Ellis-Ridings Mortgage Solutions

📜🔑 Agreement in Principle: Your VIP Pass to House Hunting! 🔑📜

Don’t start your property search without an AIP! It not only helps you understand your budget but also shows sellers and estate agents you’re a serious buyer. Get yours and house hunt with confidence! 🏡✨

💼🔍 Your Personal Mortgage Matchmaker! 🔍💼

Navigating the mortgage maze can be tricky, but we’ve got your back! As your dedicated mortgage broker, we work tirelessly to find the best deal tailored to your needs. Let us do the heavy lifting while you focus on finding your dream home! 🏠💖

🏡✨ Why Wait? Now's a Great Time to Buy! ✨🏡

The market is buzzing, and opportunities are ripe! Whether you're a first-time buyer or looking to upgrade, there’s no better time to make your move. Lock in great rates and secure your dream home today! 🏠🔑

🏡✨ Fantastic Property Alert! ✨🏡

Calling all first-time buyers! Check out this gem in Shropshire—a beautifully presented, much-improved 3-bedroom home that's just a short stroll from the town's local amenities. 🏘️💖

Nestled in a charming courtyard, this home offers parking for two cars and a lovely walled garden. 🌿🚗

🛋️ Accommodation highlights:

Reception Hall with ground floor Shower Room
Spacious Lounge/Dining Room
Cozy Conservatory
Modern Kitchen with integrated appliances
3 inviting Bedrooms
Family Bathroom

Enjoy the comfort of gas central heating, double glazing, and an enclosed rear garden perfect for relaxing or entertaining. 🌟

📢 Viewing highly recommended! This impressive, neatly presented town house is a dream come true with its enviable courtyard location and proximity to all amenities.

✨ Key Features:

Impressive 3 Bedroom Town House
Prime Courtyard Location Close to Amenities
Reception Hall with Shower Room
Generous Lounge/Dining Room + Conservatory
Modern Kitchen with Integrated Appliances
3 Bedrooms and Family Bathroom
Parking for Two Cars
Beautiful Courtyard Garden

Don't miss out—book your viewing today! 🏠🔑

Monks Estate & Letting Agents Sarah Ridings Michael Ridings

5 Queens Park Gardens Queens Road, Oswestry, SY11 2HZ For Sale | Monks Estate & Letting Agents *** MUCH SOUGHT AFTER LOCATION CLOSE TO THE TOWN CENTRE ***An attractively presented, much improved, 3 bedroom home perfect for those looking to be

⚽️🏴 Good luck to the England football team this evening against Denmark! We're cheering you on! 🎉 While you're rooting for the win, remember we're here for all your mortgage advice needs. Get in touch with us to score the best deals! 🏡💬

Interest rates have been frozen by the Bank of England for the seventh consecutive month despite another drop in inflation.

Bank chiefs on Thursday held the rate at 5.25 per cent in another blow to workers, homeowners and borrowers.

See the full article below -

🏠📈📉

BANK OF ENGLAND BASE RATE REVIEW

The next review for the base rate happens this week on the 20th

What are we thinking? Stick or Twist???

Ahead of Englands first game at the Euro's tonight

We just wanted to wish everyone good luck in the tournament, but not as much luck as England 🥳

Happy Fathers Day!!🥳to all those with children, with the dream of children, who want to see their children and everyone inbetween.

The hardest job, but 100% the most rewarding job in the world!🥰

“Fatherhood is the greatest thing that could ever happen. You can’t explain it until it happens; it’s like telling somebody what water feels like before they’ve ever swam in it.”

Struggling to navigate the mortgage maze? Our professional, experienced, and whole-of-market mortgage brokers are here to guide you every step of the way. Unlock your dream home today!

📢 Attention First-Time Homebuyers! 🏠

Are you ready to step into your dream home but unsure how much you can borrow? 🤔 Let us guide you through the process with ease!

Why Speak to a Whole-of-Market Experienced Mortgage Broker?

🔍 Comprehensive Search: Unlike banks that offer their own products, a whole-of-market broker explores ALL available options to find the BEST deal for you.

💡 Expert Advice: With years of experience, our brokers provide personalized guidance, helping you understand your borrowing potential and the best mortgage options.

⏳ Save Time & Stress: We handle the legwork, so you don’t have to. From paperwork to negotiations, we’ve got you covered!

💰 Maximize Your Borrowing Power: Learn tips and strategies to boost your borrowing capacity and secure a mortgage that fits your needs.

Get Started Today!

Discover the difference a professional, experienced, and whole-of-market mortgage broker can make! Whether you're a first-time buyer or looking to remortgage, get expert advice tailored to your needs.

It’s amazing!!!

The number of people we speak to, who just want to understand their situation and we are able to help right away!

There are so many opinions and suggestions when it comes to mortgages and home buying from friends/family/dave down the pub, but the truth is, unless you speak with an experienced mortgage broker, you will never truly know your position.

