Mortgage
Advice Rayleigh.

Mortgage Adviser Rayleigh

Your Local
Mortgage Expert.

We’re your friendy, expert mortgage advisers in Rayleigh, Essex.

Have you ever tried to use a bank to arrange a mortgage?

If you have, you may well have found that you sit on hold for 20 minutes and when you do finally get through, you have to wait a week for an appointment. Then, during the process, you have a question. So, the next day, you may well sit on hold again for another 20 minutes to get the answer you want. And let’s not forget, banks only offer their own products. A bank will not compare their products with their competitors. With Lee Berry Mortgage Services, you have your own, personal, on-hand adviser at your finger tips who will compare deals from the whole market to make sure you end up with the very best rate in the market.

When you instruct Lee Berry – Mortgage Services, you get full advice and recommendation based on the best deals in the marketplace. You will be allocated your own, personal, on-hand adviser. Your adviser will be your dedicated contact and will be contactable out of hours if needed, including evenings and weekends if required.

20 Years Experience

Local Essex Expert

w

Friendly & Reliable

Why People Use Us.

“Lee Berry Mortgage Services were instrumental in helping us get our last mortgage. We weren’t sure if we could even get a mortgage as we had a few problems in the past however our adviser knew exactly which lender to go to and got the deal through quickly and made it easy for us to understand. I cannot recommend them highly enough”

Karen S.

“Highly recommended. Lee helped us get a mortgage when we thought we had exhausted all options elsewhere. After being declined several times by other lenders, Lee was able to help us get the mortgage we wanted straight away and with minimal fuss.”

Vanessa W.

Only the most experienced advisers.

Selling and buying property can be one of the most stressful things you will ever do. Having an expert on hand will help you through the tricky process and help you to avoid the pitfalls on the way.

Location

Based in Rayleigh, Essex, can offer home visits, evening and weekend appointments if required to clients in the South Essex areas.

For clients outside the Essex area, telephone appointments are available.

Our Service

A service designed for people that want a personal and on-hand service. Available at all times to find the best mortgage deal available but also to help throughout the whole process, whether it be a remortgage, buy to let or home moving process.

Frequently Asked Mortgage Questions 

Is a property survey required?

When applying for a new mortgage, your lender will want to carry out a valuation of the property to ensure you’re not paying too much.

They will send over a valuer to the property you are looking to purchase, of which there will usually be a charge, although some provide this service free of charge.

The survey is completed purely to ensure that you’re paying the right amount for a property and not a structural report so should you have any questions around the structural integrity, it is highly recommended that you get your own independent property surveyor.

How much deposit do I need to buy a house?

The minimum deposit required to secure a new mortgage is 5% of the property price. If you’re able to put down a larger deposit, your mortgage rates will be generally cheaper. 25% deposits can offer significantly cheaper rates.

How much can I borrow on a mortgage?

Each lender will calculate your borrowing capacity differently, however, as a rough guide, a large percentage of lenders will lend up to 4.5 times your annual salary.

This amount will then reduce depending on your outgoings, credit commitments or car finance etc. High earners may be able to borrow up to 5 times salary (subject to underwriting.) Get in touch to find out exactly how much you can borrow.

Can I get a buy to let property?

Buy to let mortgages have dramatially changed in recent years and they can seem confusing. In order to secure a buy to let mortgage a deposit of 20% is expected in most cases, but you will benefit from lower interest rates should you go with a 25%.

The amount you can borrow usually is determined by rental income you will recieve. We can help you calculate how much you will be able to borrow, get in contact with us today to discuss.

What is an agreement in principle?

If you’re happy with your mortgage figures, you can then get your mortgage agreed in principle. We can apply for your chosen provider on your behalf and get a credit check carried out.

Once your lender has given you the green light, many lenders off a ‘approval in principle certificate’ which you can use when working directly with estate agents. Having this certificate can strengthen your position as a buyer in situations where there are more than one interested in the property you’re looking after.

To get your approval in principal, you will need to provide an accurate evidence of your income, if you’re employed this means you’ll need 3 month of payslips (or 13 weeks if paid weekly). If you’re self employed, this is likely to mean your most recent 2 year’s tax calculations. You can request these from an accountant or download through HRMC website.

Other Services

Contact us today to see how we can help you with your mortgage.

Website Created by Scott Pearson Design

Authorised and regulated by the Financial Conduct Authority. 

Lee Berry Mortgage Services is a trading name of LB FINANCIAL LIMITED and is entered on the Financial Services Register under reference 841329.

Registered office address; 35 Ferndale Road, Rayleigh, Essex SS6 9NN

Registered in England and Wales. Company number - 10798151.

The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments. 

Mortgage Calculator

Stamp Duty Calculator

Call Now
Email