender(s) on your behalf and dealing with any issues that will inevitably arise on a regular basis.
- Mortgage Drawdown
We ensure that all requirements and conditions are adhered to the satisfaction of the lender. This is an onerous task as lenders are becoming much stricter in terms of complying with drawdown criteria.
- Arrangement of Insurances
We will arrange your Life Cover as per mortgage drawdown requirements. This may delay the drawdown of funds if these items are not dealt with quickly and efficiently.
- Post Completion Checklist
Once your mortgage has successfully drawn down, we ensure that payments are in order, relevant documentation is returned to you and other loose ends are tied up.