A few scenarios we have helped with recently

1 years self employed income ✅
Historic defaults in the background ✅
First time buyer with low income ✅
Clients returning from overseas with a lack of credit history ✅
Clients who have gone onto the lenders variable rate ✅
Buy to Let remortgage to raise equity and gift to children ✅
Renovation mortgage on a derelict property ✅

This is just a snapshot of some of the things that can be achieved by having access to the whole market and a mortgage broker with the willingness to help

🎉🏡 Congratulations on Your New Home! 🏡🎉

We are thrilled to extend our warmest congratulations to our clients on moving into their beautiful new home! 🏠✨ It’s a joy to see your dreams come to life and we couldn’t be happier for you.

Wishing you many years of happiness, laughter, and wonderful memories in your new abode. Welcome home! ❤️🏡

The first few months of 2024 showed some promise for a housing market which is stabilising following a challenging period for buyers and sellers alike. So, with spring well under way, how is the property market faring at the moment?

Full article in link below

What a weekend it’s been!

was fantastic! The sun ☀️ was out constantly! BBQ, friends and lots of fun times with the family. 😁

Oh and one completion on Friday, alongside 2 agreement in principles on Saturday as well as another offer, for another first time buyer 👍🍾

Overall a great weekend

First time buyers 🏠
A guide to buying your first home in England and Wales

Move in
Once your mortgage has completed and your conveyancer has paid the purchase money to the seller’s conveyancer, they’ll instruct the estate agent to give you the keys. Congratulations! 🥳
You’re officially a homeowner.
Now it’s time to make it your own.

First time buyers 🏠
A guide to buying your first home in England and Wales

Exchange contracts
Once you’ve received your mortgage offer and all of the legals checks are complete, the conveyancer will arrange the exchange of contracts and give your initial deposit to the seller’s conveyancer. From exchange of contracts, it is your responsibility to ensure that you have buildings insurance in place, again your broker can help with this and ensure it is in place and help avoid any delays.
When it happens:
once you’ve received your mortgage offer and the initial conveyancing process is complete.

First time buyers 🏠
A guide to buying your first home in England and Wales

Conveyancing, lender valuation and independent surveys.
At this point your conveyancer could start work. Your mortgage provider will also carry out a mortgage valuation on the property to make sure it provides sufficient security for the loan. Once they’re satisfied it does, and providing they’re happy with everything else on your application, they’ll issue your mortgage offer. The mortgage valuation is an
assessment of the saleability and mortgageabilityof the property and is for the benefit of the lender.
Should you require a more in depth look at the property from an expert, your mortgage broker can help you arrange either a home buyers survey or a full structural survey
When to do it:
once your offer on a property has been accepted.

First time buyers 🏠
A guide to buying your first home in England and Wales

Apply for a mortgage
Not all mortgages are the same, so you’ll need one that’s right for you. Your broker will recommend a mortgage, guide you through the process and keep you up-to-date with the progress of your mortgage application. Each mortgage lender has different acceptable criteria and policies in place. Your personal and financial circumstances will determine which lenders are available to you and your broker will match you up to the most suitable lender.

When to do it:
after you’ve made an offer on a property and it has been accepted.

First time buyers 🏠
A guide to buying your first home in England and Wales

Choose a conveyancer (aka solicitor)
A conveyancer (also known as solicitor or licensed conveyancer) is a property lawyer who takes care of the legal aspects of buying your property. They act for the buyer and the lender, so the conveyancing firm needs to be on the lender’s conveyancing panel. A good mortgage broker will have worked with many conveyancing firms and may be able to offer a suggestion, if you are unsure where to start.

When to find one:
it’s best to be prepared, so the sooner the better, but you won’t need to instruct them until you’ve submitted your mortgage application.

First time buyers 🏠
A guide to buying your first home in England and Wales

You make an offer directly to the estate agent selling the property. They will want to see your DIP as assurance that, in principle, you can get a mortgage. A good mortgage broker like ourselves can help with offering on properties, as this can be a daunting task for some.

When to do it: once you’ve got a DIP and found a house you want to buy.

First time buyers🏠
A guide to buying your first home in England and Wales

Decision in Principle (DIP)
Ask your broker to give you a Decision in Principle (DIP). This will give you a rough idea of how much you might be able to borrow on a mortgage, but it won’t be a figure set in stone. A DIP could leave a footprint on your credit report, so it’s a good idea to check with the mortgage provider before you get one. Your mortgage broker will do this for you.

When to do it: either when you start to view houses with the intention to buy or when you’ve found a property and you’re ready to make an offer.

First time buyers🏠
A guide to buying your first home in England and Wales

Affordability check 💵
Before you get a mortgage, you’ll need to check on whether you can afford to pay it back. Your broker can take you through an affordability check - this is based on your income and outgoings.
When to do it: before you start your property search.

First time buyers

Look out this bank holiday weekend - 8 steps to purchasing your new home

A guide to buying your first home in England and Wales that will help you understand the process and how to approach it 🏠✔️

UK inflation drops to 2.3%, increasing pressure on Bank of England to cut rates! 📉

Could we see some rate drops this summer?????

Article in the comments below

Looking for a mortgage broker that truly works for you?

How about a mortgage offer on a Sunday afternoon whilst the sun is shining and you have the chance to celebrate 🍾🍻🥳☀️

That’s how we work 👍