Choose the right kind of mortgage for you

A mortgage advisor typically works for a company who can offer advice on which mortgage is right for a client. A mortgage advisor will take a closer look at the buyer’s situation and assess the best mortgage deals for them. Some mortgage advisors will offer additional services but they will usually include advice for first time buyers and for those moving home. At GPD Mortgage Solutions, we offer all of this and more.

If you are buying a property for the first time, going straight to the bank can be a poor decision. Yes, you might be offered a great deal from your existing bank but this isn’t always going to be the case. When you use a mortgage advisor, you can find out more about the best rates for you and get expert advice on the types of mortgages that are suitable. Mortgage advisors are separate to banks and building societies, so you don’t need to worry about biased advice.

The main role of a mortgage advisor is to offer guidance on finding and applying for a mortgage. Most advisors will offer advice on various kinds of mortgages and help you to come to the right decision in the end. At GPD Mortgage Solutions, we offer services to those moving home, first time buyers and those who want to remortgage their home. Mortgage advisors can also provide advice to those who are planning on buying to let.

If you are planning on applying for a mortgage through an advisor, you will need to have the correct documents. This includes utility bills, proof of any benefits and payslips from the last three months. You will also need a form of identification and a P60 form from your employer. Usually, if a mortgage advisor requires any kind of documentation from you, they will let you know as soon as possible. The more evidence that you have that proves that you are eligible to purchase the property, the better.